FiestaST
Honorary Master
Of course I don't mind. It's pasted here as this thread is seen a general car overview thread. Sales; developments etc.
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The SA Vehicle Industry Thread
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FiestaST
Honorary Master
VW is ‘going on the offensive again’, warns CEO
After reporting an increase in both sales revenue and operating profit in the first half of 2017, Volkswagen brand boss Herbert Diess has warned competitors that the automaker is “going on the offensive again”.
Although the Volkswagen Group slipped into second place in terms of global sales so far this year, the VW brand managed to deliver a little more than 2,9 million vehicles, with strong growth in the United States, South America and Russia.
In the first six months of the year, sales revenue rose by about 8% to €39,9-billion (about R610,1-billion), while operating profit was doubled, reaching €1,8-billion (approximately R27,5-billion) in the first half of the year. The board of management of the Volkswagen brand says it expects operating return on sales to be at the “upper end of the range” from 2,5 to 3,5%.
“The Volkswagen brand is on the right track. There is strong demand for our cars throughout the world and our strategic realignment is showing positive effects on business operations,” said Diess.
“We have successfully embarked on a new phase in our company. Our objective is to position Volkswagen in such a way that it is fully and completely viable for the future so that we can continue to play a leading role in the automobile world of the future,” Diess added.
Jürgen Stackmann, Volkswagen brand board member for sales, said that the company has reason to be positive heading into the second half of the year.
“In some core regions, we have recently recorded significant growth again, also as a result of our broad-based model offensive, which is being very well received by the markets. New models such as the Polo, Arteon and Tiguan Allspace give us reason to be positive about the second half of the year,” said Stackmann.
Diess added that VW’s “strategic focus” for the remainder of the year would be on the continuation of the “largest model offensive in the history of the brand”, based on the automaker’s plans to expand its SUV range to 19 models by 2020.
“We want to win market shares with new, attractive and emotional vehicles at the same time as further improving our competitiveness. We want to use the positive momentum that we can feel throughout the company and in the marketplace to step up the pace both for the realignment of the group and business operations. The Volkswagen brand is going on the offensive again,” said Diess.
http://www.carmag.co.za/news_post/vw-is-going-on-the-offensive-again-warns-ceo/
After reporting an increase in both sales revenue and operating profit in the first half of 2017, Volkswagen brand boss Herbert Diess has warned competitors that the automaker is “going on the offensive again”.
Although the Volkswagen Group slipped into second place in terms of global sales so far this year, the VW brand managed to deliver a little more than 2,9 million vehicles, with strong growth in the United States, South America and Russia.
In the first six months of the year, sales revenue rose by about 8% to €39,9-billion (about R610,1-billion), while operating profit was doubled, reaching €1,8-billion (approximately R27,5-billion) in the first half of the year. The board of management of the Volkswagen brand says it expects operating return on sales to be at the “upper end of the range” from 2,5 to 3,5%.
“The Volkswagen brand is on the right track. There is strong demand for our cars throughout the world and our strategic realignment is showing positive effects on business operations,” said Diess.
“We have successfully embarked on a new phase in our company. Our objective is to position Volkswagen in such a way that it is fully and completely viable for the future so that we can continue to play a leading role in the automobile world of the future,” Diess added.
Jürgen Stackmann, Volkswagen brand board member for sales, said that the company has reason to be positive heading into the second half of the year.
“In some core regions, we have recently recorded significant growth again, also as a result of our broad-based model offensive, which is being very well received by the markets. New models such as the Polo, Arteon and Tiguan Allspace give us reason to be positive about the second half of the year,” said Stackmann.
Diess added that VW’s “strategic focus” for the remainder of the year would be on the continuation of the “largest model offensive in the history of the brand”, based on the automaker’s plans to expand its SUV range to 19 models by 2020.
