FICA Essentials webinar for high-value goods dealers

Dear NADA Member, As a dealer of high-value goods – defined as any goods valued at R100,000 or more – your dealership is classified as an accountable institution under the Financial Intelligence Centre Act (FICA). This classification requires you to comply with...

Much needed growth in July’s new vehicle sales

01 August 2024: New vehicle sales received a long-awaited injection of positivity in July, showing growth effectively for the first time in nearly a year. According to data released by naamsa | the Automotive Business Council, the South African new vehicle market...

July sees positive turn in monthly retail new vehicle sales

SOUTH AFRICA, Johannesburg, 01 August 2024 – “Finally, in July, we witnessed a positive shift in monthly retail new vehicle sales,” commented Brandon Cohen, National Chairperson of the National Automobile Dealers Association (NADA),...