Total new-vehicle sales of 218,869 units are 3.0% higher than the same period last year
New-vehicle sales in May overcame economic headwinds to record an encouragingaccording to motor industry body Naamsa.interest rate hikes, the rand weakening, supply chain disruption and rising inflation, said Naamsa CEO Mikel Mabasa.han the corresponding month in 2022, driven mostly by light commercial vehicles which rose 38.5%. Passenger cars rose 0.1%, medium commercials 2.7% and heavy trucks 19.3%.Year-to-date, total new-vehicle sales of 218,869 units are 3.
Vehicle exports in May 2023 were 31,437 units for a record gain of 67.5% compared with May 2022, boosted by the new-generation Ford Ranger and VW Amarok bakkies coming on stream at Ford’s Silverton plant. It came off a low base in May 2022 when vehicle exports were affected by the severe floods in KwaZulu-Natal which caused the temporary closure of Toyota’s Prospecton factory and affected the automotive supply chain.Naamsa said another positive note was 14.
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