“We want to win market shares with new, attractive and emotional vehicles at the same time as further improving our competitiveness. We want to use the positive momentum that we can feel throughout the company and in the marketplace to step up the pace both for the realignment of the group and business operations. The Volkswagen brand is going on the offensive again,” said Diess.
http://www.carmag.co.za/news_post/vw-is-going-on-the-offensive-again-warns-ceo/
FiestaST
Honorary Master
SUV sales in SA: Crossovers and uber luxury vehicles
Traditional passenger car volumes might still be declining, as South African consumers adjust to disposable incomes affected by the country’s technical recession but there’s one market segment which is immune to local economic issues.
Luxury SUV sales remain incredibly robust, mirroring the econometric logic that high income buyers remain nearly unaffected by economic malaise. As the trend of SUVs and crossovers replacing traditional sedans and luxury coupes has strengthened, some startling statistics are revealed in local sales data.
Rise of the uber luxury SUV
Some brands who are introducing luxury SUV models are seeing total sales volumes double - the kind of business momentum management teams can ordinarily only dream of. Maserati and Jaguar, renowned for their grand tourers, ambitious supercars and storied motorsport histories, are the last manufacturers we ever expected would produce vehicles with five doors and sufficient ground clearance for gravel travel.
Tradition is helpless to counter trends and with customer demand for high-performance gravel travel capable SUVs remaining insatiable, Jaguar and Maserati have had no choice. Despite howls of protest from loyalists, F-Pace and Levante have proven to be inspired product ventures for both brands.
Extract the mid-year sales month data (June) and the numbers are inarguable. Jaguar markets F-Pace, F-Type, XJ and XE in South Africa. The SUV component of this product offering is now 55% of Jaguar’s total sales. An indication of the alarming extent to which this rampant demand for F-Pace has displaced the traditional vehicle configurations available, is that Jaguar sold 65 SUVs in June, and only 2 XEs. And they’re built on the same platform.
Maserati’s numbers are lower but the proportional data similar. In the sixth month of this year it sold 18 vehicles in total, of which exactly half were Levantes. Like Jaguar, the presence of an SUV has doubled sales volumes, with an amazing stimulus on dealership and distribution health.
The German brands had anticipated the rampant demand for SUVs rather expertly, and you now have product offerings where luxury gravel travellers outnumber sedans in Audi, BMW and Mercedes-Benz’s product portfolios.
Crossing over
There’s no car business, without crossing over - anymore.
Data doesn’t lie and there’s a sense that without SUVs and crossovers, many of the most renowned marques we know, those once thought immune to the eroding sales influence of luxury cars with some semblance of off-road ability, won’t survive without adapting.
Most fascinating of all is Toyota. Purveyor of bakkies, rugged SUVs and rather utilitarian sedans – you’d imagine the Japanese institution to be at peril. Trace the sales data to source, though, and there’s an astonishing discovery. Toyota sells more R1-million luxury SUVs than Land Rover, with its premium Range Rovers. Economic disorder is of no consequence to Land Cruiser 200 sales, where retail starts at essentially seven figures, in Rand.
At just shy of 100 units a month, it’s an amazing business for Toyota, no marketing, exceeding loyal customers and a vehicle which remains more biased to serious off-roading than dynamic on-road driving (which is what its price rivals are engineered to do).
When we take stock of the South African SUV demand and supply market midway through 2017, the data graphs are clear: without a luxury SUV, your premium brand doesn’t really have a future in the country of petrolheads and nearly infinite gravel routes. And almost unperceivably, Toyota is right in the game.
http://www.wheels24.co.za/News/SA_v...-crossovers-and-uber-luxury-vehicles-20170801
Traditional passenger car volumes might still be declining, as South African consumers adjust to disposable incomes affected by the country’s technical recession but there’s one market segment which is immune to local economic issues.
Luxury SUV sales remain incredibly robust, mirroring the econometric logic that high income buyers remain nearly unaffected by economic malaise. As the trend of SUVs and crossovers replacing traditional sedans and luxury coupes has strengthened, some startling statistics are revealed in local sales data.
