JOHANNESBURG – South Africa new-vehicle sales totaled 50,056 units in June, a 12.1% decline from year-ago’s 56,927, the National Association of Automobile Manufacturers of South Africa reports. New-car sales fell 19.1% to 30,839 units from like-2006’s 38,115. Compared with May new-car deliveries of 31,497 units, June’s decline was a relatively modest 2.1%. NAAMSA Director Nico Vermeulen says the downturn was due to a number of factors, including higher interest rates and rising fuel ...
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