MAKING THE LIST: Ferrari's F12 found one new owner in October 2016. Image: QuickPic
Cape Town - October 2016 saw another decline in new vehicle sales, with both passenger cars and light commercial vehicles (LCV) taking a dip.
The National Association of Automobile Manufacturers of South Africa (Naamsa) says that the South African new vehicle market continues to show poor local sales.
Bad month all round
October 2016 aggregate new vehicle sales, at 48 745 units, registered a decline of 5494 vehicles or a fall of 10.1% compared to the 54 239 vehicles sold in October 2015.
Naamsa said: "Domestically, the short to medium term outlook remained extremely challenging.
"Double digit new vehicle price inflation, pressure on household disposable incomes, low levels of business confidence and relatively high interest rates would continue to impact negatively on new vehicle sales."
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The negative trend the market finds itself in also spilled over to sportscars and manufacturers are doing all they can to regain lost ground. Porsche came out tops with its 718 Cayman/Boxster finding 17 new owners last month, while the Jaguar F-Type sold 11 units.
Considering that these cars costs in the region of R1-million, it is nothing short of commendable.
BMW sold eight i8s and the Nissan four GT-Rs. Audi's R8 found only one new owner.
Here are the 11 best-selling sportscars for October 2016:
1 Porsche 718 Cayman/Boxster
Price: R771 000 - R1.2-million
2 Jaguar F-Type
Price: R1-million - R2.3-million
3 BMW i8
4 Nissan GT-R
Price: R1.9-million - R2.0million
5 Ferrari 488 Spider
6 Ferrari 488 GTB
7 Porsche 911
Price: R1.3-million - R1.7mn
8 Ferrari California T
9 Alfa Romeo 4C
10 Ferrari F12
11 Audi R8
Price: R2.7-million - R3.0million