Tag Archives: Associated Motor Holdings

Oct

Year-to-date truck sales beat last year’s figures

2018-10-18 10:41
Gert Swanepoel, managing director of UD Trucks Southern Africa: “Sales to operators in the distribution industry, including long-haul, are driving growth while demand from the mining, agricultural and construction industries have declined.”

In among all the political ‘drek’ that we are fed every day, here’s some good news for the trucking industry. The South African commercial vehicle market is continuing to defy economic trends by increasing overall sales by 2.3% year-on-year at

Jul

Half-year truck sales just slightly off the pace

2018-07-12 10:18
UD Trucks Southern Africa believes that “the stable current government will lead to more investment in infrastructure that, in turn, will result in increased commercial vehicle sales.”

The South African commercial vehicle market once again showed resilience amidst challenging economic conditions to end the first half of 2018 with just a slight year-on-year decline of 1.3%. A total of 12 555 commercial vehicles have been sold so far

Mar

Mixed bag of results for truck market

2018-03-09 11:48
Croner: During February 2018, UD Trucks Southern Africa increased its market share in the EHCV and HCV segments from January 2018 with 159 units sold. These results were on a par with February 2017’s results.

The South African commercial vehicle market experienced a 25.6% growth during February compared to January 2018 sales, concluding the month on 1 935 units.   However, on a year-on-year basis, sales were down by 14.2% on February 2017’s results, and down by

Jan

Truck market expected to grow marginally in 2018

2018-01-19 11:38
Gert Swanepoel, managing director of UD Trucks Southern Africa: “With recent political changes in mind, we are hopeful that business confidence will return to more positive levels, which will certainly encourage businesses to invest in their fleets.”

During 2017 the South African truck market declined by 2.65% on the previous year’s results to 25 042 new unit sold. There is, however, some good news on the horizon with Gert Swanepoel, managing director of UD Trucks Southern Africa, forecasting

Apr

First quarter growth for truck industry despite turbulence

2017-04-06 12:57
Even though the downgrading of South Africa to sub-investment grade has thrown dark clouds over the economy, Gert Swanepoel, managing director of UD Trucks Southern Africa, believes that amid all the turbulence, the dust will settle and the steady slog towards growth in the truck industry will begin once more.

The South African truck market has shown on-going resilience despite recent political and economic events. However, the effect of the rating agency, Standard and Poor, and possible other’s downgrade of South Africa to sub-investment grade will determine if the small