The Combined Motor Holdings Group (“CMH) commenced trading operations in 1976 following the merger of various retail motor dealerships in South Africa. In 1987 the holding company, Combined Motor Holdings Limited (“the Company”), listed on the JSE.
The Company is an investment holding company with subsidiaries owning interests in retail motor, car hire, financial services, distribution of consumables, digital marketing and workshop equipment. CMH operates throughout South Africa, employing approximately 2700 people and, at February 2018, had a market value of in excess of R1.9 billion.
CMH represents many leading motor vehicle brands in South Africa and aims to assist customers with all their motoring requirements. Our staff are specialists in their fields and committed to ensuring that our customers get a unique and memorable experience when dealing with us.
Our car hire services operate through First Car Rental.
In developing the Group strategy, and in all its business dealings, the Board is fully committed to business integrity, fairness, transparency and accountability in all its activities. To this end, the Board subscribes to high standards of corporate governance in all aspects of business, and to the ongoing development and implementation of best business practice.
The Board also recognises the role the Group has to play in the country’s transformation process. It believes that the development of initiatives in this area will generate long-term benefits for both the Group and the country.
The Group has developed, and subscribes to, its Mission Statement which is:
CUSTOMERS – to provide a total commitment to customer satisfaction in all aspects of business, and to ensure that our customers are treated fairly and equitably by a motivated, well-trained team of specialists.
SUPPLIERS – to conduct our relationship in an ethical and supportive manner conducive to the achievement of mutual long-term profit and market share objectives.
EMPLOYEES – to provide a stable and challenging work environment in which employees are treated on an equal opportunity basis with open lines of communication, are encouraged to participate to the maximum of their ability and are rewarded commensurate with their achievement.
SHAREHOLDERS – to produce a consistent, meaningful growth in earnings and dividends, commensurate with the risks involved, after making adequate provision for future expansion.
In doing so, to become a valued, respected and committed contributor to the society in which we all coexist.