Who Owns Whom
Request Free Trial Showcase Your Company WOWEB Login
Home > Report Group > Fleet Management South Africa
  • Cart
  • Checkout

    • fleet management industry south africa

    The Fleet Management Industry in South Africa 2022

    Michael Felton | South Africa | 11 August 2022

    The Fleet Management Industry in South Africa 2020

    Louise Mitchell | South Africa | 21 July 2020

    The Fleet Management Industry in South Africa 2018

    Louise Mitchell | South Africa | 21 February 2018

    The Fleet Management Industry in South Africa 2015

    Kim Imrie | South Africa | 01 December 2015

    Report Info

    Report Summary Table of Contents
    Enquire about this report

    Report Coverage

    This report focuses on fleet management in South Africa, and includes comprehensive information on the state of the industry, notable players, developments such as technological advancements and the growing ecommerce sector, corporate actions and information on the state of the vehicle industry, on which the fleet management industry depends. There are profiles of 43 companies including the major players Cartrack, MiX Telematics, Tracker, Netstar and Ctrack, state-owned companies operating in the sector such as g-FleeT Management and Transnet, and private companies such as Motus, Super Group, OneLogix, Value Logistics and WesBank.

    Introduction

    • Fleet management is becoming increasingly important for organisations in a world of changing mobility.\r\n
    • Fleet management has developed into a multi-billion-rand industry in South Africa in recent years, and growth looks set to continue. \r\n
    • South Africa has a relatively mature fleet management market and the penetration rate is relatively high. \r\n
    • A notable share of installed fleet management systems is represented by comparably low-end tracking systems, such as stolen vehicle tracking devices with extended basic fleet management features.\r\n
    • South Africa has a very competitive market, with JSE-listed companies, private companies and fleet management divisions of commercial banks competing for market share. \r\n
    • The industry is largely dominated by five key players, with broad vehicle telematic portfolios, that together represent 70% of the market. \r\n
    • In recent years several international commercial vehicle original equipment manufacturers have entered the market or substantially expanded their fleet management operations.

    Strengths

    • Formation of partnerships with different participants in the value chain to improve efficiencies
    • Highly diverse range of customers from large to small fleets and consumers.
    • Large global presence of the main South African players.
    • of technologies
    • Scalable, intuitive and web-based technology platforms.
    • Solutions adaptable to multiple customer segments.
    • Substantial advances and innovations in capabilities, reliability and affordability
    • Well-established local automotive industry and market is providing choice to fleet managers and owners.

    Weaknesses

    • Dependence on key suppliers and vendors to manufacture hardware.
    • Dependence on third-party technology and licences.
    • Disruption in service on, or security breaches of, websites or computer systems
    • Fleet management is not a dedicated operational activity in most companies.
    • Highly competitive and highly fragmented market.
    • Inability to adapt to rapid technological change.
    • Legacy fleet management technology provides limited functionality.
    • Limited protection of intellectual property rights.
    • Loss of key technical personnel.
    • Technical skills shortages.
    • Variety of motivations influencing existing and potential customers

    Opportunities

    • Automotive market conditions and the evolving nature of the automotive industry towards autonomous vehicles.
    • Broadening customer segment focus.
    • Consolidation of global system providers.
    • Expanding geographic presence.
    • Introducing new and innovative solutions to address market demand.
    • Large and under-penetrated market for non-commercial passenger vehicles.
    • Potential market for commercial fleet management solutions is large, growing and under-penetrated.
    • Pursuing strategic acquisitions and partnerships to improve efficiencies and profitability
    • Significant advances in networks, computing power and data storage capabilities, supporting cloud computing, will result in a more efficient delivery of SaaS products and services.
    • Technological advances and market shifts foster demand for subscription-based fleet and mobile asset management solutions.

