New Car Sales in South Africa for October 2014
New car sales in South Africa have remained strong throughout October 2014 despite slow economic growth and pressure on consumer disposable income. The National Association of Automobile Manufacturers of South Africa (NAAMSA) reports strong gains in major sectors when compared to the same period last year.
Here is a new car sales summary for the month of October 2014.
59 262 aggregate new vehicle sales up by 4.7% (2 654) compared to October 201332 165 export sales up by 33% (7 973) compared to October 201340 666 passenger cars up by 1.6% (646) compared to October 201315 827 light commercial vehicles up by 14% (1 941) compared to October 2013
| Brand | Total Sales | Market Penetration % |
|
12 049 | 20.4% |
|
9 057 | 15.3% |
|
6 674 | 11.3% |
|
5 238 | 8.9% |
|
5 047 | 8.5% |
| Model | Total Sales |
| 3 491 | |
|
3 421 |
|
3 045 |
| 2 398 | |
| 2 333 |
New Car Sales Outlook
NAAMSA advises a cautious outlook for the remainder of 2014 going into 2015. Slow economic growth, past interest rate hikes and above inflationary new car price increases would create a tough trading environment. NAAMSA predicts similar new car sales in 2014 to that experienced in 2013. Export numbers are expected to improve for the remainder of the year and into 2015.
zpostcode
Recruit
weather
mreligion
Yellowpages
sport
constellation
shopping
name
game
directory
literature
Word
tour
furnish
Lottery
tftnews
lyrics
News
digital
car
dir
Edu
Finance