Rise of the uber luxury SUV
Some brands who are introducing luxury SUV models are seeing total sales volumes double - the kind of business momentum management teams can ordinarily only dream of. Maserati and Jaguar, renowned for their grand tourers, ambitious supercars and storied motorsport histories, are the last manufacturers we ever expected would produce vehicles with five doors and sufficient ground clearance for gravel travel.
Tradition is helpless to counter trends and with customer demand for high-performance gravel travel capable SUVs remaining insatiable, Jaguar and Maserati have had no choice. Despite howls of protest from loyalists, F-Pace and Levante have proven to be inspired product ventures for both brands.
Extract the mid-year sales month data (June) and the numbers are inarguable. Jaguar markets F-Pace, F-Type, XJ and XE in South Africa. The SUV component of this product offering is now 55% of Jaguar’s total sales. An indication of the alarming extent to which this rampant demand for F-Pace has displaced the traditional vehicle configurations available, is that Jaguar sold 65 SUVs in June, and only 2 XEs. And they’re built on the same platform.
Maserati’s numbers are lower but the proportional data similar. In the sixth month of this year it sold 18 vehicles in total, of which exactly half were Levantes. Like Jaguar, the presence of an SUV has doubled sales volumes, with an amazing stimulus on dealership and distribution health.
The German brands had anticipated the rampant demand for SUVs rather expertly, and you now have product offerings where luxury gravel travellers outnumber sedans in Audi, BMW and Mercedes-Benz’s product portfolios.
Crossing over
There’s no car business, without crossing over - anymore.
Data doesn’t lie and there’s a sense that without SUVs and crossovers, many of the most renowned marques we know, those once thought immune to the eroding sales influence of luxury cars with some semblance of off-road ability, won’t survive without adapting.
Most fascinating of all is Toyota. Purveyor of bakkies, rugged SUVs and rather utilitarian sedans – you’d imagine the Japanese institution to be at peril. Trace the sales data to source, though, and there’s an astonishing discovery. Toyota sells more R1-million luxury SUVs than Land Rover, with its premium Range Rovers. Economic disorder is of no consequence to Land Cruiser 200 sales, where retail starts at essentially seven figures, in Rand.
At just shy of 100 units a month, it’s an amazing business for Toyota, no marketing, exceeding loyal customers and a vehicle which remains more biased to serious off-roading than dynamic on-road driving (which is what its price rivals are engineered to do).
When we take stock of the South African SUV demand and supply market midway through 2017, the data graphs are clear: without a luxury SUV, your premium brand doesn’t really have a future in the country of petrolheads and nearly infinite gravel routes. And almost unperceivably, Toyota is right in the game.
http://www.wheels24.co.za/News/SA_v...-crossovers-and-uber-luxury-vehicles-20170801
reactor_sa
Executive Member
Lol but the Toyota SUV and German SUV markets are fuelled by government MPs spending taxpayer money, and insurance companies footing the bill for hijack replacements...
FiestaST
Honorary Master
South Africa’s 10 best-selling bakkies of July 2017
The sales figures for the seventh month of 2017 are in … and there has been an interesting turn in the battle for South Africa’s best-selling bakkie.
So, exactly what happened in July? Well, the Toyota Hilux regained first place, beating the Ford Ranger by a whopping 800 units last month. That also means the Japanese bakkie moves into the lead in terms of sales in SA year-to-date.
The Nissan NP200, meanwhile, climbed two places to third, with the Nissan NP300 holding steady in fourth. The Isuzu KB thus dropped two places to fifth.
The Chevrolet Utility – which will disappear from the scene when the brand leaves the country at the end of 2017 – stayed in sixth, while the Volkswagen Amarok retained seventh, the Toyota Land Cruiser Pick-up eighth and the Nissan Navara ninth. The Mahindra Bolero again claimed the final spot on the table.
That means there’s no room for the Mahindra Scorpio Pik-Up (89), Mazda BT-50 (33), Mitsubishi Triton (24) or Fiat Fullback (22) in July.
See the top ten list below, and have a look at June’s figures here.
