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Rental market killing SA car sales

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<b>RENTAL INDUSTRY CRASH:</b> SA's vehicle rental industry was down 58% negating the growth seen elsewhere in the industry. <i>Image: Shutterstock</i>
<b>RENTAL INDUSTRY CRASH:</b> SA's vehicle rental industry was down 58% negating the growth seen elsewhere in the industry. <i>Image: Shutterstock</i>

JOHANNESBURG, Gauteng - Vehicle sales in South Africa experienced virtually no growth through March 2015, according to data from the National Association of Automobile Manufacturers of South Africa.

Total sales, at 55 449, were nine more than in March 2014, according to an analysis by WesBank.

Cars contributed 35 548 units to this total but were down 3% year-on-year. Light commercial vehicles' March figure was 16 808, up 5.5% year-on-year but, WesBank reported, industry numbers were countered by actual consumer demand, pushing dealer sales to grow 1.2% for cars and 8.3% for LCVs, year-on-year.

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