Naamsa
latest news & developments
More cars were bought in past three months compared to the same period in 2022
A pause in the interest rate hiking cycle in July led to an increase in motor trade sales for the month
Declining new vehicle sales reflect overburdened middle class
In addition to inflation and high interest rates, the real value of salaries declined by 2.9% in 2022 and are set to drop by 0.8% this year
More people bought cars in December 2022 than a year before
Motor trade sales increased by 16.6% in December with the biggest contributors being new vehicle sales, fuel sales and workshop income
Fill ’er up with manganese
If metal in metal-free fuel sounds crazy, it is – courtesy of the energy department
Ten working days lost to traffic jam
Each year the average South African loses R7 100 in productivity because they’re stuck in traffic, according to navigation company TomTom.
South Africa’s economic growth slows to four-year low
South Africa’s GDP growth has been only 0.7% in the third quarter of 2013, the slowest pace in more than four years.
BMW labour woes hit hard
BMW has lost 13 000 cars in production, missed supply targets and taken a decision to stop expansion into South Africa following the four-week strike.
Naamsa: Strike in auto sector could affect investment
South Africa’s automotive industry will see less investment in manufacturing if labour disputes continue, according to the carmakers’ association.
Motor-vehicle plants disrupted as workers strike
Thirty-thousand workers across South Africa have brought several plants to a standstill in pursuit of a 14% annual wage increase.
SA vehicle sales growth seen slowing to four-year low
South African vehicle sales growth will probably ease to the slowest pace since the 2009 recession this year because of a weaker economy.
SA’s April vehicle sales up 8%
New vehicle sales rose by 8% year-on-year in April to 38 566 units, the National Association of Automobile Manufacturers said on Wednesday.
New vehicle sales robust, buyers opting for fixed rates
Affordability looks good, but beware long finance contract periods — try to buy a vehicle you can pay off quickly.
Vehicle sales up, prices should remain stable
Vehicle sales are up, but South Africans are showing a preference for more affordable cars.
How the new carbon tax will affect you
How much will you be forking out for the latest government tax when you buy a new car?
Vehicle industry employment levels remain under pressure
Motor vehicle industry employment levels remained under pressure during the first quarter of 2009, Naamsa said on Friday.