    Threats

    • Dependence on cellular network providers for the transmission of data.
    • Disruption of various supply chains would impact supply of hardware and services and production capacity.
    • Disruptions caused by global geopolitical events, local civil unrest, local labour disputes and natural disasters.
    • Economic, social, political and other conditions and developments in South Africa and globally.
    • Failure of fleet management businesses to adopt fleet management solutions.
    • Failure to attract, train and retain highly qualified personnel.
    • Government green transport strategy.
    • Increasingly competitive and highly regulated environment.
    • Industry consolidation may result in increased competition.
    • Rising operating costs.
    • The effects of a pandemic or widespread outbreak of an illness.

    Outlook

    • The fleet management industry in South Africa is expected to grow strongly. \r\n
    • There have been substantial advances in the capabilities, reliability and affordability of vehicle data technologies.\r\n
    • There is increasing demand for subscription-based fleet and mobile asset management solutions. \r\n
    • Global and multinational companies are increasingly looking to consolidate their fleet management systems by moving to providers that have global reach.\r\n
    • The addressable market in South Africa is large, growing and underpenetrated, both in commercial fleet vehicles and non-commercial passenger vehicles, and the rate of consumer adoption of mobile asset management solutions is growing rapidly.

    Read More..
    The Fleet Management Industry in South Africa
    The Fleet Management Industry in South Africa 2022

    Full Report

    R 6 500.00(ZAR) estimated $358.97 (USD)*

    Buy Now +

    Industry Landscape

    R 4 550.00(ZAR) estimated $ 251.28 (USD)*

    Buy Now +

    Historical Reports

    The Fleet Management Industry in South Africa 2020-07-21

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2018-02-21

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2015-12-01

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 4
    2.2. Geographic Position 7
    2.3. Size of the Industry 8
    2.4. Key Success Factors and Pain Points 9
    3. LOCAL 10
    3.1. State of the Industry 10
    3.2. Key Trends 22
    3.3. Notable Players 27
    3.4. Corporate Actions 31
    3.5. Regulations 32
    3.6. Enterprise Development and Social Economic Development 35
    4. AFRICA 37
    5. INTERNATIONAL 40
    6. INFLUENCING FACTORS 44
    6.1. COVID-19 44
    6.2. Russia-Ukraine War 44
    6.3. July 2021 Civil Unrest in KwaZulu-Natal and Gauteng 44
    6.4. Economic Environment 45
    6.5. Labour 46
    6.6. Environmental Issues 48
    6.7. Technology, Research and Development (R&D) and Innovation 50
    6.8. Government Support 51
    6.9. Input Costs 51
    7. COMPETITIVE ENVIRONMENT 55
    7.1. Competition 55
    7.2. Ownership Structure of the Industry 56
    7.3. Barriers to Entry 57
    8. SWOT ANALYSIS 58
    9. OUTLOOK 59
    10. INDUSTRY ASSOCIATIONS 60
    11. REFERENCES 64
    11.1. Publications 64
    11.2. Websites 67
    APPENDIX 1 70
    Summary of Notable Players 70
    COMPANY PROFILES 85
    58Fleet (Pty) Ltd 85
    Absa Vehicle Management Solutions (Pty) Ltd 87
    ADN Fleet Management (Pty) Ltd 89
    AfriRent (Pty) Ltd 91
    Amasondo Fleet Services (Pty) Ltd 93
    Ariva Rentals (Pty) Ltd 95
    Bidvest Bank Ltd 97
    Carrus Information Technology (Pty) Ltd 101
    Cartrack Holdings (Pty) Ltd 103
    Cream Magenta 326 (Pty) Ltd 106
    Ctrack Holdings (Pty) Ltd 108
    Dikala Group (Pty) Ltd 110
    DPD Laser Express Logistics (Pty) Ltd 112
    DSV South Africa (Pty) Ltd 115
    Eldo Coaches (Pty) Ltd 119
    enX Corporation Ltd 121
    First National Bank (Division of FirstRand Bank Ltd) 123
    Fleet Horizon Solutions (Pty) Ltd 126
    FML (Division of Isipho Capital Holdings (Pty) Ltd) 127
    g-FleeT Management (Division of Gauteng Department of Roads and Transport) 129
    Intercape Ferreira Mainliner (Pty) Ltd 131
    LiquidCapital (Pty) Ltd 134
    Macrocomm Group (Pty) Ltd 136
    Merchant West (Pty) Ltd 138
    MiX Telematics Africa (Pty) Ltd 140
    Moipone Group Fleet (Pty) Ltd 143
    Motus Holdings Ltd 144
    NedFleet (Division of Nedbank Ltd) 149
    Netstar (Pty) Ltd 150
    OneLogix Group Ltd 153
    Pace Car Rental (Pty) Ltd 157
    SA Motor Lease (Pty) Ltd 159
    Stannic Fleet Management (Division of Standard Bank Group Ltd) 160
    Super Group Africa (Pty) Ltd 162
    Talis Fleet (Pty) Ltd 164
    Tracker Technology Africa and Middle East (Pty) Ltd 166
    Transnet SOC Ltd 167
    Value Logistics (Pty) Ltd 172
    Vincemus Investments (Pty) Ltd 177
    Volkswagen Financial Services South Africa (Pty) Ltd 182
    Vuswa Fleet Services (Pty) Ltd 184
    WesBank (Division of FirstRand Bank Ltd) 186
    Zeda Car Leasing (Pty) Ltd 188