South Africa’s 10 best-selling bakkies of July 2017:
1. Toyota Hilux – 3 100
2. Ford Ranger – 2 300
3. Nissan NP200 – 1 376
4. Nissan NP300 – 1 251
5. Isuzu KB – 1 209
6. Chevrolet Utility – 780
7. Volkswagen Amarok – 355
8. Toyota Land Cruiser Pick-up – 228
9. Nissan Navara – 122
10. Mahindra Scorpio Bolero – 91
http://www.carmag.co.za/news_post/south-africas-10-best-selling-bakkies-of-july-2017/
The sales figures for the seventh month of 2017 are in … and there has been an interesting turn in the battle for South Africa’s best-selling bakkie.
So, exactly what happened in July? Well, the Toyota Hilux regained first place, beating the Ford Ranger by a whopping 800 units last month. That also means the Japanese bakkie moves into the lead in terms of sales in SA year-to-date.
The Nissan NP200, meanwhile, climbed two places to third, with the Nissan NP300 holding steady in fourth. The Isuzu KB thus dropped two places to fifth.
The Chevrolet Utility – which will disappear from the scene when the brand leaves the country at the end of 2017 – stayed in sixth, while the Volkswagen Amarok retained seventh, the Toyota Land Cruiser Pick-up eighth and the Nissan Navara ninth. The Mahindra Bolero again claimed the final spot on the table.
That means there’s no room for the Mahindra Scorpio Pik-Up (89), Mazda BT-50 (33), Mitsubishi Triton (24) or Fiat Fullback (22) in July.
See the top ten list below, and have a look at June’s figures here.
South Africa’s 10 best-selling bakkies of July 2017:
1. Toyota Hilux – 3 100
2. Ford Ranger – 2 300
3. Nissan NP200 – 1 376
4. Nissan NP300 – 1 251
5. Isuzu KB – 1 209
6. Chevrolet Utility – 780
7. Volkswagen Amarok – 355
8. Toyota Land Cruiser Pick-up – 228
9. Nissan Navara – 122
10. Mahindra Scorpio Bolero – 91
http://www.carmag.co.za/news_post/south-africas-10-best-selling-bakkies-of-july-2017/
Gtx Gaming
Gtx Gaming
Wonder why the ranger sales was so low. The fire-sale still going at ford lol
FiestaST
Honorary Master
Renault Nissan shoots to top of sales charts
The Renault Nissan alliance has taken over from Volkswagen Group as the world's biggest car company in sales volume.
It's the first time the French-Japanese coalition, which includes new member Mitsubishi, has topped the global sales ranking.
In the first six months of 2017 Renault Nissan sold 5.27 million vehicles around the world, beating VW's 5.15 million and Toyota's 5.13 million. General Motors, formerly the world's biggest automaker, was in fourth place with 4.7 million vehicles sold during this period.
Last year the VW Group, which includes the Audi and Lamborghini brands, became the world's top selling automaker for the first time, but if Renault Nissan maintains its performance it could take over the title at the end of the year. Renault Nissan's numbers are up due to its purchase of Mitsubushi last year, which added nearly half a million vehicle sales to the total.
Volkswagen dethroned Toyota in 2016 as the world's top selling automaker after four straight years of dominance by the Japanese brand. General Motors last topped the sales charts in 2011.
Carlos Ghosn, chief executive of the Renault-Nissan alliance, said the automaker will continue to build on its record sales. Among the models the alliance offers are the X-Trail, Altima and Qashqai, as well as the Leaf electric car.
Renault Nissan worldwide sales figures for the first six months of 2017:
Renault (including Dacia): 1 879 288 units
Nissan: 2 894 488 units
Infiniti: 125 000 units
Mitsubishi: 494 303 units
http://www.iol.co.za/motoring/industry-news/renault-nissan-shoots-to-top-of-sales-charts-10578448
The Renault Nissan alliance has taken over from Volkswagen Group as the world's biggest car company in sales volume.
It's the first time the French-Japanese coalition, which includes new member Mitsubishi, has topped the global sales ranking.
