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CONTENTS 05 From the Editor’s desk


12 At home with John Newbury We spend an edifying afternoon


Issue 3 of 2012 MANAGEMENT TODAY MAGAZINE SA


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with the man who was formerly CEO of Nissan S.A for 20 years, touching on multiple topics relevant to the automotive industry and the current South African economic landscape. Read this remarkable insight into the boardrooms of S.A.


22 Success through innovation Richard Chetty, former head of


Innovation and Strategy at BMW, explains how he put the plans in place to double production capacity from 50 000 to 100 000 units by 2013, without major investment and creating thousands of jobs.


“One of the greatest benefits from this process is that almost 1 000 people are to benefit from new decent jobs.” Richard Chetty, page 22


26 The automotive industry in facts and figures


All the latest statistics and information that you need to know.


30 Driven by passion and perception Why do we South Africans love our


cars so much? What does the automotive industry really mean to the consumer in this country? Why do we spend more on our car payments than our house bond each month? Read the views of Joe Harley to find out.


36 Always better cars: the fall and rise of Toyota Motors In this opinion piece we ask what is


next for Toyota? What has the new company president achieved and how is he turning the company around through the toughest period in its history.


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