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FAW aims for milestone production in 2019

FAW Vehicle Manufacturers South Africa (FAW SA) is aiming for a milestone production run in 2019. The company is looking to manufacture 1200 trucks at its Coega assembly plant in the Eastern Cape. In 2018, FAW produced 1153 units, so this year’s target is 847 vehicles...

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Insights from AutoTrader’s latest Car Industry Report

The latest AutoTrader vehicle report has been released, revealing brand new insights into South Africa’s automotive industry. The Car Industry Report is the culmination of extensive data gathering and database analyses that shed light on the current state of the...

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Volkswagen South Africa to launch EVs in 2021

Volkswagen Group South Africa (VWSA) is planning to launch its first fully electric vehicle (EV) to the local market in 2021. The group is currently in talks with the German head office to bring the VW ID.3 EVs to South Africa after their European launch in 2020. The...

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Jaguar and Land Rover to manufacture electric vehicles

Jaguar Land Rover has announced its plans to produce a range of electric vehicles for both vehicle brands. Both Land Rover and Jaguar will offer customers electrified options for its models from 2020 onwards. Jaguar Land Rover is an indirect customer of Formex...

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Mid-year wrap: new vehicle sales down, exports up

We are passed half-way through 2019 and it has been an interesting year for the automotive sector. From the start of the year, new vehicle sales have struggled to get off the ground but the export market has seen considerable growth. Total sales of new vehicles in...

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Formex Industries product range

Formex Industries in a metal forming and assembly company that produces automotive components for vehicle manufacturers. Our customers include South African vehicle producers and international 1st Tier suppliers that sell our products to other car brands. Formex is...

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