JOHANNESBURG – A strong economy, coupled with low interest rates, is credited with fueling one of South Africa’s best years in terms of new-vehicle sales. The National Association of Automobile Manufacturers of South Africa (NAAMSA) says calendar 2005 saw new-vehicle sales reach 565,018 units, up 25.7% from 2004’s tally of 449,594. The total is short of the 600,000-unit mark the group was projecting for its members earlier in the year.(See related story: South African 2005 Car Sales ...
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