Categorized | Industry News, News

SA New Vehicle Sales Data: Feb 2012

SA New Vehicle Sales Data: Feb 2012

The National Association of Automobile Manufacturers of South Africa (NAAMSA), reported aggregate Industry sales had improved by 3 159 units or 6.4% to 52 356 vehicles from 49 197 units in February last year.

Due to the discontinued participation of Mercedes-Benz South Africa in the SA automotive industry’s domestic new vehicle sales and export stats as a result of global directive by Daimler AG in Germany, for the time being, Mercedes-Benz South Africa (MBSA) would provide a single total sales number for passenger cars, commercial vehicles and export sales.

Aggregate Industry new car sales during February 2012 at 36 357 units (including MBSA) reflected an improvement of 2 303 units or 6.8 % compared to the 34 054 new cars sold during February 2011. The new car market had received support from car rental Industry demand which accounted for about 10.5 % of total new car sales.

Industry total commercial vehicle sales during February, 2012 at 15 999 units showed an improvement of 856 units or 5.7% compared to the 15 143 units of the corresponding month last year.

Exports of South African produced motor vehicles, including MBSA export sales data, during February, 2012 at 22 630 vehicles had registered a decline of 2 525 units or 10.0 % compared to the 25 155 vehicles during February last year.

The outlook for 2012 in terms of total industry sales remained one of modest growth.

Some of the factors seen to lend support to the domestic part include:

  • The ongoing improvement in the financial position of consumers,
  • Relatively low interest rates,
  • Continuing improvement in vehicle affordability in real terms,
  • The highly competitive trading environment and new model introductions.

As a result, domestic sales were expected to continue to reflect growth, but at a relatively subdued rate.

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