    Report Coverage

    This report on Fleet Management includes information on the size and state of the sector and major influencing factors including the effects of coronavirus, economic factors and corporate actions and developments. There are comprehensive profiles of 34 companies including players in the banking sector such as Absa Vehicle Management Solutions, Bidvest Bank and First National Bank’s FNB Fleet Services, privately-owned and JSE-listed players including Eqstra (enX) and Fleet Africa (Super Group), Motus Corporation, Dikala Group and telematics players such as Cartrack, MiX Telematics, Ctrack and Netstar.

    Introduction

    According to the National Association of Automobile Manufacturers of South Africa (Naamsa), fleet sales accounted for 2.9% (377 vehicles) of total sales of just under 13,000 vehicles in May 2020, reflecting the impact of the lockdown on car sales. In June 2020, when car sales were allowed to resume, fleet sales increased to 3.7% (1,179 vehicles) of total sales of 31,867 vehicles. \r\n\r\nPrivately owned, JSE-listed players and the fleet management divisions of the major commercial banks compete for market share in a market where the major customer segments, namely car rentals, government, companies and couriers, have been severely affected by coronavirus. Weak economic growth that was exacerbated by the lockdown may result in a reduction in fleets. Demand for courier services increased when e-commerce resumed in June 2020, but not all couriers have their own fleets.

    Strengths

    • An established local passenger car market is providing choice to fleet managers and owners.
    • Banks are adequately capitalised to provide loans to fleets.
    • Formation of partnerships with different players in the value chain to improve efficiencies.
    • Technological innovations are driving improved efficiencies in the sector.
    • The industry is well-supported by innovative technology and products for fleet management and crime prevention.

    Weaknesses

    • Fleet management is not a dedicated operational activity in most companies.
    • The industry is vulnerable to price fluctuations of new and used vehicles.
    • Weak economic conditions in sub-Saharan Africa affect performance.

    Opportunities

    • Partnerships with telematics service providers to increase competitiveness.
    • The continuing trend by large companies to outsource the management of their fleet.
    • The provision of consulting services in fleet management to existing and potential customers provides an opportunity to expand the business.

    Threats

    • Low economic growth.
    • Rising operating costs are lowering profit margins.
    • Vehicle theft and hijackings are adding to costs like insurance.

    Outlook

    The sector faces challenges created by reductions in fleet sizes driven by customers’ closures in a weak economic environment, and reduced demand if employees continue to work from home. The focus of fleet owners on fuel efficiency and low cost of ownership is expected to strengthen the adoption of telematics in vehicles. Commentators said the private sector will need to put pressure on government to provide infrastructure so that more electric cars can be produced in order to comply with lower carbon emissions targets.

