THE SMART NEWS SOURCE | Feb 10 2012 11:18 | LAST UPDATED Feb 10 2012 11:18 |
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New vehicles sales riseNew vehicle sales improved by 25% in February compared with the same month in 2010. New vehicles sales up in OctoberSouth Africa's new vehicle sales jumped 22,2% in October from the previous year, as interest-rate cuts since late 2008 boosted demand. SA vehicle sales jump in MarchSA's total industry new vehicle sales increased by 20,07% year-on-year to 43 591 units in March, Naamsa said on Tuesday. SA vehicle sales jump in FebruarySA's total industry new vehicle sales increased by 20,5% year-on-year to 39 312 units in February, Naamsa said on Tuesday. Sales of new vehicles rise, recovery seenSA's new vehicle sales rose in the year to January, the first annual increase in 33 months, marking a turnaround in a sector hit by depressed demand. Sales of new vehicles plummetSales of new vehicles in May were down 34,7% year-on-year (y/y), compared with a fall of 43,1% y/y in April, figures showed on Tuesday. SA car industry in a crunch, seeks govt supportThe SA vehicle industry has approached the government for loans to help curb job losses as it struggles with a domestic and global economic downturn. January vehicle sales worst in eight yearsNew vehicle sales for January were the worst in the past eight years, the National Association of Automobile Manufacturers of SA said on Tuesday. Carmakers panic over sales gridlockNorth America is not the only significant car market affected by a recent slump in sales. SA vehicle sales downSouth African new vehicle sales fell 18,1% in September compared with the same month last year. |
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