Here are the top sellers for January
It has been a less-than-stellar start to the year due to unfavourable economic conditions, but here's this month's top five selling vehicles.
The new year kicked off with the eighth consecutive interest rate hike and yet another climb in fuel prices, let alone the seemingly worsening state of load-shedding.
“All these factors continue to place pressure, not only on the economy as a whole, but very practically on the households and livelihoods of consumers,” says Lebogang Gaoaketse, the head of marketing and communications at WesBank. “Yet, although interest rates are now above pre-pandemic levels and inflation remains high, the new vehicle market continues to recover.”
Passenger car sales increased 2.9% to 31 072 compared to January last year. The dealer performance in the sector was softer, increasing 1.6% to 24 918 sales given the strong performance of the rental market, with 5 041 sales during the month.
In typical fashion, powerhouse Toyota claimed three of the spots in the statistics,
Top five selling vehicles in January 2023:
- Toyota Hilux – 2 769
- Toyota Corolla Cross – 2 042
- Toyota Starlet – 2 037
- Suzuki Swift – 1 499
- Isuzu D-Max – 1 273
Source: CAR Mag