    Read More..
    The Fleet Management Industry in South Africa
    The Fleet Management Industry in South Africa 2020

    Full Report

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    Buy Now +

    Industry Landscape

    R 1 330.00(ZAR) estimated $ 73.45 (USD)*

    Buy Now +

    Historical Reports

    The Fleet Management Industry in South Africa 2022-08-11

    R 6 500.00(ZAR) estimated $358.97 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2018-02-21

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2015-12-01

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 4
    2.2. Geographic Position 5
    3. SIZE OF THE INDUSTRY 5
    4. STATE OF THE INDUSTRY 7
    4.1. Local 7
    4.1.1. Corporate Actions 8
    4.1.2. Regulations 8
    4.1.3. Enterprise Development and Social Economic Development 9
    4.2. Continental 10
    4.3. International 11
    5. INFLUENCING FACTORS 14
    5.1. Economic Environment 14
    5.2. Rising Operating Costs 14
    5.3. Technology, Research & Development (R&D) and Innovation 15
    5.4. Labour 16
    5.5. Cyclicality 17
    5.6. Environmental Concerns 18
    5.7. Crime and Road Safety 20
    6. COMPETITION 21
    6.1. Barriers to Entry 22
    7. SWOT ANALYSIS 23
    8. OUTLOOK 23
    9. INDUSTRY ASSOCIATIONS 24
    10. REFERENCES 25
    10.1. Publications 25
    10.2. Websites 25
    APPENDIX 1 27
    Summary of Notable Players 27
    COMPANY PROFILES 37
    58FLEET (PTY) LTD 37
    ABSA VEHICLE MANAGEMENT SOLUTIONS (PTY) LTD 39
    AFRIRENT (PTY) LTD 41
    AMASONDO FLEET SERVICES (PTY) LTD 43
    ARIVA RENTALS (PTY) LTD 45
    BIDVEST BANK LTD 47
    CARRUS INFORMATION TECHNOLOGY (PTY) LTD 52
    CARTRACK HOLDINGS LTD 54
    CTRACK HOLDINGS (PTY) LTD 57
    DIKALA GROUP (PTY) LTD 59
    ENX CORPORATION LTD 61
    FIRST NATIONAL BANK (DIVISION OF FIRSTRAND BANK LTD) 63
    FLEET HORIZON SOLUTIONS (PTY) LTD 65
    FML (DIVISION OF ISIPHO CAPITAL HOLDINGS (PTY) LTD) 66
    G-FLEET MANAGEMENT (DIVISION OF GAUTENG DEPARTMENT OF ROADS AND TRANSPORT) 68
    KHULA FLEET MANAGEMENT (PTY) LTD 70
    KWELAA FLEET MANAGEMENT CC 71
    LIQUIDCAPITAL (PTY) LTD 73
    MERCHANT WEST (PTY) LTD 75
    MIX TELEMATICS AFRICA (PTY) LTD 77
    MOIPONE GROUP FLEET (PTY) LTD 79
    MOTUS HOLDINGS LTD 80
    NEDFLEET (DIVISION OF NEDBANK LTD) 84
    NETSTAR (PTY) LTD 85
    PACE CAR RENTAL (PTY) LTD 88
    STANNIC FLEET MANAGEMENT (DIVISION OF STANDARD BANK GROUP LTD) 89
    SUPER GROUP AFRICA (PTY) LTD 91
    TALIS FLEET (PTY) LTD 93
    TRACKER TECHNOLOGY AFRICA AND MIDDLE EAST (PTY) LTD 95
    VINCEMUS INVESTMENTS (PTY) LTD 96
    VOLKSWAGEN FINANCIAL SERVICES SOUTH AFRICA (PTY) LTD 101
    VUSWA FLEET SERVICES (PTY) LTD 103
    WESBANK (DIVISION OF FIRSTRAND BANK LTD) 105
    ZEDA CAR LEASING (PTY) LTD 107

