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2012 Annual Report - Quick Links
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Review of Operations
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2012 Integrated Annual Report

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Autobax

Autobax is one the country’s leading importers of automotive timing components, oil pumps and belting and has been operating in South Africa for 39 years.

The company supplies all the major automotive manufactures and aftermarket wholesalers throughout South Africa and neighbouring countries from its head office in Cape Town and a branch in Johannesburg.

Autobax imports and distributes leading international and local brands such as Gates, Aisin, TBK, Sanyco, Shimizu, Universal Clips and Europart. The company has a long history of strong partnerships with these suppliers and continues to retain exclusive distribution rights in South Africa for their products.

During the year, the company greatly improved its range of products by increasing coverage for the proliferation of new motor car models in the country, and by vastly improving its catalogues.

MOTORSPORT DISTRIBUTION
MotoSport Distribution, the motorcycle and accessories division of the business, has grown significantly in its 7 years of operation and has secured a large portion of the motorcycle market in South Africa. MotoSport Distribution operates from offices in Cape Town and
Johannesburg, supplying customers countrywide and in neighbouring countries.

During the year under review, exclusive distribution rights in South Africa have been obtained for leading brands such as Leo Vince Exhausts, Pipercross Air Filters and PP Tuning Performance Parts.

Additional warehousing has been secured, which has enabled MotoSport Distribution to expand on its already extensive product and customer base.

Autobax and MotoSport Distribution have again had a positive year, achieving budgeted sales and gross margin targets throughout the year and increasing turnover by 11%. However, in the coming financial
year, economic circumstances in South Africa are likely to put pressure on consumers, resulting in less consumption expenditure. This is likely to dampen sales in Autobax and management expects very little
real growth in the coming financial year.