This Week In The News

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Did You know?

  1. The amount Ferrari makes from selling T-shirts, hats, jewelry, and the like is in and around €30-40 million (R609-812 million) per year, less than 1.4% of its total revenue.
  2. The average car is made up of almost 30 000 parts.
  3. 75% of all cars produced by Rolls Royce are still on the road
  4. The highest total mileage clocked by a single car is 2,850,000 million miles (4,560,000 km )
  5. The worlds first automobile race was In 1895 with A winning speed of 15 mph
  6. This first cruise control mechanism was called a "Speedostat." Designed by a blind person.
  7. The car radio was first introduced in 1922 by Chevrolet
  8. The best-selling car of all time is the Toyota Corolla
  9. There are about 22.7 kilograms of copper wiring in the average car ( Don’t spread the word )
  10. 95% of a car's lifetime is spent parked 

Bakkie of the Year revealed 

South Africa has just concluded its first-ever Bakkie of the Year competition, which was held at the recent Nampo Cape exhibition in Bredasdorp in the Western Cape.

The winners of the three different power categories for the inaugural South African Bakkie of the Year competition were as follows: 
100-120kW – GWM P-Series 2.0TD LTD 4×4 AT 
121-150kW – Nissan Navara 2.5 DDTI Pro-4X 4×4 AT 
151-190kW – VW Amarok PanAmericana 3.0 V6 TDI 4Motion 

Automotive Abbreviations and Acronyms 

The automotive industry loves automotive abbreviations and acronyms almost as much as the military and teens on social media. Here are some of the lesser known. 

  1. ACC- Adaptive Cruise Control,
  2. AEB- Adaptive Emergency Braking.
  3. AEV- All-electric vehicle
  4. BEV- Battery Electric Vehicle
  5. CVT- Continuously Variable Transmission.
  6. EBD- Electronic Brake Distribution.
  7. LSD- Limited Slip Differential. ( Bet you were wrong on this one )
  8. PCV- Positive Crankcase Ventilation.
  9. PHEV- Plug-in Hybrid Electric Vehicle
  10. SRS- Supplemental Restraint System. ( The airbag system.)
  11. ULEV- Ultra-Low Emissions Vehicle 

Yet CAR stands for Corrective Action Request, but MC stands for Motor Car.

There are over 3,000 acronyms covering the automotive industry 
IMHO we should get a dictionary. LOL 

2023 South African Automotive Consumer Study 

What consumer trends and disruptive technologies will have the most impact on the automotive industry in the coming year? For more than a decade, Deloitte has published data and insights in our Global Automotive Consumer

Key takeaways from the 2023 study: 

Future vehicle purchasing intentions 
Nearly 9 in 10 owners who acquired their current vehicle new intend to buy a new vehicle again while almost half of consumers who acquired their vehicle used said the same. 
Reasons for buying a new car : 
  • Reliability
  • Warranty
  • Technology 
Reasons for buying a used car. 
  • Affordability
  • Value
  • Options
New energy & sustainability  
The needle is moving toward an electric mobility future, but are we moving fast enough to achieve the ambitious goals that have been set for global carbon emissions reduction? 
Vehicle brand and service experience  
Consumer trust is split between the dealer (selling or servicing) and the manufacturer, signaling the importance each stakeholder has in the customer relationship. 
Connectivity & subscriptions  
Consumers are ready to share their personally identifiable information if it helps them with maintenance updates, traffic/road safety updates, and suggestions for alternate routes