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Retail CEO Marcia Mayaba has described the impact of Covid-19 on businesses as harsh , but says the performance of the pre-owned segment has been a surprise.
South Africa s Covid-19 lockdown saw people travel less as they moved their offices into their homes. Some opted to sell their cars and rely on other means of transport, such as e-hailing services like Uber.
Fewer people travelling to their offices, and the ban on local and international tourism, impacted both the rental and new vehicle sales markets. There’s more to this story Subscribe to News24 and get access to our