Tips to lower fuel consumption

Tips to lower fuel consumption

South Africa has undergone some significant changes in the past year. This, paired with the uncertainty around the outcome of the national elections in May 2019, has created some fluctuations in the prices of fuel. The fuel prices jump regularly, so the best way to...
Buying cars: is leasing better than financing?

Buying cars: is leasing better than financing?

The vehicle market is highly competitive in South Africa. The affordability of a pre-owned car makes them a popular choice for many new buyers, however, brand new cars have the advantage of reliability and manufacturers guarantees. Formex produces quality parts for...
Formex buys three new metal presses

Formex buys three new metal presses

Formex Industries has invested R70-million in three new metal presses that will expand its operations and output. The new presses, built by Yadon Press in China, will be used to manufacture stainless steel and mild steel components for the automotive industry. The...
NAAMSA predicts 1% growth in new vehicle sales

NAAMSA predicts 1% growth in new vehicle sales

The National Association of Automobile Manufacturers of South Africa (NAAMSA) predicts a marginal increase in the sale of new vehicles for 2019. The association projects a one percent growth, provided South Africa is not downgraded and the gross domestic product (GDP)...
Truck sales start with a bang in 2019

Truck sales start with a bang in 2019

The commercial vehicle market has had a strong start in 2019. Truck sales are up by 7.3% compared to January 2018, with over 1600 commercial vehicles and lorries being sold. These statistics were released by the National Association of Automobile Manufacturers of...
What determines the value of your car?

What determines the value of your car?

When it comes to selling a car, everyone wants the best price possible. Offers to purchase can often differ by about five to eight thousand rands. There are numerous factors that determine the value of a car and no two vehicles are alike. You could have 10 vehicles of...
Formex injecting R70-million into operations

Formex injecting R70-million into operations

Formex Industries will boost its production capacity by investing R70-million in the upcoming financial year. The company is also investing heavily in job creation in the Nelson Mandela Bay area. Formex’s competitive pricing has made it a key player in the local and...
Formex attending the NAACAM Show

Formex attending the NAACAM Show

Formex Industries will be participating in the 2019 National Association of Automotive Component and Allied Manufacturers (NAACAM) Show. The event will take place at the Durban International Convention Centre from 12 to 14 March this year. The NAACAM Show is the...
George Old Car Show brings vintage beauty to the coast

George Old Car Show brings vintage beauty to the coast

The 23rd annual George Old Car Show rumbles into the Western Cape from 9 to 10 February 2019. The vintage car show will feature an array of classics and some of the earliest motors in the country. It will take place at PW Botha College on York Street. The focus of...
South Africa’s manufacturing output increasing

South Africa’s manufacturing output increasing

South Africa’s manufacturing output has reached its highest level since October 2016. This is a good sign that the country is slowly recovering from early-2018’s recession. Other industries showing positive growth are agriculture and retail. Statistics show that...