Motus Holdings Limited (JSE:MTH)
Motus Holdings Limited (JSE:MTH) is South Africa’s leading automotive group. The group is a diversified (non-manufacturing) business in the automotive sector with unrivalled scale and scope in South Africa, a selected international presence primarily in the United Kingdom and Australia, as well as a limited presence in South East Asia and Southern and East Africa.
Motus traces its roots back to 1948, when its founding company Imperial Holdings Limited started as a single motor dealership in Johannesburg. Motus was listed on the Johannesburg Stock Exchange in November 2018, following its unbundling from Imperial Holdings Limited.
Motus offers a differentiated value proposition to Original Equipment Manufacturers, customers and business partners with a fully integrated business model across the automotive value chain through four key business segments:
Import and Distribution
Exclusive South African importer and distributor of Hyundai, Kia, Renault and Mitsubishi vehicles and parts in South Africa.
This business segment operates in South Africa and neighbouring countries with more than 70 000 vehicles imported annually. The group distributes its importer brands in eight countries, namely Botswana, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Zambia, Zimbabwe. The group has the exclusive distribution rights for Nissan in four countries, namely Kenya, Zambia, Tanzania and Malawi.
Retail and Rental
Motus retails vehicles through dealerships based primarily in South Africa, with a selected presence in the UK and Australia.
Car rental, operates through the Europcar and Tempest brands.
The Retail and Rental segment’s unrivalled scale and footprint of strategically located dealerships, largely in growing urban areas, underpins its leading market share in South Africa.
The group provides a consistent superior route-to-market through quality marketing, high levels of customer satisfaction and strategically located dealerships, with a geographic spread in the economic hubs of South Africa. The selected international presence is primarily in the UK and Australia. Motus operates a centralised finance and insurance model across the dealer network, which executes Group financial products and services strategies for the South African businesses.
Financial Services develops and distributes innovative vehicle-related financial products and services through importers, distributors, dealers, finance houses, call centres and digital channels. The segment is also a provider of fleet management services to corporate customers including fleet maintenance, fines management, licensing and registration services.
The Aftermarket Parts business’ large national and growing footprint enables the group to leverage buying power to distribute and sell competitively priced products for the continually growing category of out-of-warranty vehicles.
Operating in Southern Africa and South East Asia through 580+ retail stores (including 94 owned stores), supported by distribution centres in South Africa, Taiwan and China.
The group's international distribution centres in Taiwan and China, allow for procurement at competitive prices as it procures and distributes to South Africa and other developing markets.