Motor vehicle exports increased by 39.5% (40 302 units) in October 2023, representing 11 411 more vehicles compared to the 28 891 vehicles exported in October 2022. Vehicle exports for the year to date are now 12.7% ahead of the same period last year.
The National Association of Automobile Manufacturers of South Africa (Naamsa) revealed the performance figures today.
Domestic sales of new light commercial vehicles, bakkies and minibuses amounted to 12 361 units during October 2023. This is a decline of 387 units, or a loss of 3%, from the 12 748 light commercial vehicles sold during October 2022.
Sales for the medium commercial vehicle segment amounted to 807 units. It reflects an increase of 62 units, or a gain of 8.3%, compared to the 745 medium vehicle sales recorded in the same period last year.
The heavy truck and bus segments of the industry reflected a positive performance during the month at 2 365 units. This is an increase of 488 vehicles, or a gain of 26%, compared to the 1 877 units sold during the corresponding month last year.
The October 2023 new passenger car market amounted to 29 912 units. This shows a decline of 1 068 cars, or a loss of 3.5%, compared to the 30 980 new cars sold in October 2022.
Car rental sales accounted for about 18.3%, or 5 468 units of the new passenger vehicles sales.