In the first six months of 2017 Renault Nissan sold 5.27 million vehicles around the world, beating VW's 5.15 million and Toyota's 5.13 million. General Motors, formerly the world's biggest automaker, was in fourth place with 4.7 million vehicles sold during this period.
Last year the VW Group, which includes the Audi and Lamborghini brands, became the world's top selling automaker for the first time, but if Renault Nissan maintains its performance it could take over the title at the end of the year. Renault Nissan's numbers are up due to its purchase of Mitsubushi last year, which added nearly half a million vehicle sales to the total.
Volkswagen dethroned Toyota in 2016 as the world's top selling automaker after four straight years of dominance by the Japanese brand. General Motors last topped the sales charts in 2011.
Carlos Ghosn, chief executive of the Renault-Nissan alliance, said the automaker will continue to build on its record sales. Among the models the alliance offers are the X-Trail, Altima and Qashqai, as well as the Leaf electric car.
Renault Nissan worldwide sales figures for the first six months of 2017:
Renault (including Dacia): 1 879 288 units
Nissan: 2 894 488 units
Infiniti: 125 000 units
Mitsubishi: 494 303 units
http://www.iol.co.za/motoring/industry-news/renault-nissan-shoots-to-top-of-sales-charts-10578448
FiestaST
Honorary Master
SA vehicle sales bounce back, Hilux on top again
Toyota's Hilux regained the sales lead from the Ford Ranger in July.
The South African new-vehicle market continued its positive performance in July with sales of 46 719 units showing a growth of 4.1 percent compared to the same month last year.
According to the latest figures released by Naamsa today, passenger car sales in particular showed a healthy resurgence, with sales of 30 826 units reflecting a growth of 6.2 percent over July 2016. Light commercials, which have buoyed the market with strong growth in recent years, showed a marginal 1.7 percent improvement in July, while medium and heavy trucks dipped by 16.1 and 3.7 percent respectively.
Out of all reported figures, an estimated 79.2 percent represented dealer sales, 13.8 went to rental fleets, 3.9 to government and 3.1 to corporate fleets.
The recent interest rate drop will offer some relief to hard-pressed car buyers, while expected exchange rate stabilisation should keep vehicle price inflation to a minimum, says Naamsa. However the association expects the overall market to remain fairly flat for 2017 with similar sales numbers to 2016.
After years of boycott from Kia and Hyundai, the Korean brands have now jumped onto the Naamsa bandwagon and will report individual sales figures going forward.
The Kia Picanto was the best seller in July from the two sister companies, with 659 sales, while other good-performing models included the Kia Rio (635), and Hyundai Grand i10 (565) and Hyundai Creta (514).
Mercedes-Benz and BMW, however, are still standing by their decision to not report individual sales.
THE NUMBERS: JULY 2017
Sales Channels
Dealerships79.2 percent
Rental industry13.8 percent
Corporates3.1 percent
Government3.9 percent
Top bakkies
Toyota Hilux3100
Ford Ranger2300
Nissan NP300 Hardbody1396
Nissan NP2001376
Isuzu KB1067
Chevrolet Utility780
Volkswagen Amarok355
Toyota Land Cruiser PU228
Popular passenger cars*
Volkswagen Polo Vivo2675
Volkswagen Polo1623
Toyota Corolla/Quest/Auris1480
Toyota Fortuner1033
Ford Fiesta998
Toyota Etios973
Ford EcoSport851
Renault Kwid799
Kia Picanto659
Datsun Go647
* Full ranking not possible as BMW and Mercedes do not report individual sales figures.
http://www.iol.co.za/motoring/industry-news/sa-vehicle-sales-bounce-back-hilux-on-top-again-10581390
Toyota's Hilux regained the sales lead from the Ford Ranger in July.
The South African new-vehicle market continued its positive performance in July with sales of 46 719 units showing a growth of 4.1 percent compared to the same month last year.
According to the latest figures released by Naamsa today, passenger car sales in particular showed a healthy resurgence, with sales of 30 826 units reflecting a growth of 6.2 percent over July 2016. Light commercials, which have buoyed the market with strong growth in recent years, showed a marginal 1.7 percent improvement in July, while medium and heavy trucks dipped by 16.1 and 3.7 percent respectively.
