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AUTO SALES: Bosch to Cut Thousands of Jobs in India as Auto Sales Slump

  • Date: 02-01-20
  • Category: AUTO SALES
  • Source: Bloomberg

Bosch Ltd., the Indian unit of the world’s largest auto-parts supplier, plans to join its parent, Robert Bosch GmbH in cutting jobs as the South Asian nation witnesses one of its worst auto sales slowdowns in decades.

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SOUTH AFRICA: Load shedding to continue for another 5 years, experts warn

  • Date: 02-01-20
  • Category: SOUTH AFRICA
  • Source: Eye Witness News

CAPE TOWN - As 2020 dawns, energy experts are warning that load shedding will be with us for another five years at least.

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AUTO SALES: Pricey SUVs Powered a Surprisingly Buoyant U.S. Auto Market

  • Date: 02-01-20
  • Category: AUTO SALES
  • Source: Bloomberg

Sport utility vehicles were a force at the end of 2019, possibly garnering a majority of U.S. auto purchases for the first time and generating enough demand to keep sales steady and push prices to record highs.

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AUTO SALES: JATO: US demand for pickups remains strong despite price increases

  • Date: 01-01-20
  • Category: AUTO SALES
  • Source: Green Car Congress

From the 2010 model year through to September 2019, 14.6% of new vehicle sales in the United States have been pickup trucks, according to JATO Dynamics. From a 13.1% market share in 2010, pickups have grown to claim a 16.8% market share in 2019.

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ESKOM: Lower demand gives Eskom hope of avoiding power cuts

  • Date: 31-12-19
  • Category: ESKOM
  • Source: Eye Witness News

CAPE TOWN - Power utility Eskom is still hopeful it can keep the lights on during the festive season.

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SOUTH AFRICA: Eskom woes cast long shadow for South African mining

  • Date: 30-12-19
  • Category: SOUTH AFRICA
  • Source: Africa Report

There's no escape on the horizon in 2020 for South Africa's miners from the crippling power outages caused by load-shedding at state-owned electricity utility Eskom.

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SOUTH AFRICA: Looking to 2020 and beyond a Moody’s downgrade

  • Date: 27-12-19
  • Category: SOUTH AFRICA
  • Source: Business Tech

It’s unlikely that South African fiscal policy will be enough by early 2020 to convince Moody’s not to downgrade the country’s sovereign credit rating to junk status.

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SOUTH AFRICA: Ramaphosa’s early progress has been structural and subtle

How well Cyril Ramaphosa has done as South Africa’s president since the African National Congress party won the country’s May 2019 general election depends on whether his performance is assessed through a political or economic lens.

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