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Naamsa: September 2019 - sales and exports see modest decline
The latest report from the National Association of Automobile Manufacturers of South Africa (Naamsa) has noted a continued slide in the performance of the overall new vehicle market in September 2019.
On the flipside, the volume passenger car segment reflected an unexpected but welcome uptick, largely supported by strong sales to the car rental industry during the month.
Naamsa confirmed that aggregate domestic sales at 49 191 units reflected a decline of 439 units or 0,9 percent from the 49 630 vehicles sold in September last year. Monthly export sales registered a modest decline compared to the high base level of the corresponding month last year, but the upward momentum remains strong.
Overall, out of the total reported industry sales of 49 191 vehicles, an estimated 37 707 units or 76,7 percent represented dealer sales, an estimated 12,6 18,9 percent represented sales to the vehicle rental industry, 3,1 percent to industry corporate fleets, and 1,3 percent to government.
The September 2019 new passenger car sales showed a welcome increase, albeit modest, by 358 cars or 1,1 percent to 33 139 units compared to the 32 781 new carrs sold in September last year. The car rental industry continued to support domestic volumes, accounting for a substantial 27,3 percent, or more than one out of every four new cars sold in September 2019.
Domestic sales of new light commercial vehicles, bakkies and mini-buses at 13 473 units during September 2019 had recorded a decline of 894 units or 6,2 percent from the 14 367 units sold during the corresponding month last year.
Sales in the medium and heavy truck segments reflected a mixed performance and at 790 units and 1 789 units, respectively, showed an increase of 97 vehicles, or an improvement of 14,0 percent, in the case of medium commercial vehicles. Sales of heavy trucks and buses registered 1 789 units, the exact same number of vehicles were sold during the corresponding month last year
www.carmag.co.za
The latest report from the National Association of Automobile Manufacturers of South Africa (Naamsa) has noted a continued slide in the performance of the overall new vehicle market in September 2019.
On the flipside, the volume passenger car segment reflected an unexpected but welcome uptick, largely supported by strong sales to the car rental industry during the month.
Naamsa confirmed that aggregate domestic sales at 49 191 units reflected a decline of 439 units or 0,9 percent from the 49 630 vehicles sold in September last year. Monthly export sales registered a modest decline compared to the high base level of the corresponding month last year, but the upward momentum remains strong.
Overall, out of the total reported industry sales of 49 191 vehicles, an estimated 37 707 units or 76,7 percent represented dealer sales, an estimated 12,6 18,9 percent represented sales to the vehicle rental industry, 3,1 percent to industry corporate fleets, and 1,3 percent to government.
The September 2019 new passenger car sales showed a welcome increase, albeit modest, by 358 cars or 1,1 percent to 33 139 units compared to the 32 781 new carrs sold in September last year. The car rental industry continued to support domestic volumes, accounting for a substantial 27,3 percent, or more than one out of every four new cars sold in September 2019.
Domestic sales of new light commercial vehicles, bakkies and mini-buses at 13 473 units during September 2019 had recorded a decline of 894 units or 6,2 percent from the 14 367 units sold during the corresponding month last year.
Sales in the medium and heavy truck segments reflected a mixed performance and at 790 units and 1 789 units, respectively, showed an increase of 97 vehicles, or an improvement of 14,0 percent, in the case of medium commercial vehicles. Sales of heavy trucks and buses registered 1 789 units, the exact same number of vehicles were sold during the corresponding month last year
Naamsa: September 2019 - sales and exports see modest decline - CAR Magazine
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