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Formex Industries pays tribute to Mandela Day

The 18th of July marks International Nelson Mandela Day - a day that honours the former South African president and humanitarian icon. People around the world devote 67 minutes of their time (or as long as they can afford) to helping out communities and a variety of...

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Volvo teams up with Uber to produce self-driving vehicles

Swedish car manufacturer, Volvo, has teamed up with Uber to develop a production car that is capable of driving itself. Volvo and Uber signed an engineering agreement in 2016 and have produced several prototypes of self-driving vehicles to date. Volvo is an indirect...

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Tips to make your insurance repair claims easier

When you have an accident or your car breaks down, the last thing you want to deal with is complicated insurance claim processes that consume all of your time. These processes can be stressful and frustrating, but with a bit of organisation and preparation, you can...

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Keeping children safe in cars

The Motor Industry Workshop Association (MIWA) has called on parents to ensure their children’s safety in vehicles. Babies and toddlers are always strapped into car seats, but older children are given a lot more leeway when it comes to buckling up. Some parents don’t...

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How to avoid a car sale scam

The task of buying a new car can be a complicated and tricky process. First, you need to decide what vehicle to buy from a range of manufacturers and models. This, in itself, can be a hard decision. Next, you need to find the right seller. Do you buy from the dealer...

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Local vehicle production growing steadily

Despite a slightly sluggish sales market in South Africa, the vehicle manufacturing industry is expected to grow by just over six percent in 2019. The National Association of Automobile Manufacturers of South Africa (NAAMSA) estimates that 648 000 new vehicles will be...

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South African vehicle export rate increases by 54%

The South African economy may have suffered a downturn in the first quarter of 2019, but the vehicle export market shows considerable growth. The National Association of Automobile Manufacturers of South Africa (Naamsa) released a statement that says that vehicle...

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Festival of Motoring dates announced for August

The fourth annual Festival of Motoring returns to the Kyalami Grand Prix Circuit in August. Organisers have confirmed the dates and petrolheads should mark their calendars - The Festival of Motoring will run from Thursday, 22 to Sunday, 25 August 2019. The festival...

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Durban Car Terminal breaks record

Durban Car Terminal has officially broken the South African record and earned the title of the busiest car port in the country. The seaside facility successfully handled over 500 000 fully-built vehicles in the 2018/19 financial year. There are several factors that...

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What affects your car insurance premiums?

Everyone pays a different monthly insurance premium for their vehicles. Insurance companies have advanced algorithms that determine how much a driver must pay to keep their cars insured. These algorithms use a variety of data and statistics to calculate the risks...

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Formex in the news: Eastern Cape Industrial & Business

Formex was recently highlighted in the local news. The Eastern Cape Industrial & Business newspaper published a story that highlights Formex’s growth and contributions to the local automotive industry. “Armed with a R70-million investment war chest and strong...

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