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Alternative vehicle financing to become more important in SA

Rental, private leasing, and rent-to-buy are seen as alternative financing options to address South Africa’s vehicle affordability problem. ....

Western Cape , South Africa , South Africans , South African , Lee Naik , Transunion Africa , Export Manual , Suzuki Auto , Haval Motors South Africa ,

Imports from China, India surge as cash-strapped consumers seek cheaper cars

The domestic new-vehicle market saw a surge in imports from India and China last year, with buyers increasingly opting for cheaper imported cars than those made in South Africa. India led the import market in 2019, with 106 000 units coming to South Africa, with China at number six, at 11 443 units. ....

South Africa , United Kingdom , South African , Polo Vivo , Norman Lamprecht , Automotive Industry Export Council , European Union , Export Manual , Volkswagen Polo ,