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Vehicle stats: Tough Nov, roll on '14

2013-12-03 11:29

NO FIREWORKS IN NOVEMBER: In fact, Naamsa says, new vehicle sales were down a little on the same month in 2012.

Numsa strikes, car-carriers’ strike, parts manufacturers strike and the usual before-end-of-year sales slowdown (waiting for the new licence year, chaps) but the good news is...

...well sucks to you all because the South African auto industry is in line for its second or third-best sales year on record. And that’s official, from the National Association of Automobile Manufacturers of SA (Naamsa).

Announced November sales were down on the same month in 2012 (50 806 against 53 265) and exports were down by 4.8% year-on-year.

SUPPLY DISRUPTIONS

Broken down, November sales were 83% through dealers, 8.5% to rental outlets, 3.2% to industry corporate fleets and 5.3% to the state/government.

Of the vehicle sales total, 34 267 were new cars (down 6% on Nov 2012).

Naamsa excused: "Supply disruptions due to the car carrier industry strike and a moderation in consumer demand had probably been the main contributors to the lower sales number.

"However, the car rental industry once again contributed positively and accounted for 12.1% of new cars sold during the month."

Domestic sales of new light commercials, bakkies and minibuses stood at 13 719 (down 610 units or 4.3% on Nov 2012).

EXPORTS DOWN

Sales of medium and heavy trucks increased, with 12.7% more medium commercial vehicles and 12.5% more heavy trucks and buses sold over the previous November.

"The continuing strength in sales of trucks indicates spending on infrastructure projects and some improvement in capital investment trends," Naamsa said.

Industry new vehicle exports declined by 1366 (4.8%) from the 28 520 a year earlier.

Naamsa explained: "This was due to the lagged effects of the September and October 2013 automotive industry strike and the current disruptions, experienced by some exporters as a result of the ongoing industrial action in the car-carriers."

In early September 2013 National Union of Metalworkers of SA members in the motor and components sector embarked on a four-week strike. Transport and Allied Workers’ Union members who transport vehicles by truck to dealers and harbours struck on November 13.

'FURTHER MODERATION'

Vehicle exports are expected to gain momentum in 2013 as export programmes are ramped up and exports of light commercials in particular are expected to increase substantially in 2014.

"Domestically,” Naamsa said, “expectations of lower economic growth and above-inflation new vehicle price increases will contribute to a more difficult trading environment and further moderation in sales growth momentum.

"Despite a less promising outlook for the automotive sector, the year as a whole would still represent the second or third best year on record in terms of domestic sales.”

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