JOHANNESBURG – South African new-vehicle sales fell 23.4% in May to 39,533 units from 51,628 year-ago, the National Association of Automobile Manufacturers of South Africa reports. Passenger-car deliveries dropped 28.1% to 22,647 units from 31,497 in like-2007. The industry continued to be adversely affected by rising interest rates, price hikes and public holidays. “The South African new-car market has been under severe pressure for some time now, and trading conditions worsened ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.