New vehicle sales end May on a downer

In a first thus far, individual segments were largely negative with new passenger vehicle sales falling 1.4% from 26 548 to 26 170, while light commercial vehicle sales dropped by a substantial 13.0% from 14 013 to 12 197.

For only the second time this year, medium and heavy duty commercial vehicle sales were mixed with the former increasing by a scant 0.3% to settle at 681 units, while the latter fell by 14.7% to end the month on 1 458 units.

Having posted increase throughout the first four months, exports nosedived in May for the first time this year, with sales contracting by 8.8% from 32 716 to 29 850.

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