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New vehicle sales were higher in August, says the Automotive Business Council

New vehicle sales were higher in August, says the Automotive Business Council
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Here s what South Africa s vehicle sales looked like in April 2021

Here’s what South Africa’s vehicle sales looked like in April 2021 Pritesh Ruthun © Provided by Independent Online (IOL) JOHANNESBURG – “April new vehicle sales told an inspiring story of the South African motor industry’s resilience, while also providing a harsh reminder of the bleak outlook experienced a year ago,” says Lebogang Gaoaketse, the head of marketing and communication at WesBank Vehicle and Asset Finance. With April 2020 sales essentially at a standstill as motor retailers were closed, the rejuvenated picture a year later, while reassuring, remains under pressure, he says. According to the Automative Business Council (Naamsa), the new vehicle market grew 6.133.3% in April compared to April last year. However, the reality was a little more subdued when considering that April 2021’s 35 779 sales were 17.6% lower than last month – 7 649 units less than March.

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