Out of all reported figures, an estimated 79.2 percent represented dealer sales, 13.8 went to rental fleets, 3.9 to government and 3.1 to corporate fleets.
The recent interest rate drop will offer some relief to hard-pressed car buyers, while expected exchange rate stabilisation should keep vehicle price inflation to a minimum, says Naamsa. However the association expects the overall market to remain fairly flat for 2017 with similar sales numbers to 2016.
After years of boycott from Kia and Hyundai, the Korean brands have now jumped onto the Naamsa bandwagon and will report individual sales figures going forward.
The Kia Picanto was the best seller in July from the two sister companies, with 659 sales, while other good-performing models included the Kia Rio (635), and Hyundai Grand i10 (565) and Hyundai Creta (514).
Mercedes-Benz and BMW, however, are still standing by their decision to not report individual sales.
THE NUMBERS: JULY 2017
Sales Channels
Dealerships79.2 percent
Rental industry13.8 percent
Corporates3.1 percent
Government3.9 percent
Top bakkies
Toyota Hilux3100
Ford Ranger2300
Nissan NP300 Hardbody1396
Nissan NP2001376
Isuzu KB1067
Chevrolet Utility780
Volkswagen Amarok355
Toyota Land Cruiser PU228
Popular passenger cars*
Volkswagen Polo Vivo2675
Volkswagen Polo1623
Toyota Corolla/Quest/Auris1480
Toyota Fortuner1033
Ford Fiesta998
Toyota Etios973
Ford EcoSport851
Renault Kwid799
Kia Picanto659
Datsun Go647
* Full ranking not possible as BMW and Mercedes do not report individual sales figures.
http://www.iol.co.za/motoring/industry-news/sa-vehicle-sales-bounce-back-hilux-on-top-again-10581390
FiestaST
Honorary Master
Naamsa: July 2017 – an encouraging improvement
Commenting on the new vehicle sales statistics for the month of July 2017, Naamsa said that aggregate domestic new vehicle sales had recorded an “encouraging improvement” led by new car and light commercial vehicle sales.
Medium and heavy commercial vehicle sales, however, remained under pressure, while new vehicle exports had registered strong gains during the month.
July 2017 aggregate new vehicle sales at 46 719 units had increased by 1 849 units or 4,1% from the 44 870 vehicles sold in July last year. Export sales at 35 486 vehicles had registered a gain of 6 456 units, which represented a massive improvement of 22,2% compared to the 29 030 vehicles exported in July last year.
Overall, out of the total reported industry sales of 46 719 vehicles, an estimated 36 999 units or 79,2% represented dealer sales, 13,8% represented sales to the vehicle rental industry, 3,9% to government and 3,1% to industry corporate fleets.
The July 2017 new car market reflected an encouraging turnaround and at 30 826 units had recorded a gain of 1 791 cars or an improvement of 6,2% compared to the 29 035 new cars sold in July last year. The car rental industry accounted for an estimated 18,2% of new car sales in July 2017, although it was understated since it excluded data from a number of automotive companies.
Domestic sales of industry new light commercial vehicles, bakkies and mini buses at 13 774 units during July 2017 reflected a modest gain of 231 vehicles or an improvement of 1,7% compared to the 13 543 light commercial vehicles sold during the corresponding month last year. This followed an improvement of light commercial vehicle sales in recent months.
The medium and heavy truck segments of the industry continued to experience extremely difficult trading conditions and at 598 units and 1 521 units respectively reflected a decline of 115 vehicles or 16,1% in the case of medium commercial vehicles and, in the case of heavy trucks and buses, a decline of 58 vehicles or a fall of 3,7 % compared to the corresponding month last year.
Industry new vehicle exports, as previously anticipated, at 35 486 units during July 2017 reflected a substantial increase of 6 456 units or a gain of 22,2% compared to the 29 030 vehicles exported in July last year. The momentum of vehicle exports was expected to improve further over the balance of 2017.