    Report Coverage

    The Fleet Management report discusses current conditions including the increasing importance of technology and the use of telematics to improve the overall service provided by companies in the sector. Corporate actions, opportunities for SMMEs and factors influencing the success of the sector are discussed. Profiles for 28 role players are provided. These include new entrants such as 58Fleet (Pty) Ltd, which was launched in 2017 following a partnership between Imperial group’s Motus Corporation and Southern Palace group. The company is 51% black-owned and offers full maintenance leases, managed maintenance, operating rentals, sale-and-leaseback and short-term rentals. Also profiled are other B-BBEE companies supported by some of the major players in the sector, including Africa Best Fleet Solutions and Mozi Fleet, supported by Fleet Africa, Vuswa Fleet Services supported by Avis Fleet, and Amasondo Fleet Services supported by Eqstra Fleet Management.

    Introduction

    The report on fleet management covers the management of corporate and government fleets, with a focus on passenger cars. In this growing sector, which comprises 11% of the entire vehicle population of about 11.3 million vehicles, there are more than 40 fleet management companies competing for contracts from national and local government and the corporate sector. Broad-based Black Economic Empowerment (B-BBEE) requirements are a driver for new entrants. According to the Transport Education and Training Authority (TETA) the automotive trade industry, which includes the fleet management sector, provides employment to 6% of the working labour force of South Africa.

    Strengths

    • An established local passenger car market is providing choice to fleets.
    • An integrated fleet management model has emerged which is not based on holding assets and reduces risk.
    • Liquid banks can provide loans to fleets.
    • Technological innovations are driving improved efficiencies in the sector.
    • The industry is well-supported by innovative technology and products for fleet management and crime prevention.
    • Well-established companies provide support for fleet management SMMEs and local suppliers.

    Weaknesses

    • Customers are not fully utilising the features of telematics products in order to experience cost benefits.
    • Fleet management is not a dedicated operational activity in most companies.
    • Sector is governed by complex new regulations such as AARTO, B-BBEE requirements, tyre levies and toll fees.
    • Susceptibility to rising input costs and the industry is vulnerable to price fluctuations of new and used vehicles.

    Opportunities

    • Expansion into Africa as there is little competition.
    • Partnerships with telematics service providers to increase competitiveness.
    • The continuing trend by large corporate companies to outsource the management of their fleet.
    • The formation of partnerships with different players in the value chain in order to improve efficiencies.
    • The provision of consulting services in fleet management to existing and potential customers provides an opportunity to expand the business.

    Threats

    • Low economic growth in the country.
    • Rising operating costs are lowering profit margins.
    • Vehicle theft and hijackings as well as fraud are adding to costs like insurance.

    Outlook

    Analysts see growth in the fleet management sector being driven by technological developments and the increase in the number of companies wishing to outsource the management of their fleets. The focus by fleet owners on fuel efficiency and low cost of ownership is expected to strengthen the adoption of telematics in vehicles. Furthermore, analysts expect the enforcement of relevant regulations and the entry of vehicle OEMs through partnerships and acquisitions to increase the deployment of telematics in the sector. Role players believe that the acquisition of companies essential in the value chain will continue and mentioned the opportunities for growth in the provision of consulting services and in expansion in the rest of Africa.

    Read More..
    The Fleet Management Industry in South Africa
    The Fleet Management Industry in South Africa 2018

    Full Report

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    Buy Now +

    Industry Landscape

    R 1 330.00(ZAR) estimated $ 73.45 (USD)*

    Buy Now +

    Historical Reports

    The Fleet Management Industry in South Africa 2022-08-11

    R 6 500.00(ZAR) estimated $358.97 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2020-07-21

