Volvo financial services launched in South Africa
Volvo Financial Services, the global captive finance arm of the Volvo Group has announced the launch of its operation in South Africa through the newly established Volvo Financial Services Southern Africa (Pty) Ltd.
Volvo Financial Services will provide financial services...
Theft on the move: How to safeguard goods and personnel in transit
With a spike in thefts from delivery vehicles causing havoc across the country, fleet owners and operators are looking for solutions to safeguard life and property.
Incidents of theft from delivery vehicles are occurring nationwide and seem to be increasing....
The right insurance will keep you trucking
Trucks are the lifeblood of South Africa, and truckers are the unsung heroes who spend hours behind the steering wheels of their vehicles delivering loads ranging from farm produce to hazardous chemicals across the country, 365-days a year. While...
Volvo Trucks helps customers improve cashflow
Volvo Trucks is now introducing the Volvo Flexi-Gold Contract – a new usage-based service contract where monthly fees are aligned with actual mileage. This means hauliers have greater flexibility to adapt their operations to market conditions and...
Slump in commercial vehicle sales for month of April
The South African commercial vehicle market recorded a decline in sales during April, lagging 7.5% behind the year-to-date results of 2017. A total of 7 674 new trucks and buses have so far been sold in 2018.
This is according to...
Insurance Claims due to Violent Protests and Riots up by almost 31%
Not a day seems to go by without news of a violent protest erupting somewhere across South – reports of violence, looting, burning and destruction have become regular occurrences, with many businesses and private individuals left with the devastating...
Motus & BNP Paribas close Sustainability Linked Loan
Motus Holdings Limited, a South African automotive company, has added a Sustainability Linked Loan (formerly known as a Positive Incentive Loan) feature to its existing $30 million loan with BNP Paribas to complement its strengthening commitment to environmental awareness...
Mixed start for commercial vehicle sales in 2020
The South African commercial vehicle market got off to a mixed start in 2020, recording a 4.4% year-on-year decline in overall sales in January.
According to the latest combined results
released by the National Association...
