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ITV acquired a minority stake in Carwow, valued at £2.5 million in return for advertising inventory, as part of a media for equity scheme, with an option to invest a further £2.5 million. [21] [22] [23] In 2024, Carwow acquired Autovia, the publisher of former Dennis Publishing magazines Auto Express, Evo, DrivingElectric and Carbuyer. [24] [25]
In 1966, SAMAD was renamed Volkswagen of South Africa Limited at an extraordinary general meeting. [1] In 1966, SAMAD, in which Volkswagenwerk AG held 63% of the shares at the time, had around 2,460 employees and sold 21,888 vehicles. [4] With 36,315 vehicles, Volkswagen became the best-selling brand in South Africa for the first time in 1973.
Ford Motor Company of Southern Africa (Pty.) Ltd. is an automobile and commercial vehicle manufacturer with corporate headquarters in Pretoria. The company is a wholly-owned subsidiary of Ford Motor Company. [1] As of 2024, Ford had the fourth-largest market share in South Africa with about 10% of the market. [2]
The Ford Kuga has also been available in Argentina since 2010; in Japan, South Africa, and New Zealand since 2011; and in Australia since March 2012. [ 8 ] A facelift was released at the end of 2010, after being revealed in July 2010.
In 2004, South Africa was responsible for the manufacture of 84% of all vehicles produced in Africa, 7 million of which are on the South African roads. Also in 2004, the industry made a 6.7% contribution to the GDP of South Africa and 29% of all South African manufacturers made up the country's automotive industry. 2004 also saw 110,000 ...
The BMW 530MLE in 1976 was the second car that BMW’s fledgling M division produced, and it was designed to compete in South Africa's Modified Production Series instead of the regular E12 528i. 100 homologated road cars had to be produced by BMW South Africa under the regulations, with 105 to 110 of these eventually being sold to the public. [11]
The one millionth Corolla was manufactured in South Africa in 2013. [9] In 2014, the Hilux, Fortuner, all Hino models and Ses'fikile taxis were produced from kits at the Toyota plant in Prospecton near Durban. [6] In Q4 2021, Toyota started assembling the Corolla Cross in South Africa. [10]
The Toyota GR Supra (model code J29/DB or A90/A91 for marketing purposes) is a sports car produced by Toyota since 2019. The fifth-generation Supra, the GR Supra was sold under and developed by Toyota Gazoo Racing (TGR) brand in collaboration with BMW.