Combined Motor Holdings Ltd
CMHJ.J – JOHANNESBURG STOCK EXCHANGE
Business Description
Combined Motor Holdings Limited is a South Africa-based investment holding company that is focused on retail motor sector. The Company's segments include motor retail/distribution, car hire and financial services. The motor retail/distribution segment comprises around 43 motor retail dealerships representing 29 brands sold through operations in Gauteng, KwaZulu-Natal and Western Cape; mandarin parts distributors which imports aftermarket vehicle parts, and Proton SA is an importer and distributor in South Africa of the Proton and Saga range of passenger vehicles and related parts and accessories. The car hire segment includes First Car Rental, which is a car rental company. The First Car Rental operates with a fleet of more than 7,500 vehicles throughout South Africa from a network of 50 branches. The financial services segment provides insurance underwriting facilities in respect of products sold in tandem with the sale of new and used vehicles, and also provides vehicle financing.
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