TOP OF THE LUXURY SUV CLASS: The BMW X5 was again the best-selling luxury SUV in SA. Image: Wheels24
Cape Town - Luxury SUVs again performed admirably according to overall vehicle sale for November 2016.
However, despite the strong sales in this highly competitive segment, conditions in the new vehicle market remained extremely challenging characterised by double digit year-on-year declines in most other segments of the market.
Despite attractive cash incentives on offer by a number of automotive companies, the consumer driven new car market had remained under pressure during November 2016 and at 28 334 units reflected a decline of 4548 cars or a fall of 13.8% compared to the 32 882 new cars sold in November 2015, says Naamsa.
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BMW leads again
BMW's X5 was again the best-selling luxury SUV in South Africa, with a mammoth 111 units finding new owners in November. The Toyota Land Cruiser 200 was the second-best selling SUV on 91 units.
Porsche sold 70 Cayenne's in the month, but only six Macans. Maserati launched its new Levante in South Africa and sold five units carrying a pricetag of more than R1.6-million each.
Mercedes-Benz does not disclose its sales results to Naamsa.
Best-selling luxury SUVs in SA:
Naamsa says: “Domestically, the short to medium term outlook for new vehicle sales remained extremely challenging.
"Double digit new vehicle price inflation, pressure on household disposable incomes, low levels of consumer and business confidence and relatively high interest rates represented a negative environment for new vehicle sales.
“On the assumption that the economy would register growth in 2017, in real terms, of around 1.0% - new vehicle sales could grow next year by between 3% and 4%.”
See images for the top 10 below:
1. BMW X5
2. Toyota Land Cruiser 200
3. Toyota Prado
4. Porsche Cayenne
5. Range Rover/Sport
6. Audi Q7
7. Jaguar F-Pace
8. Volvo XC90
9. BMW X6
10. Lexus LX