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How Millennials Are Changing the Transportation Industry

How Millennials Are Changing the Transportation Industry

Millennials have been praised, questioned, and outrightly scolded for the ways they’ve impacted society. Born between the early 1980’s and the early 2000’s, millennials differ vastly from their parents, especially in their decisions regarding transportation. So, what does this hold in store for the automotive industry in South Africa?

Millennials tend to value practicality and efficiency over luxury. They are moving away from the idea that a car is a status symbol. More young professionals are making use of public or shared transportation to get from A to B in the quickest, easiest and most affordable way possible. Because of this, they also tend to be more open to new brands. If a brand can offer them a vehicle that aligns with their safety, comfort and financial needs, they might be willing to try it.

Unlike their Baby Boomer parents, millennials [...]

Buying a vehicle? What you need to know about financing. When buying a vehicle, whether brand-new or used, your chances of needing financial support from a financial institution are big.
The most common method to pay for vehicles in South Africa is through monthly instalments. That means your vehicle is financed through a vehicle credit provider like, a bank, and you
pay the monthly instalment directly to that bank.

It is possible to make use of the vehicle brand’s own financial option through the dealership – for example: you buy a BMW and they offer you a finance structure plan at the dealership through
BMW Finance.

Read more..

Male Driver Making Phone Call After Traffic Accident

It’s a known fact that when in shock, people don’t necessarily act in a natural way. It’s totally understandable because factors like adrenalin, fear and pain can cause even the most stable person to act uncharacteristically. That’s why it’s crucial to know what to remember in an accident so that you are prepared, if the situation arises.

Here are some tips on what to do when you’re in an accident:

Injuries
Make sure you, and the other people involved in the accident, are safe. Phone the police and an ambulance if someone might seem to have serious injuries. Do not move someone if they are incapable of moving themselves, while you might mean well it could cause further injuries. Rather wait for the paramedics to assist.

Safety
If your car is obstructing traffic and still able to be driven, it should be moved out of the way. If you’re unable to move the [...]

How-to-choose-a-reputable-service-provider-when-your-car-has-to-be-serviced

How-to-choose-a-reputable-service-provider-when-your-car-has-to-be-serviced

Servicing your car at the manufacturer’s suggested intervals isn’t only important, it’s vital to keep your car going for longer without costing you more.

We all know that car services and parts are often a costly affair and that there are numerous stories of people who have fallen victim to dishonest technicians or workshops. Here are some tips to assist you when choosing a reputable service provider so that you get the best out of your car service:

  • Do your research – when looking for a workshop, ask around and do a search on the internet. You are sure to get opinions from different people that will help you in your decision-making process. There are reputable bodies or associations that workshops can become members of. This ensures that their work is up to a certain level.
  • More than one quote – once you have decided on [...]
What-to-do-when-your-car-breaks-down-on-the-highway

What-to-do-when-your-car-breaks-down-on-the-highway

Your car is suddenly not able to drive anymore and is slowing down. You’re on the highway with cars driving past you at very high speeds. What do you do?

  • First of all, try to get yourself out of harm’s way. If you notice any trouble, steer your car towards the far-left hand side of the highway. If there’s enough space next to the yellow line, try to bring your car to a standstill in that area.
  • Make sure you’re visible to other cars by switching your hazards on. If it’s dark, switch on your car’s interior light as well.
  • If it’s safe to get out of your car, place your red reflecting triangle about 200 metres from your car so that you can be visible for oncoming traffic.
  • Look around you to see if there are any visible landmarks or signs that could make it [...]

The used motor industry was once known for its loops and holes, and how dealerships were able to protect themselves rather than the buyer. Since the implementation of the Consumer Protection Act back in 2008, things have changed for the better.

Buyers are now able to get a clear view of what they’re buying, if the price is reasonable and what they can expect from the dealership afterwards is stipulated.

There are eight points outlined by the Act relating to the rights you have as a buyer when buying a used car:

  1. Disclosure

It is the dealer’s responsibility to disclose any known faults in the vehicle. He should also list what he has done to the vehicle in terms of reconditioning. The dealer has to inform you, based on his his experience and knowledge, to make a judgement call on the condition of the car. While it’s not expected that a dealer should [...]

Dodge Charger, F-250 popular with car theives

Auto thefts decline because of technology, but statistics conflict

img-2Global sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz as demand from China and the United States helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.

Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.

Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively.

“BMW has stronger momentum than Audi and Mercedes, that won’t change in the second half,” said Hanover-based NordLB analyst Frank Schwope. “Design of their cars has improved and they’re ahead [...]

img-3Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.

The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.

Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.

“It’s a coming of age, recognition that a [...]

img-4The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.

Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set of [...]

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