Vehicle exports hit record levels

Vehicle exports from South Africa hit an all-time high of 29 254 units in March this year, according to the National Association of Automobile Manufacturers of South Africa (Naamsa). “March 2011 export sales improved by 7 958 units, or 37.4% compared to the 21 296 vehicles exported during March last year. With further recovery in the global economy expected during course of 2011, industry export sales were expected to reach 300 000 units in 2011,” says Naamsa. March was also the highest sales month for passenger vehicles in South Africa since October 2007.