JOHANNESBURG, South Africa – South African consumers are taking advantage of low interest rates and kicking car sales into high gear. Total vehicle sales for June rose 27%, to record sales of 38,188. Toyota Tazz was South Africa’s best-selling car in June. Sales for the year’s first half were 20% higher than like-2003, and if the trend continues the industry may be in for its best performance since the early 1980s. The highest sales year recorded by the industry was in 1981, when a ...
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