News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Ads & Rates

Submit content

My Account

Branding News Africa

Subscribe

Advertise your job ad
    Search jobs

    March new vehicle sales down 0.2% to 55‚363 units

    New vehicle sales in South Africa dropped by 0.2% to 55‚363 units in March compared with the same period a year earlier.
    New car sales continued to decline in March although there were some gains in the commercial vehicle markets. Image: Ratch0013
    New car sales continued to decline in March although there were some gains in the commercial vehicle markets. Image: Ratch0013 Free Digital Photos

    The National Association of Automobile Manufacturers of South Africa (Naamsa) said the consumer new car segment had recorded a year-on-year decline of 2.2% while the commercial vehicle segments had registered gains.

    Light commercial vehicle sales were up 3.7%‚ heavy commercial vehicles gained 7.6% and extra heavy trucks added 20.8%.

    "The March 2014 export sales at 24‚660 units reflected a decline of 3‚122 vehicles or a fall of 11.2% compared with the 27‚782 vehicles exported in March last year.

    Naamsa said domestic sales volumes grew by 3.2% in 2013‚ well below original Naamsa expectations of about 7.3%. This compares with an annual growth in total sales of 24.7% in 2010‚ 16.1% in 2011 and 9.0% in 2012.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    Let's do Biz