JOHANNESBURG – South African new-vehicle sales in September totaled 50,188 units, a 13.0% drop from year-ago’s 57,599, the National Association of Automobile Manufacturers says. The result was the sixth consecutive month of declining sales, as recent interest-rate hikes are being blamed for the slowdown. New passenger-car sales fell 14.1%, or 5,343 units, to 32,432 from year-ago’s 37,775. Compared with August, which was the best sales month for passenger cars so far this year with 37,712 ...
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