Categorized | Industry News, News

SA New Vehicle Sales Data: April 2012

 

New car vehicle sales for the month of April registered a 10.5% improvement compared to corresponding month last year with exports showing an 11% decline.

Aggregate Industry sales had improved by 4 034 units or 10.5% to 42 617 vehicles from 38 583 units in April last year well above the growth rate in Industry total sales of 6.9% for the first four months of the year.

However sales growth for the first quarter of 2012 was significantly lower compared to the first quarter of 2011 across all sectors.

Aggregate Industry new car sales during April 2012 had performed reasonably well and at 29 517 units (including MBSA) reflected an improvement of 3 190 units or 12.1 % compared to the 26 327 new cars sold during April 2011.

Including estimates for MBSA commercial vehicle sales by segment; sales of Industry new light commercial vehicles, bakkies and mini buses at 11 028 units during April, 2012 reflected an increase of 741 units or 7.2% compared to the 10 287 light commercial vehicle sales during the corresponding month last year.

Sales of vehicles in the medium and heavy truck segments of the Industry at an estimated 668 and 1 404 units, respectively, had recorded an increase of 74 units or 12.5%, in the case of medium commercial vehicles, and a rise of 29 units or 2.1%, in the case of heavy trucks and buses, compared to the corresponding month last year. For the first quarter of 2012, commercial vehicle sales had underperformed the growth in the new car market.

Exports of South African produced motor vehicles, including MBSA export sales data, during April, 2012 at 17 656 vehicles had registered a decline of 2 172 units or 11.0 % compared to the 19 828 vehicles exported during April last year.

Industry export sales were expected to improve modestly over the balance of the year as the Ford global compact vehicle export programme and the BMW new 3 series export volumes were ramped up.

However, the Industry’s overall export performance during 2012 would remain a function of the direction of the global economy. Vehicle exports into Europe remained under pressure as a result of the recession and debt crisis in the Eurozone. As a result, Industry vehicle export projections had been revised downwards and were now expected to reach about 270 000 vehicles down from 300 000 units originally projected for 2012.

Source: Naamsa

Follow me on TwitterFollow me on InstagramAdd me to your circlesRSS FeedFriend me on Facebook

New Audi TT S

Ken Block Spied Filming Gymkhana 7

@autometh On Instagram

BMW M4 with Akrapovic Exhaust

NEW 2015 Mercedes-AMG GT