Mobility Solutions
The Mobility Solutions segment is uniquely positioned in the industry to deliver forward-thinking and customer-centric mobility solutions. With a steadfast focus on the customer, the business is dedicated to finding innovative solutions that enhance customer loyalty, improve the vehicle ownership experience, address under-served customer needs, and create long-term value for the Motus business and its integrated value chain.
The segment specialises in the development, management, administration, and distribution of advanced financial products and services related to vehicles. These offerings are delivered to customers through various channels, including importers, dealers, finance houses, insurers, call centres and digital platforms. Additionally, the segment excels in providing comprehensive fleet management services for corporate clients, encompassing maintenance, telemetry and other ancillary-related services.
The revenue streams are driven by diverse factors, ensuring the division is effectively hedged, as revenue recognition timing varies by product. Consequently, Mobility Solutions provides the broader Group with a hedge against the volatility and cyclicality of new vehicle sales in the South African market. The division’s performance is bolstered by annuity cash income streams, making it highly resilient to market fluctuations.
Income streams for Mobility Solutions fall broadly into five different categories. These revenue streams all have diverse drivers, which ensure that the business segment is effectively hedged as the timing of revenue recognition varies by product. Mobility Solutions therefore also provides the broader Group with a hedge against the volatility and cyclicality of new vehicles sales in the South African vehicle market. The performance of the business segment is underpinned by annuity income streams, making Mobility Solutions highly resilient against market fluctuations.
Our products
Our products provide vehicle owners with market-leading VAPS to provide peace-of-mind mobility across the vehicle ownership cycle. Products and services designed for this purpose include the following:
