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SA Vehicle sales for September weaken further

Current conditions in the South African automotive industry reflected a further weakening in domestic sales according to sales statistics released by the National Association of Automobile Manufacturers in South Africa (NAAMSA).

The latest figures showed that the recession in domestic new vehicle sales had accelerated further during September, 2015. In contrast, export sales of new motor vehicles had however achieved a new milestone reaching a record monthly total of 35,181 vehicles.
According to the Association, September, aggregate new vehicle sales at 55,322 had declined by 5460 units or 9% from the 60,782 vehicles sold in September last year.
Sales of new cars in the consumer driven new car market at 37,309 units reflected a substantial decline of 5656 units or a fall of 13.2% compared to the 42,965 new cars sold in September last year.
According to NAAMSA, domestic sales of new light commercial vehicles, bakkies and mini buses during September, 2015 at 15,121 had held up relatively well and reflected a marginal improvement of 45 units or 0.3% compared to the 15,076 light commercial vehicles sold during the corresponding month last year.

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