Vehicle exports surge in July, but local sales muted

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Vehicle exports surge in July, but local sales muted
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Naamsa reports a 47.3% jump in shipments, but local sales are up just 1.3% from a year earlier

SA vehicle exports expanded 47.3% year on year in July, though domestic sales were muted, according to figures released Tuesday by the National Association of Automobile Manufacturers of SA .

For the first seven months of 2023, aggregate exports were 209,900 — 10% more than the 190,871 at the same stage last year.

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