Mobility Solutions
As a leader in the VAPS industry, the Mobility Solutions segment delivers stakeholder value aligned with its purpose, “Mobility for Good”. With the customer placed front of mind at all times, Mobility Solutions seeks to find innovative mobility solutions that create customer loyalty and enhance the vehicle ownership experience. They also solve for under-served customer needs and create long-term value for the Motus business and its integrated value chain through the creation of a steady stream of annuity income.
Over the years, the segment has developed core competencies in innovating, managing, administering, and distributing advanced financial products and services for vehicles. These solutions are delivered to customers through a wide range of channels, including importers, dealers, finance houses, insurers, call centres, and digital platforms. Additionally, the segment is well-known for providing comprehensive fleet management services to corporate clients, which encompass maintenance, telemetry, and other fleet management services.
The segment has five diverse income streams arising from the sale of the non-insurance VAPS, the sale of insurance VAPS, the provision of vehicle finance solutions through our bank alliances, provision of fleet management products and services, as well as the provision of consumer mobility solutions. This provides the broader Group with protection against the volatility and cyclicality of new vehicle sales in the South African market. The performance of the business segment is underpinned by annuity income streams, making Mobility Solutions highly resilient against market fluctuations and contributing significantly to the Group’s stability and growth.
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:
