Latest News
Toyota SA invests R4.2b in automotive industry
Toyota South Africa recently confirmed that it has invested a total of R4.2-billion in the local automotive sector since 2019. The announcement was made by Toyota South Africa CEO Andrew Kirby at the third State of the Motor Industry (SOMI) in Kyalami. This latest...
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2022 SA Car of the Year finalists
The South African Guild of Mobility Journalists (SAGMJ) recently confirmed their pics for the top 25 South African Car of the Year finalists for 2022. SAGMJ has run this competition every year since 1986 and we’re happy to see many of the vehicles produced by our...
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Formex manufactures pipes and tubes for various industries
Formex Industries is not only a leading manufacturer of automotive components and welded assemblies, but we also produce pipes and tubes for various industries. Many of these tubular products are used on vehicles, as exhaust-related components, but Formex Tubing is...
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Mercedes-Benz will launch five EVs in SA during 2022
Mercedes-Benz recently announced that it will launch five new electric vehicles (EVs) to the South African market in 2022. This, along with the launch of the Mercedes-EQ brand, spells a busy year for the German automaker and Formex Industries customer. The automotive...
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Ford invests R600m in Gqeberha engine plant
Ford recently confirmed a R600-million investment in its Struandale engine plant in Gqeberha. This injection will support the launch of the all-new three-litre V6 turbodiesel engines, as well as upgrades to the assembly line for the two-litre turbo and two-litre...
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Suzuki have record year during 2021
Suzuki recorded a 67% increase in vehicle sales during 2021 after it sold 27 583 new cars. This marks the highest sales record for the Japanese manufacturer and Formex Industries customer. Suzuki is an indirect client of ours; the automotive components that we...
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Formex supports the AITF investment fund
Formex is a leading manufacturer and supplier of automotive components, such as pressed or tubular parts and welded assemblies. We are based in the Nelson Mandela Bay Metropolitan area, which is a key zone in the country’s automotive industry thanks to its location...
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Government contributes R2.5b to TASEZ development
The development of the Tshwane Automotive Special Economic Zone (TASEZ) has been supported by a R2.5-billion investment by the South African government. TASEZ, branded as South Africa’s first automotive city, is considered a forerunner in South Africa’s growing...
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Toyota to launch 30 new EVs by 2030
Working towards a more sustainable future, the Toyota Motor Corporation has published its electric vehicle (EV) strategy for the coming years. The goal is to launch 30 new EVs by 2030, including pickup trucks, SUVs and sports cars. A whole new generation of cleaner...
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Will intelligent systems become the main manufacturing business model?
Automotive manufacturing, like most other industries, is becoming highly autonomous. Intelligent systems are increasingly being used to increase output with a greater degree of accuracy. What makes these intelligent systems so “intelligent” is that they have the...
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How the African car market can reach five million units a year
Car manufacturing in Africa is mainly concentrated in South Africa but in recent years, Morocco has become a favourable destination for European carmakers. Egypt is the third African automotive manufacturing hub in terms of its production capabilities. These three...
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Formex Vision with Action plan
“If everyone is moving forward together, then success takes care of itself.” ~ Henry Ford. Formex has been a leading manufacturer in the automotive components industry for decades. Our staff are highly trained and skilled in their respective fields, which contributes...
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