New-vehicle sales continue decline, exports also slip
New-vehicle sales in October declined by 8.6%, to 54 244 units, compared with the same month last year, continuing the downwards trend evident in the last number of months.
New-vehicle sales had dropped by 9% in September, 8.2% in August, 6.1% in July and 4.8% in June.
Sales numbers released by the Department of Trade and Industry on Monday showed that new passenger car sales declined by 10.9% in October, to 36 175 units.
Sales of new light commercial vehicles, bakkies and minibuses, at 15 171 units, fell by 4.1%, while sales of medium trucks, at 1 064 units, jumped by 11.2%.
New heavy truck and bus sales declined by 6.1%, to 1 834 units.
Vehicle exports, which had thus far maintained positive momentum, dropped by 13.9% to 27 732 units.
Export numbers were muted owing to the production ramp-up at the Pretoria plant of the new Ford Ranger, which had just been launched, commented the National Association of Automobile Manufacturers of South Africa (Naamsa).
“Significant Ford export numbers are expected to materialise over the next few months.”
However, warned Naamsa, “vehicle exports reported by various other manufacturers had also registered declines, which suggested the advent of a possible slowdown in global markets".
Top-selling Cars and Bakkies in October:
1. Volkswagen Polo Vivo 3 170
2. Toyota Corolla/Auris/Quest 2 769
3. Ford Ranger 2 740
4. Toyota Hilux 2 639
5. Volkswagen Polo 2 320
6. Chevrolet Utility 1 947
7. Nissan NP200 1 845
8. Toyota Etios 1 478
9. Isuzu KB 1 376
10. Toyota Quantum 1 256
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
