New-vehicle sales expand by 14% in June, exports down 12.6%
Domestic new-vehicle sales in June increased by 14%, to 46 810 units, compared with the same month last year.
The new-passenger-car market reached 29 795 units last month – a gain of 0.8% over June last year.
The rental industry accounted for 13.4% of car sales last month.
Sales of new bakkies, vans and minibus taxis – light commercial vehicles – jumped by 57.1%, to 13 945 units.
June medium-truck sales grew by 8.2%, reaching 743 units, while heavy-truck and bus sales expanded by 19.6%, to 2 327 units.
In contrast to these positive numbers, June export sales, at 27 296 units, dropped by 12.6% compared with the same month last year.
This is an especially poor performance as June 2022 exports were heavily affected by flooding in KwaZulu-Natal.
For the first half of the year the South African new-vehicle market was up 12 284 units, or 4.8%, on the corresponding period last year, while vehicle exports were 4.7% ahead of the first half of 2022.
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