The SA Vehicle Industry Thread

SA’s best-selling automakers in March 2024

South Africa’s new-vehicle market suffered its 8th straight month of year-on-year decline in March 2024. Here’s your overview, including Mzansi’s most popular brands…

Yes, the weak performance continues. March 2024 was the South African new-vehicle industry’s 8th consecutive month of year-on-year decline, with total market sales falling 11.7% to 44 237 units. That figure furthermore represented a 1.1% drop compared with February 2024’s effort.

The bad news even extended to the export market, which suffered a 27.1% year-on-year decline to 24 161 units in March 2024. According to Naamsa, the market’s overall performance was impacted by a “constrained business environment amplified by weak consumer demand” as well as the recent Easter holidays (the latter resulting in fewer trading days).

Unfortunately, the picture isn’t much rosier year to date. For the first quarter of 2024, for instance, South Africa’s aggregate new-vehicle sales stood at 131 201 units, some 5.3% below the corresponding 3-month period in 2023.

New-vehicle sales summary for March 2024

- Aggregate new-vehicle sales of 44 237 units decreased by 11.7% (5 877 units) compared to March 2023.
- New passenger-vehicle sales of 26 577 units decreased by 15.9% (5 024 units) compared to March 2023.
- New light-commercial vehicle sales of 14 870 units decreased by 4.3% (672 units) compared to March 2023.
- Export sales of 24 161 units decreased by 27.1% (8 975 units) compared to March 2023.

10 best-selling automakers in South Africa in March 2024

1. Toyota – 11 109 units

2. Volkswagen Group – 5 219 units

3. Suzuki – 4 335 units

4. Nissan – 3 995 units

5. Isuzu – 2 587 units

6. Hyundai – 2 436 units

7. Ford – 2 409 units

8. GWM – 1 564 units

9. Chery – 1 531 units

10. Renault – 1 301 units

 
Nissan Navara sales shock as March sees bakkie boom for four brands

March was not a good month for the overall new vehicle market, which contracted by a significant 11.7% year-on-year.

A total of 44,237 vehicles were sold last month, according to Naamsa, a decline of 5,877 units versus March 2023. Although the Easter weekend took an additional sales day out of the equation this year, overall consumer demand remains weak, the industry association said.

Passenger cars took the biggest plunge, falling 15.9% year-on-year to 26,577 units, while the light commercial and bakkie sector fell by just 4.3% to 15,542 units.

However certain bakkie manufacturers enjoyed a bumper month, particularly Nissan, which sold 2,277 Navaras in March, a 407% increase over the previous month’s 449 units. This is the first time since its launch as a locally manufactured product in 2021 that the Navara has breached 1,000 monthly sales, let alone the 2,000 mark.

It remains to be seen whether this is a one-off or a sign of what’s to come from the Navara. The company is currently in the process of discontinuing the smaller NP200 half-tonner, which found 1,113 homes in March. The Navara’s export figure of 622 units was also above average, with Nissan currently expanding its reach to countries like Algeria and Libya.

30 best-selling vehicles in South Africa: March 2024

1. Toyota Hilux - 3,104
2. Nissan Navara - 2,277
3. Isuzu D-Max - 2,095
4. Toyota Corolla Cross - 2,041
5. Ford Ranger - 1,954
6. Volkswagen Polo Vivo - 1,933
7. Suzuki Swift - 1,433
8. Hyundai Grand i10 - 1,309
9. Toyota Starlet - 1,258
10. Nissan NP200 - 1,113
11. Chery Tiggo 4 Pro - 975
12. Volkswagen Polo - 959
13. Toyota Fortuner - 926
14. Mahindra Scorpio Pik-Up - 744
15. Toyota Hi-Ace - 684
16. Toyota Vitz - 595
17. GWM P-Series - 591
18. Suzuki Baleno - 544
19. Kia Sonet - 526
20. Haval Jolion - 519
21. Nissan Magnite - 468
22. Volkswagen T-Cross - 466
23. Toyota Urban Cruiser - 456
24. Toyota Land Cruiser PU - 454
25. Suzuki Ertiga - 430
26. Volkswagen Amarok - 421
27. Renault Triber - 412
28. Suzuki Fronx - 404
29. Chery Tiggo 7 Pro - 402
30. Renault Kiger - 385

 
With Ford's large dealer network, and no doubt heavy sales weighting in GP and WC, smaller dealers in the rest of the country must be bleeding. Ford has a massive small car problem with no short or medium term fix in sight!
I have been thinking more about this.

With their sales numbers, Toyota and VW must make an absolute killing from F&I add on's, not to mention finance house kickbacks. The more volume, the more F&I like on road costs, pre inspection charges BS etc. F&I is massive GP for car sales.

Without "cheapies" to boost sales numbers, Ford dealer principals must be super bleak.

I guess that's why our local Ford dealership has now onboarded Proton and Mahindra in the hope of those brands filling the gaps left by Fiesta, Ecosport and Figo.
 
