New vehicle sales record marginal recovery in October

New vehicle sales returned to the black in October, but as in September, only just, with the National Association of Automobile Manufacturers of South Africa (NAAMSA) reporting a marginal uptake of 0.2% from last year’s 51 856 units, to this year’s 51 978.

While individual segments were again mixed, new passenger vehicle sales recorded an increase for the second consecutive month with a gain of 2.5% from 35 044 to 35 904, while light commercial vehicles ended in the red by dropping 5.9% from last year’s 14 199 to 13 366 this year.

The market for medium and heavy-duty commercial vehicles both improved with the former increasing by 8.1% to settle at 839 units, while rose by 1.7% to 1 869 vehicles.

After failing to record a fifth straight rise last month, exports rose twenty percent in October from 34 125 in 2018 to 41 277 units this year.

OCTOBER TOP 100 BEST SELLERS

For more news your way, download The Citizen’s app for iOS and Android.