SA’s new vehicle sales fall, exports set for record numbers

South Africa's new vehicle sales fell by 8.6% in October year-on-year from 59 335 units to 54 244.

Of the total Industry sales, an estimated 80.9% represented dealer sales, 12.2% represented sales to the vehicle rental industry, 3.5% to industry corporate fleets and 3.4% constituted sales to government, reported  the National Association of Automobile Manufacturers of South Africa (Naamsa).

Further, exports were down 13.9% at 27 732 units compared with 32 199 last year, said the Department of Trade and Industry (dti).

However, exports remain on target to reach a record number of about 335 000 units.

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