Auto Insights Newsletter | October 2022
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Lightstone at SA Auto Week

Let’s reimagine the future together

Lightstone was a strategic partner at the first ever 2022 South Africa (SA) Auto Week which took place from 24 - 30 October at Kyalami Grand Prix Circuit.

The event, hosted by naamsa, included a 3-day Thought Leadership Indaba that focussed on key industry topics for South Africa and Africa under the theme: “REIMAGINING THE FUTURE TOGETHER – The Rise of the African Auto Industry: investing in new energy vehicles, infrastructure, and people”.

As a trusted data partner, Lightstone showcased insights geared to support motor manufacturers, finance partners, industry associations, motor vehicle dealerships, insurers and component industry suppliers. In addition, our analytical director, Paul Roux De Kock, one of the panel members, discussed the importance of data in the industry. Key highlights of the discussion included a focus on data security, monetisation of data, ownership of data and a call for barriers to industry data, such as vehicle values, to be broken down for the benefit of all players in the industry.

The Lightstone exhibition stand was welcomed by key industry stakeholders and provided a platform for Lightstone and the industry to reconnect on key topics such as SmartID (Lightstone’s vehicle valuation platform); residual value forecasting modules, dealer network location intelligence solutions, vehicle recall solutions and customer experience software aimed at driving customer retention and loyalty.

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Lightstone, analytical director, Paul Roux De Kock (second from left) took part in the Panel of Five that discussed data as the new currency in the industry.

The industry can no doubt look forward to this event becoming the premium business-to-business event in the country’s motoring calendar in the future. Be sure to look out for the next one.

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From left: Everton Bowers, Head of Development, Monique Ferreira, Head of Operations, Pieter Wessels, Lightstone Auto MD, at the naamsa Accelerator Awards event.

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Lightstone’s exhibition stand at the event.

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