September new vehicles sales register significant decline

BY CHARL BOSCH - OCTOBER 1, 2015

The National Association of Automobile Manufacturers of South Africa (NAAMSA) has recorded the biggest decline in the sales of new vehicles this year during September, with exports continuing to post gains.

Aggregate total domestic sales were down 9.0% to 55 322 units from the 60 782 recorded over the same period last year. Individual segments showed mixed results however with the sales of passenger vehicles falling 13.2% from last year’s 42 965 units to 37 309, while light commercial vehicles posted a 0.3% increase from 15 076 to 15 121.

Declines were also posted in the market for medium and heavy duty commercial vehicles with the former down 1.3% and the latter 8.9%. Exports continued to post gains with an increase of 14.3% from 30 079 to 35 181 units.