Ricochet News

April sales slide as exports continue up

April sales slide as exports continue up

The National Association of Automobile Manufacturers of South Africa (NAAMSA) has reported a second consecutive decline in the sale of new vehicles during April, with exports continuing to rise.

Aggregate sales came to 44 503 units, a decline of 1 513 units from the same time last year, and considerably down from the 55 449 sold in March this year. The various segments also showed a drop with sales of passenger vehicles falling 1.9% from 30 778 in 2014 to 30 184, while commercials went down 6.0% from 12 851 to 12 077.

Similarly, the market for medium and heavy duty commercial vehicles also registered decline of 4.7% and 6.8% respectively. In comparison however, exports for April rose 40.5% to 23 615 units from the 16 802 recorded in 2014.