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2015-12-01

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Geographic Position 4
    3. SIZE OF THE INDUSTRY 5
    4. STATE OF THE INDUSTRY 14
    4.1. Local 14
    4.1.1. Corporate Actions 16
    4.1.2. Regulations 17
    4.1.3. Enterprise Development and Social Economic Development 20
    4.2. Continental 21
    4.3. International 22
    5. INFLUENCING FACTORS 24
    5.1. Economic Environment 24
    5.2. Rising Operating Costs 24
    5.3. Information Technology, Research & Development (R&D) and Innovation 29
    5.4. Labour 31
    5.5. Cyclicality 32
    5.6. Environmental Concerns 33
    5.7. Passenger Car Market 34
    5.8. Crime and Road Safety 34
    6. COMPETITION 36
    6.1. Barriers to Entry 37
    7. SWOT ANALYSIS 38
    8. OUTLOOK 39
    9. INDUSTRY ASSOCIATIONS 39
    10. REFERENCES 40
    10.1. Publications 40
    10.2. Websites 40
    COMPANY PROFILES 42
    58FLEET (PTY) LTD 42
    ABSA VEHICLE MANAGEMENT SOLUTIONS (PTY) LTD 44
    AFRIRENT (PTY) LTD 46
    ALTECH NETSTAR (PTY) LTD 48
    AMASONDO FLEET SERVICES (PTY) LTD 51
    ARIVA RENTALS (PTY) LTD 53
    BIDVEST BANK LTD 55
    CARRUS INFORMATION TECHNOLOGY (PTY) LTD 58
    ENX CORPORATION LTD 60
    FIRST NATIONAL BANK (DIVISION OF FIRSTRAND BANK LTD) 62
    FLEET HORIZON SOLUTIONS (PTY) LTD 64
    FML (DIVISION OF ISIPHO CAPITAL HOLDINGS (PTY) LTD) 65
    G-FLEET MANAGEMENT (DIVISION OF GAUTENG DEPARTMENT OF ROADS AND TRANSPORT) 67
    KGWERANO FINANCIAL SERVICES (PTY) LTD 69
    KHULA FLEET MANAGEMENT (PTY) LTD 71
    KWELAA FLEET MANAGEMENT CC 72
    LIQUIDCAPITAL (PTY) LTD 74
    MERCHANT WEST (PTY) LTD 76
    MOIPONE GROUP FLEET (PTY) LTD 78
    MOTUS HOLDINGS (DIVISION OF IMPERIAL GROUP LTD) 79
    NEDFLEET (DIVISION OF NEDBANK LTD) 86
    STANNIC FLEET MANAGEMENT (DIVISION OF STANDARD BANK GROUP LTD) 88
    SUPER GROUP AFRICA (PTY) LTD 90
    TALIS FLEET (PTY) LTD 92
    VINCEMUS INVESTMENTS (PTY) LTD 94
    VUSWA FLEET SERVICES (PTY) LTD 98
    WESBANK (DIVISION OF FIRSTRAND BANK LTD 100
    ZEDA CAR LEASING (PTY) LTD 102

    Report Coverage

    The Fleet Management report details the current state of the sector, recent corporate activity and contracts awarded, and factors influencing the success of the industry. The report also profiles ten players in the market, including the seven main companies that offer FML services: Absa Vehicle Management Solutions; the Barloworld subsidiary, Zeda Car Leasing t/a Avis Fleet Services; Bidvest Bank; Eqstra Fleet Management, the product of an Imperial unbundling in 2008; FleetAfrica, which is part of SuperGroup; Imperial Fleet Management, the result of a joint venture between Imperial and Wesbank in 2010; Standard Bank Fleet Management; and Wesbank.

    Introduction

    This report focuses on the management of corporate and government fleets and the main companies involved in this sector. According to Eqstra Fleet Management (EFM), an estimated 11% of a total vehicle population of 11.5 million vehicles are lease passenger vehicles. While buy-in into full management leasing (FML) applications in South Africa remains low relative to international standards there is growing market awareness of the need for fleet management products and services.

    Strengths

    • 70% of all cars purchased are for corporate and parastatal companies which outsource fleet management services.
    • A new integrated fleet management model has emerged which is not based on holding assets.
    • As in the case of Imperial, leverage is gained from synergies between partner companies which have arisen due to consolidations in the industry.
    • The industry is well supported by innovative technology and products for fleet management and crime prevention.

