KIA Motors South Africa has four launches planned for later in 2020, including a new compact SUV. Here's what to expect as the economy opens up. IOLMotoring
Johannesburg - As we sit and bite our fingernails waiting for South Africa's new car sales figures for the month of May 2020, which is expected to be the worst in the history of the local new car market according to several industry insiders, the cogs are slowly starting to turn for OEMs and importers.
"Prior to the Covid-19 outbreak and subsequent lockdowns, we had elaborate new product plans for 2020. While the plans have not changed in terms of models, the timings of the introductions have. As things stand now, we anticipate introducing the diesel-powered KIA Seltos derivatives in Q3 of 2020, followed by refreshed versions of the KIA Picanto and KIA Rio in Q4," says KIA SA's general manager for marketing, Christo Valentyn.
Valentyn explains that all of Kia's new models, and especially those that are still in the planned introduction phase, have been affected by the significant deterioration of the rand. "We anticipate price increases across the entire industry – there really is no way around it.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LIVESTREAM: Limpopo welcomes Cuban healthcare workersThe doctors were part of a group that arrived in South Africa last month.
Read more »
WATCH: Rand trades firmer as thawing risk sentiment plays in its favourGet the latest market update and top stories from our newsrooms across South Africa, Africa and the world. busrep
Read more »
WATCH | This is the fastest Ford Focus ST in South AfricaPatrick is a full-blooded Ford fan with a collection of rare RS models but his 520kW Focus ST is the holy grail of performance nirvana.
Read more »
WATCH: Chamisa's plea to South AfricaJoana Mamombe, Cecilia Chimbiri and Netsai Marova were allegedly kidnapped at a roadblock in Harare.
Read more »
Gordon Ramsay kicks off 'Uncharted' season 2 in South AfricaGordon Ramsay laces his boots, grabs his knives and buckles up as he hits the road again in the second season of 'Gordon Ramsay: Uncharted'.
Read more »
Car makers face a tough yearThe lockdown and further ratings downgrades have dealt body blows to SA’s automotive industry. Naamsa says that local vehicle sales could decline by between 18% and 20%, while some industry sources have suggested the figure could be as high as 40%
Read more »