New vehicle sales for September were down 1.9% year-on-year with a total of 49670 units sold according to the latest aggregate sales data from the NAAMSA. From a year-to-date point of view, total industry sales were on par with the first nine months of 2017, coming in marginally lower at -0.8%. Exports for September 2018 totalled 36 781, showing around 1% growth over the same period last year.
Aggregate vehicle sales of 49 670 units down by 1.9% (-1 005 units) compared to September 2017
Passenger car sales of 32 786 units down by 2.6% (-883 units) compared to September 2017
Light Commercial Vehicle (LCV) sales of 14 342 down by 1.2% (-181 units) compared to September 2017
Export sales of 36 781 units up by 1.1% (422 units) compared to September 2017
Toyota – 12 351 units
Volkswagen – 8 553 units
Ford – 5 509 units
Nissan – 5 042 units
Hyundai – 2 949 units
Toyota Hilux – 3 943 units
Volkswagen Polo – 3 532 units
Ford Ranger – 3 016 units
Volkswagen Polo Vivo – 1 976 units
Nissan NP200 – 1 888 units
Toyota Corolla Quest – 1 375 units
Toyota Fortuner – 1 345 units
Toyota Quantum – 1 287 units
Isuzu KB – 1 193 units
Toyota Yaris – 1 111 units
Economic headwinds are likely to persist and cause continued strain on the automotive industry. However, we are encouraged by new vehicle sales through the dealer network that increased 0.9% month-on-month and 1.9% year-to-date,” says Ghana Msibi, WesBank Executive Head of Sales and Marketing. “As we enter the final quarter of 2018, we remain hopeful that our prediction of 0.75% total industry growth can still be achieved, but not without some challenges.
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