Sun, 26 Jun 2022
22.7 C
Durban

Asian imports boost Durban Car Terminal performance

Home Transport & Logistics Exports & Imports Asian imports boost Durban Car Terminal performance

ENTRY-level cars imported from Asia have increased the Durban Car Terminal’s monthly targets by 34% at the end of March.

That’s according to Acting Managing Executive at the Durban Terminals Kwazi Mabaso, who said the growing popularity of makes such as Suzuki, Haval and Hyundai in South Africa has contributed to the gradual automotive recovery following the delays and impact of COVID-19.

“When compared to last year this time, transshipment volumes have also spiked as the appetite for second-hand cars within South Africa and neighbouring countries continues to grow,” Mabaso said, adding the the terminal’s transshipments had grown 55% year on year as at the end of March.

The National Association of Automotive Manufacturers of South Africa (NAAMSA) had predicted a three-year recovery for the industry, with the 2021/2022 financial year marking the first year.

Mabaso said conditions were still unfavourable however, increasing volumes were building up stock levels on dealership floors.

“Our main focus is always to ensure that there are no resource delays and for us to avoid stack availability issues at all costs – and we are doing just that as we anticipate growing volumes.”

New makes, models and customers are expected towards the end of the calendar year and will further boost the automotive industry recovery in South Africa, Mabaso said.

Most Popular

The rollercoaster and exhilaration of being a demolition specialist

TODAY is International Women in Engineering Day. To celebrate, Jet Demolition contracts and project manager Kate Bester highlights what it's like being in close...

Financial reports won’t save local government crisis, warns town and regional planners

By Burgert Gildenhuys: Director, BC Gildenhuys & Associates IT is unclear whether South Africa has the will or guts to confront issues contributing to the...

N3 truck blockade: It’s ‘economic sabotage’, say ministers and business

ANOTHER truck blockade saw Van Reenen's Pass on the N3, the country's main domestic trade route, being closed on Thursday 16 June. This protest...

Factory of the Year competition returns as economy bounces back

FOLLOWING a challenging two years in the manufacturing sector, Kearney, a leading management consulting firm, is excited to announce the return of the Factory...