Good news for SA motor industry as car sales go up

There is some good news for the South African motor industry as it records an increase in car sales, both domestically and in exports, the National Association of Automobile Manufacturers of South Africa (Naamsa) has reported.

Naamsa reports that domestic new vehicle sales have improved on the back of new car and light commercial vehicle (LCV) sales.

Naamsa’s report shows an increase of 4.1 per cent from July 2016 – 46 719 units sold versus 44 870 units sold at the same time last year.

Export sales for July 2017 have shown an increase of 22.2 per cent, with 35 486 units, versus 29 030 units sold in July last year, an increase of 6 456 units.

The overall picture of reported car sales – 46 719 units – shows that around 79.2 per cent (or 36 999 units) came through dealerships, 13.8 per cent represented sales to the vehicle rental industry, 3.9 per cent to government and 3.1 per cent to industry corporate fleets.

Naamsa expects further improvement in the momentum of vehicle exports for the rest of 2017.

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