    Weaknesses

    • Complex new regulations such as AARTO, BBEEE requirements, tyre levies and toll fees.
    • Susceptibility to rising input costs.
    • The industry is vulnerable to price fluctuations of new and used vehicles. Dependency on an asset – based system and on one type of client such as the State.

    Opportunities

    • Although South Africans have been slow to choose the leasing option, this is likely to change following international trends.
    • Expansion into Africa as there is little competition and the promise of good returns.
    • Further improvements in technology to meet market needs.

    Threats

    • AARTO, which could be a major risk because of the 12 point demerit system.
    • Depressed economic environment.
    • In danger of being over-regulated and over-taxed.
    • Not being able to access the latest Euro fuel technology.

    Outlook

    The outlook for car sales going forward is “flat” and this is not expected to change in the foreseeable future. Naamsa car statistics point towards negative growth based mostly on a depressed wider economy. Commodity prices remain low and consumers are highly indebted with not much respite in the face of increased interest prices and inflation. A reduced petrol price, however, has been well-received.\r\n\r\nFleet Management companies are forging ahead with cost-cutting and expansionary strategies. EFM’s 2018 goals include expansion into Sub-Saharan Africa and Europe, intelligent fleet management, and a continuing focus on deriving revenue from services rather than from assets. Super Group and Fleet Africa intend to grow through “strategic acquisitions” complementary to their existing core business with selected African expansion and opportunities outside South Africa as a focus.\r\n\r\nFleet management packages which assist fleet managers to navigate a complex array of issues and which provide a measurable return on investment are proving popular. Fleet management companies Avis and Eqstra have adapted and are adapting their fleet management models accordingly. A more customer-centric trend is likely to occur more widely in the future as companies wait for the economic tide to turn.

    Read More..
    The Fleet Management Industry in South Africa
    The Fleet Management Industry in South Africa 2015

    Full Report

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    Buy Now +

    Industry Landscape

    R 1 330.00(ZAR) estimated $ 73.45 (USD)*

    Buy Now +

    Historical Reports

    The Fleet Management Industry in South Africa 2022-08-11

    R 6 500.00(ZAR) estimated $358.97 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2020-07-21

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    The Fleet Management Industry in South Africa 2018-02-21

    R 1 900.00(ZAR) estimated $104.93 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 2
    2.2. Geographic Position 5
    3. SIZE OF THE INDUSTRY 6
    4. STATE OF THE INDUSTRY 8
    4.1. Local 8
    4.1.1. Corporate Actions 9
    4.1.2. Regulations 11
    4.1.3. Enterprise Development and Social Economic Development 14
    4.2. Continental 15
    4.3. International 17
    5. INFLUENCING FACTORS 19
    5.1. Economic Environment 19
    5.2. Information Technology and Technology 21
    5.3. Regulatory Environment and Government Programmes 21
    5.4. Operational Models 22
    5.5. Labour Resources 23
    5.6. Cyclicality 25
    5.7. Environmental Concerns 25
    6. COMPETITION 27
    6.1. Barriers to Entry 28
    6.2. Research and Development (R&D) and Innovation 28
    7. SWOT ANALYSIS 28
    8. OUTLOOK 29
    9. INDUSTRY ASSOCIATIONS 30
    10. REFERENCES 30
    10.1. Publications 30
    10.2. Websites 31
    COMPANY PROFILES 32
    ABSA VEHICLE MANAGEMENT SOLUTIONS (PTY) LTD 32
    BIDVEST BANK LTD 34
    DAIMLER FLEET MANAGEMENT SOUTH AFRICA (PTY) LTD 37
    EQSTRA HOLDINGS LTD 40
    FIRSTRAND BANK LTD 45
    IMPERIAL GROUP LTD 49
    STANDARD BANK OF SOUTH AFRICA LTD (THE) 53
    SUPER GROUP LTD 57
    VINCEMUS INVESTMENTS (PTY) LTD 60
    ZEDA CAR LEASING (PTY) LTD 65

    Stay Up to Date with the Latest Industry News in Africa

    Copyright @ 2021