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South Africa’s top-selling SUVs Subscribe South Africa’s car market in 2020 was severely hampered by economic recession, and a year that saw the Covid-19 pandemic thwart the envisaged momentum from a 300-basis point interest rate cut during the year. Sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa) showed a substantial decline in new vehicle sales of 156,163 units, or -29.1%, from 536,612 units in 2019 to 380,449 units in 2020. “Vehicle sales are linked to the strength of the economy, and the pandemic not only deepened an existing economic recession, but its severe impact resulted in that the domestic new vehicle market in 2020 dropping back to the levels of two decades ago,” Naamsa said.

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