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    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
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    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.

    Fleet Management in South Africa

    Fleet management is becoming increasingly important for organisations in a world of changing mobility. Fleet management has developed into a multi-billion-rand industry in South Africa in recent years. South Africa has a relatively mature market and the penetration rate is relatively high. A notable share of installed fleet management systems in the market is represented by comparably low-end tracking systems, such as stolen vehicle tracking devices with extended basic fleet management features.

    Competition

    South Africa has a very competitive market, with JSE-listed companies, private companies and fleet management divisions of many of the major commercial banks competing for market share. The industry is largely dominated by five key players, with broad vehicle telematic portfolios, that together represent 70% of the total fleet management market. The remainder of the market is comprised of various minor market share participants. In recent years several international commercial vehicle original equipment manufacturers (OEMs) have entered the market or substantially expanded their fleet management operations.

    Trends

    New technology has helped increase fleet efficiency and improve operations, and there have been advancements in vehicle telematics, eco-friendly fleets, digital management schemes and online communication. Other trends include adaption to remote fleet management, new safety, security and sanitisation measures, increased data access and visibility and increased reliance on 5G technology.

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    The Fleet Management Industry in South Africa 2022

    Full Report

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    Industry Overview

    R 6 650.00(ZAR) estimated $ 351.00 (USD)*

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    Historical Reports

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

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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

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    Table of Contents

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    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.

    Fleet Management

    In the fleet management industry, privately 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 – car rentals, government, companies and couriers – have been severely affected by the coronavirus lockdown and weak economic growth. These factors may lead to a reduction in fleets.

    Challenging Environment

    The operating environment in the past two years was characterised by low consumer confidence, declining vehicle sales and a lengthening vehicle replacement cycle. Role players expect slow growth in future, driven by a decrease in demand as outsourcing to individuals by e-commerce traders and ride-hailing companies persists. Since June 2020 when the lockdown rules were relaxed and e-commerce resumed, the demand for courier services increased to the extent that there was a shortage of delivery vehicles, but not all couriers have their own fleets.

    State-owned Fleet Management

    Government is involved in the industry through the Gauteng Department of Roads and Transport’s vehicle leasing and fleet management services business trading as G-Fleet Management, with over 420,000 vehicles in 2019, and Government Motor Transport Western Cape, that provides fleet management services to provincial and national government departments and had a fleet of almost 6,000 vehicles in 2019.

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    The Fleet Management Industry in South Africa 2020

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

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    Historical Reports

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

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

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

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

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

    R 1 900.00(ZAR) estimated $100.29 (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.

    Fleet Management

    The report on the fleet management sector covers the management of corporate and government fleets, with a focus on passenger cars. In this growing sector there are more than 40 fleet management companies with varying experience, business models and service levels. They include international providers, as well as local businesses and compete for contracts from national and local government as well as the corporate sector.

    An Administrative Function

    Fleet management is an administrative approach that allows companies to organise and coordinate their fleet of vehicles in order to improve efficiency, reduce costs and provide compliance with government regulations. The management of fleets is either undertaken by the company itself or an agreement is set up with a fleet management company to take over all or some of the risk. When all of the risk is taken over under full management leasing, control of a fleet occurs in four main areas: acquisition; operations; remarketing; and cost management.

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

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    Buy Now +

    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

    Buy Now +

    Historical Reports

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

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

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

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

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

    R 1 900.00(ZAR) estimated $100.29 (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.

    Fleet Management in South Africa

    This report focuses on the fleet management sector, a highly competitive sector, where players vie to manage the fleets of corporations and government agencies. An estimated 11% of a total vehicle population of 11.5 million vehicles are lease passenger vehicles and approximately 70% of all new cars purchased are for the corporate market.

    A competitive Environment

    Of South Africa’s corporate fleet of 1.3 million passenger cars, an estimated 100,000 vehicles are on a full management leasing (FML) arrangement. While this figure remains low in comparison to international standards, there is a growing market awareness of the need for fleet management products and services. Companies are expected to provide integrated systems which encompass all aspects of managing a fleet, including the provision of finance, driver management and training, maintenance of the vehicles, the payment of fines, and e-toll administration.

    Challenges and Opportunity

    With fleet operating costs currently increasing at 12% per annum a year and input costs expected to increase as a result of the fall of the Rand, fleet management companies are considering the acquisition of companies essential in the value chain, as well as the implementation of cost-cutting strategies. Expansion into sub-Saharan Africa is viewed as a promising opportunity as there is less competition and the promise of good returns.

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

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    Buy Now +

    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

    Buy Now +

    Historical Reports

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

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

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

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

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

    R 1 900.00(ZAR) estimated $100.29 (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

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