Publications
Partners
Cape Town - September saw new vehicle sales continue to declining, according to the latest sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa).
However, expensive sports and supercars are still being sold albeit in smaller numbers.
Best-selling passenger cars: September 2016
Best-selling bakkies: September 2016
Naamsa sales report: September 2016
Best-selling locally built cars, bakkies: September 2016
Summer is right around the corner and it is time to drop the top on the top selling supercars and sports cars.
These speedsters sold the quickest:
Ford Mustangs - 63
Nissan GT-R - 19
Audi TT - 18
Porsche 911 -17
Jaguar F-TYPE - 15
Porsche Boxster - 14
Ferrari 488 Spider - 8
Mazda MX-5/ Porsche Cayman - 7
Audi R8 / BMW i8 - 4
SA vehicle industry
The South African Department of Trade & Industry reports that current conditions in the automotive industry reflected sharp falls in domestic new vehicle sales.
The recession in the domestic new vehicle market accelerated significantly during September, with all major segments reflecting double digit or near double digit declines.
"Given the present difficult economic environment in South Africa, the negative trend was expected to continue over the medium term," reports the department.
Only 47 399 new vehicles were sold in the past month, representing a decrease of 14.3% compared to the same period in 2015. Year-to-date, total industry sales have fallen 11.3% – close to WesBank’s forecast that the market would shrink 12% in 2016.
Simphiwe Nghona, CEO of the Motor Retail at WesBank, said: “Additionally, consumer budgets are under more pressure than ever which has made it more difficult for them to either afford a new car or justify buying in the new market.”
