South African consumers still have a healthy appetite for new cars, bakkies and trucks.
New vehicle sales in May improved by 20.7% to reach 50 229 units compared with the 41 625 vehicles sold in May last year. Growth for first 5 months was 9.4%.
Segment sales look as follows:
Healthy gains were made in new passenger car sales, which jumped by 20.8% to reach 34 820 units, compared with May last year. New car sales during May recorded the highest daily selling rate since June 2007.
Toyota’s new budget-market entry, the Etios, provided the company with sales figures of 1315 units in May.
The best-selling passenger car in South Africa remained the Polo Vivo and Vivo sedan, at 2 789 units, followed by the Polo, at 2 343 units.
Porsche also sold 72 vehicles locally in May.
The best-selling bakkie in the market remained the Toyota Hilux, with 2 613 units sold in May, followed by the Chevrolet half-ton bakkie, at 1 898 units.
Naamsa noted that vehicle exports into Europe would remain under pressure as a result of the recession and debt crisis in the eurozone.
The association added that the recent sharp depreciation of the rand against major currencies was likely to result in pre-emptive buying over the next few months as consumers sought to avoid the possible impact of the lower exchange rate on new vehicle prices.
New vehicle sales in May improved by 20.7% to reach 50 229 units compared with the 41 625 vehicles sold in May last year. Growth for first 5 months was 9.4%.
Segment sales look as follows:
Healthy gains were made in new passenger car sales, which jumped by 20.8% to reach 34 820 units, compared with May last year. New car sales during May recorded the highest daily selling rate since June 2007.
Toyota’s new budget-market entry, the Etios, provided the company with sales figures of 1315 units in May.
The best-selling passenger car in South Africa remained the Polo Vivo and Vivo sedan, at 2 789 units, followed by the Polo, at 2 343 units.
Porsche also sold 72 vehicles locally in May.
The best-selling bakkie in the market remained the Toyota Hilux, with 2 613 units sold in May, followed by the Chevrolet half-ton bakkie, at 1 898 units.
Naamsa noted that vehicle exports into Europe would remain under pressure as a result of the recession and debt crisis in the eurozone.
The association added that the recent sharp depreciation of the rand against major currencies was likely to result in pre-emptive buying over the next few months as consumers sought to avoid the possible impact of the lower exchange rate on new vehicle prices.
Source: http://www.engineeringnews.co.za/article/new-vehicle-sales-jump-21-vivo-hilux-still-on-top-2012-06-04
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