High tariffs and the lack of infrastructure are hampering the adoption of EVs in South Africa
Nearly half of all African vehicle sales are made in South Africa
‘In tough times, consumers tend to generally keep their cars for longer, or downgrade’
The industry association has said that sales unexpectedly dropped in August compared with figures from a year before.
Thirty-thousand workers across South Africa have brought several plants to a standstill in pursuit of a 14% annual wage increase.
South Africa’s total new vehicle sales increased by 10.5% year-on-year to 42 617 units in April with Naamsa predicting modest growth in 2012.
September’s vehicle sales rose 30% compared to the same period last year, in a boost attributed partly to low interest rates and aggressive marketing.
New vehicle sales are increasing compared to this time last year, but car manufacturers say the rising cost of living means the boom wont last.
New vehicle sales took a knock in May, the National Association of Automobile Manufacturers of South Africa has revealed.
New vehicle sales domestically improved by 23% in March, compared to the same month in 2010, Naamsa said on Monday.
SA’s new vehicle sales increased by 18,6% year-on-year in January, the National Association of Automobile Manufacturers of SA said on Wednesday.
New vehicle sales in December improved by almost 30% compared with the previous year, the National Association of Automobile Manufacturers of SA says.
South Africa’s new vehicle sales increased again in November.
New vehicle sales rose 36,9% to 46 377 year-on-year in August from 33 875 in the corresponding period in 2009.
New vehicle sales recorded a mixed performance for July 2010 with gains in new car sales but signs of weakness in new light commercial vehicle sales.
South Africa’s total industry new vehicle sales increased by 20,7% year-on-year in June to 39 931 units.
SA’s total industry new vehicle sales increased by 20,07% year-on-year to 43 591 units in March, Naamsa said on Tuesday.
There were signs of hope in the South African automotive sector for modestly better domestic sales in 2010.
November new passenger car sales figures point to ”slow but improving rates of growth during the new year”, an economist said on Wednesday.
South Africa’s total industry new vehicle sales declined by 19,5% year-on-year to 35 931 units in September, Naamsa said on Friday.
