insert_link Business / Economics Trump pauses tariffs on big 3 US automakers for one-month US President Donald Trump has granted the three main US car makers a one-month reprieve on tariffs. They were impacted when 25% tariffs on Mexico and Canada goods began on Tuesday. Nick Harper reports from Washington. today6 March, 2025 37
insert_link Business / Economics January Vehicle Sales Up Year-on-Year but Drop Monthly Records indicate 966 new vehicle sales in January, a 1.7% increase from January 2024 but a 12.2% decline from December 2024. Economist Almandro Jansen attributes the drop to seasonal trends and post-holiday financial constraints. today25 February, 2025 46
insert_link Business / Economics Tesla starts hiring in India after Prime Minister Modi met Elon Musk in US Tesla is hiring in India as the US electric carmaker moves ahead with plans to enter the South Asian market. This comes after Indian prime minister Narendra Modi met Tesla CEO Elon Musk during his visit to Washington last week. Rebecca Bundhun reports from Mumbai. today18 February, 2025 70
insert_link South Africa S.A Union COSATU Concerned Over U.S. Tariff Threat S.A union Cosatu says it is deeply worried by the United States president Donald Trump’s announcement of pending tariffs on South African and other nations’ exports. Cosatu’s spokesperson, Matthew Parks says this threatens thousands of South African jobs in many sectors, including agriculture, mining, jewellery, chemicals, automotive, and clothing. He says with a 41.9-percent unemployment rate, South Africa cannot afford further job losses: today15 February, 2025 44
insert_link South Africa South Africa’s Manufacturing Output Drops 0.8% in September According to Statistics South Africa, the country’s manufacturing output fell by 0.8-percent in September, with the automotive sector largely responsible. This marks the second month of declining output, following a 1.2-percent drop in August. StatsSA’s Nicolai Claassen says production in motor vehicles, parts, and transport equipment fell by 18.7-percent, accounting for a significant portion of the overall decline: today14 November, 2024 46
insert_link Business / Economics Auto industry faces new guidelines The Namibian Competition Commission is developing industry guidelines to address anti-competitive practices in the automotive sector. The proposed guidelines will, according to the Commission, improve market conditions by promoting fair competition, transparency, and consumer protection. The development follows an investigation launched in 2018 into the conduct of original equipment manufacturers, vehicle dealerships, and panel beaters. NaCC spokesperson Dina //Gowases. today30 July, 2024 49