JOHANNESBURG – South African new-vehicle sales reached 57,899 units in March, an increase of 3.0%, or 1,666 units, compared with year-ago’s 56,233, the National Association of Automobile Manufacturers of South Africa reports. New-car sales of 36,041 units declined 3.9%, or 1,455 units, from prior-year’s 37,496. “The sales figures provide further evidence that consumer demand has continued to adjust to last year’s interest-rate increases and recent car price hikes,” NAAMSA says. “These ...
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