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New vehicle sales in February 2015 have grown 1.1%, year-on-year, according to the National Association of Automobile Manufacturers of South Africa.
Passenger car sales are up 1.5% with 34 909 vehicles sold. The light commercial segment saw an increase of 1.8% or 15 139 units however growth in this segment has slowed compared to performance in previous months.
The marginal increase in sales can be attributed to a continued appetite for credit.