The South African automotive industry has shown remarkable resilience in 2023, and I recently shared these insights on Newzroom Afrika. Despite a fragile economy and the burden of constant interest rate hikes, South Africans' love affair with cars has not waned. In 2023, the market data painted a clear picture of consumer preferences, with the [...]
In a recent conversation with Peter van Binsbergen, CEO of BMW South Africa, the importance of leaving a lasting legacy became a central theme. This discussion not only revealed Peter's personal values and aspirations but also shed light on the significance of legacy from a leadership standpoint. Family and Personal Legacy Peter kicked off the [...]
As we approach 2024, the landscape of car ownership in South Africa is undergoing a significant transformation. The National Association of Automobile Manufacturers' recent report indicates a 4.4% decline in new vehicle sales this past November, a clear sign of the economic headwinds we face. High-interest rates, inflation, and a sluggish economy are the main [...]
