by Hanleigh | Oct 5, 2022 | News
The drastic increase in load shedding, a 75-basis point rise in the interest rate and ongoing high fuel costs are beginning to cause a negative effect on new vehicle sales in South Africa according to Alex Boavida, the Vice Chairperson of the National Automobile...
by Hanleigh | Feb 11, 2022 | News
The National Automobile Dealers’ Association (NADA) is looking to sales growth of between 10% and 15% in the South African new vehicle market in 2022. The estimate is based on buoyant sales in the first month of the year, together with positive trends seen in 2021,...
by Hanleigh | Feb 3, 2022 | News
“The South African motor industry remains buoyant despite the disappointing state of the local economy. Total vehicle sales in January of 41 382 units showed a 19.5% increase over sales in the corresponding month a year ago. Franchised dealers were responsible for...