These are SA’s most popular used vehicles by fuel-type

As the world’s automotive industry stands at a crossroads, motorists have never been so spoilt for choice when it comes to their vehicle’s propulsion system.

Alternative energy vehicles such as hybrid and electric cars are no longer a far-flung concept but a reality, as car buyers begin to embrace the reduction of emissions and pollutants.

Although new sales of new fully electric vehicles grew by over 80% in 2023, they still accounted for less than 0.2% over the overall market.

That share, albeit off a small base is likely to grow rapidly over the coming years and we’re also seeing a great deal of interest in EVs on the used market, with Auto Trader data showing a 132% increase in sales last year of vehicles listed on its platform.

However, when viewing the most sold used cars by fuel-type in 2023, we can see that South Africans are still one with their diesel bakkies.


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10 best-selling bakkies in South Africa: March 2024

Brace for a massive surprise in 2nd place! Here’s your monthly look at South Africa’s best-selling (and least-popular) bakkies for March 2024…

In March 2024, South Africa’s new-vehicle market suffered its 8th consecutive month of year-on-year decline, with total sales falling 11.7% to 44 237 units. Even the usually robust light-commercial vehicle (LCV) space wasn’t spared, with registrations here dropping 4.3% year on year to 14 870 units.

So, what happened on the list of South Africa’s best-selling bakkies? Well, the Prospecton-built Toyota Hilux range – which recently welcomed 6 new mild-hybrid derivatives, with the widebody GR Sport III waiting patiently in the wings, too – was yet again the country’s most popular bakkie line-up, with 3 104 units sold.

10 best-selling bakkies in South Africa for March 2024

1. Toyota Hilux – 3 104 units

2. Nissan Navara – 2 277 units

3. Isuzu D-Max – 2 095 units

4. Ford Ranger – 1 954 units

5. Nissan NP200 – 1 113 units

6. Mahindra Pik Up – 744 units

7. GWM P-Series – 591 units

8. Toyota Land Cruiser 79 – 454 units

9. Volkswagen Amarok – 421 units

10. GWM Steed – 76 units

 
10 best-selling bakkies in South Africa: March 2024

Brace for a massive surprise in 2nd place! Here’s your monthly look at South Africa’s best-selling (and least-popular) bakkies for March 2024…

In March 2024, South Africa’s new-vehicle market suffered its 8th consecutive month of year-on-year decline, with total sales falling 11.7% to 44 237 units. Even the usually robust light-commercial vehicle (LCV) space wasn’t spared, with registrations here dropping 4.3% year on year to 14 870 units.

So, what happened on the list of South Africa’s best-selling bakkies? Well, the Prospecton-built Toyota Hilux range – which recently welcomed 6 new mild-hybrid derivatives, with the widebody GR Sport III waiting patiently in the wings, too – was yet again the country’s most popular bakkie line-up, with 3 104 units sold.

10 best-selling bakkies in South Africa for March 2024

1. Toyota Hilux – 3 104 units

2. Nissan Navara – 2 277 units

3. Isuzu D-Max – 2 095 units

4. Ford Ranger – 1 954 units

5. Nissan NP200 – 1 113 units

6. Mahindra Pik Up – 744 units

7. GWM P-Series – 591 units

8. Toyota Land Cruiser 79 – 454 units

9. Volkswagen Amarok – 421 units

10. GWM Steed – 76 units

Wait a minute, how did The Nissan Navara go from selling 200 units to 2000 units, or did some corporation buy a fleet of Navaras?
 
Wait a minute, how did The Nissan Navara go from selling 200 units to 2000 units, or did some corporation buy a fleet of Navaras?
You know every 4-5yrs, there are tons of bakkies driving around with massive speakers on and they are yellow, green and black?

That's my guess...
 
VW invests R4bn to build new small SUV in SA from 2027

Volkswagen has announced a fresh R4-billion investment in its South African operations, chiefly to manufacture a new small SUV at Kariega from 2027…

Volkswagen has announced a fresh R4-billion investment in its Kariega facility in the Eastern Cape, which is set to start producing a new small SUV from 2027. The as-yet-unnamed model is expected to be sold in South Africa as well as exported to other African markets.

In addition, Volkswagen Group Africa confirmed that its Kariega factory would become the sole manufacturer of the Polo hatchback worldwide from July 2024. As a reminder, the plant also produces the prolonged-lifecycle Polo Vivo hatch for the local market.

 
Volkswagen confirms production of new SUV in SA with R4 billion investment

Volkswagen has announced an investment of R4 billion for its South African manufacturing plant in the Eastern Cape.

The German carmaker said the majority of the investment would be centred around preparing the Kariega plant to build a third model range from 2027 onwards.

VWSA has previously indicated that it was pushing to secure production of this “third model” but Tuesday’s announcement all but confirms that the project has been given the go-ahead.

The company confirmed that the new compact SUV model was being developed in Brazil, and that a South African engineering team was involved in the process to ensure the vehicle is adapted to local and continental requirements.

The new SUV will be based on the current Polo’s MQB AO platform and will also share a production line with its hatchback sibling.

 
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