August new vehicle sales dive as exports post new month high

Individual segments were mixed with new passenger vehicle sales ending the month 7.6% weaker on 29 075 from 31 456, while light commercial vehicles posted a hat-trick of gains by improving 0.5% from 13 970 to 14 041.

The market for medium and heavy-duty commercial vehicles also differed with the former increasing by 6.6% to settle at 740 units, while the latter dropped by 9.6% to end the month on 1 681 units sold.

For the third straight month, exports not only soared but posted a new monthly record of 44 566 units, a jump of 37.8% from the 32 341 exported last year.

AUGUST TOP 50 BEST SELLERS

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