--
 
Top new models for SA

From Renault's new Alaskan bakkie to the latest models at the Frankfurt motor show bound for SA.

Electric cars in SA

The debate on whether or not Electric Vehicles (EV) are viable in South Africa rages on.

Record vehicle exports through October

2014-11-04 07:21

SA VEHICLE SALES BACK ON TRACK: Naamsa says October 2014 new vehicle sales were up 4.7% on the previous October - and exports were at a record high. Image: Facebook

JOHANNEBURG, Gauteng - Sales of new vehicles in South Africa increased by 4.7% in October over the same month in 2013 but exports set a record.

The National Association of Automobile Manufacturers of SA (Naamsa) reported: "Domestic sales were 59 262, an improvement of 2654, despite subdued economic growth and pressure on people’s income.

“Of the total reported 59 262 sales, 77.2% were through dealers, 14.3% to the rental industry, 4.3% to the state and 4.2% to corporate fleets.”

'STAR PERFORMERS'

Export sales reached a record 32 165, 7973 (33%) more than the strike-affected export total of October 2013.

Naamsa said October 2014 was the second month of the year in which monthly new car sales registered year-on-year growth and the "star performance" was by domestic sales of new light commercials, bakkies and minibuses - up 14% (15 827) over the previous October.

Medium and heavy trucks, at 889 and 1880 units respectively, showed a mixed performance. Medium commercials declined by 110 units (11%), heavy trucks and buses improved by 177 units (10.4%).

Naamsa commented: "The improvement in domestic new vehicle and export sales was most encouraging but it’s advisable to retain a cautious outlook about the performance of the automotive sector for the balance of 2014 and into 2015.”

NEXT ON WHEELS24X
Read more on:    johannesburg  |  good news

Inside Wheels24

There are new stories on the homepage. Click here to see them.