JOHANNESBURG – New-vehicle sales in January plunged 35.4% to 30,503 units from 47,215 year-ago. The result was the lowest January total since 2001, the National Association of Automobile Manufacturers of South Africa reports. Of January’s sales, 81.0%, or 25,695 units, were retail; 9.5% government; 4.8% rentals; and 4.7% corporate fleets. New-car deliveries plummeted 32.3% to 20,601 units from 30,439 year-ago. Factoring in sales not reported to NAAMSA, the association says the ...
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