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South Africa

South Africa Fleet Sales Drop in March

Domestic sales of new light commercial vehicles and medium- and heavy-trucks in South Africa  recorded a significant decline amid the COVID-19 pandemic.

South Africa Commercial Vehicle Sales Decline Again

Light commercial vehicle sales in South Africa fell again in October, dropping 5.9%, despite new vehicle sales overall showing a marginal 0.2% increase in the same month, according to the National Association of Automobile Manufacturers of South Africa (NAAMSA).

South Africa FMC Acquired for $222M

South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.