Take a look at new car sales in South Africa for October 2021 as released by naamsa | The Automotive Business Council.

The month of October 2021 was yet another tough month for new car sales in South Africa. Demand for new cars remains high but supply constraints, owing to the global chip shortage and supply chain delays, are preventing the local new car market from realising its full potential.

Nonetheless, new passenger car sales and light commercial vehicle (LCV) sales registered positive growth during the month but exports took yet another heavy knock as a result of a 3-week strike in the steel and engineering sector as well being severely impacted by load shedding.

New Car Sales in SA for October 2021

Aggregate new vehicle sales of 41 035 units up by 6.1% (+2 341 units) compared to October 2020.New passenger car sales of 27 496 units up by 3.1% (+815 units) compared to October 2020.LCV sales of 11 188 units up by 15.9% (+1 535 units) compared to October 2020.Export sales of 23 685 units down by 30% (-10 159 units) compared to October 2020.

Best-Selling Car Brands in South Africa

Toyota – 9 928 unitsVolkswagen – 5 975 unitsNissan – 3 059 unitsHyundai – 2 804 unitsSuzuki – 2 593 unitsRenault – 2 480 unitsKia – 2 343 unitsHaval – 2 330 unitsFord – 2 148 unitsIsuzu – 1 934 units

New Car Sales Outlook

The South African automotive industry is likely to remain under pressure in the short to medium term. All indications are showing that the global chip shortage will continue to disrupt supply into 2022 and this will be exacerbated by logistical complications caused by the ongoing vessel and container shortages that are impacting not only the delivery of new cars but goods in general.

In addition to this, on a local level, load shedding is expected to continue and will further disrupt and cripple South Africa’s already-struggling economy.

As the supply of new cars remains constrained, local buyers have been taking advantage of deals in the used car market and this trend is likely to continue until the new car market stabilises.

Cars.co.za currently has over 65 000 used cars listed for sale and if you are in the market for a used car, you have come to the right place!

Start your search for a used car here!