Naamsa added that the domestic automotive industry was holding up relatively well in the current difficult economic environment. Domestic new vehicle sales were closely correlated with the overall performance of the economy and confidence levels.
The fundamental challenge confronting the country at present was lack of confidence – on the part of business and consumers. Naamsa said concerted steps were required by business, government and labour to create a more investor-friendly environment as a means of boosting growth.
The improvement in new car sales and the strength in recent months in the light commercial vehicle segment were therefore most encouraging. The recent 25 basis points reduction in interest rates should provide some relief for hard-pressed consumers, while the progressive improvement in South Africa’s trade balance over the past two years would support the exchange rate and in turn would moderate new vehicle price inflation.
Naamsa continued to anticipate that the overall market for 2017 would probably turn out to be fairly flat at levels similar to those recorded in 2016. Vehicle exports should continue to benefit from global economic growth at about 3,5%.
http://www.carmag.co.za/news_post/naamsa-july-2017-an-encouraging-improvement/
Commenting on the new vehicle sales statistics for the month of July 2017, Naamsa said that aggregate domestic new vehicle sales had recorded an “encouraging improvement” led by new car and light commercial vehicle sales.
Medium and heavy commercial vehicle sales, however, remained under pressure, while new vehicle exports had registered strong gains during the month.
July 2017 aggregate new vehicle sales at 46 719 units had increased by 1 849 units or 4,1% from the 44 870 vehicles sold in July last year. Export sales at 35 486 vehicles had registered a gain of 6 456 units, which represented a massive improvement of 22,2% compared to the 29 030 vehicles exported in July last year.
Overall, out of the total reported industry sales of 46 719 vehicles, an estimated 36 999 units or 79,2% represented dealer sales, 13,8% represented sales to the vehicle rental industry, 3,9% to government and 3,1% to industry corporate fleets.
The July 2017 new car market reflected an encouraging turnaround and at 30 826 units had recorded a gain of 1 791 cars or an improvement of 6,2% compared to the 29 035 new cars sold in July last year. The car rental industry accounted for an estimated 18,2% of new car sales in July 2017, although it was understated since it excluded data from a number of automotive companies.
Domestic sales of industry new light commercial vehicles, bakkies and mini buses at 13 774 units during July 2017 reflected a modest gain of 231 vehicles or an improvement of 1,7% compared to the 13 543 light commercial vehicles sold during the corresponding month last year. This followed an improvement of light commercial vehicle sales in recent months.
The medium and heavy truck segments of the industry continued to experience extremely difficult trading conditions and at 598 units and 1 521 units respectively reflected a decline of 115 vehicles or 16,1% in the case of medium commercial vehicles and, in the case of heavy trucks and buses, a decline of 58 vehicles or a fall of 3,7 % compared to the corresponding month last year.
Industry new vehicle exports, as previously anticipated, at 35 486 units during July 2017 reflected a substantial increase of 6 456 units or a gain of 22,2% compared to the 29 030 vehicles exported in July last year. The momentum of vehicle exports was expected to improve further over the balance of 2017.
Naamsa added that the domestic automotive industry was holding up relatively well in the current difficult economic environment. Domestic new vehicle sales were closely correlated with the overall performance of the economy and confidence levels.
The fundamental challenge confronting the country at present was lack of confidence – on the part of business and consumers. Naamsa said concerted steps were required by business, government and labour to create a more investor-friendly environment as a means of boosting growth.
The improvement in new car sales and the strength in recent months in the light commercial vehicle segment were therefore most encouraging. The recent 25 basis points reduction in interest rates should provide some relief for hard-pressed consumers, while the progressive improvement in South Africa’s trade balance over the past two years would support the exchange rate and in turn would moderate new vehicle price inflation.
Naamsa continued to anticipate that the overall market for 2017 would probably turn out to be fairly flat at levels similar to those recorded in 2016. Vehicle exports should continue to benefit from global economic growth at about 3,5%.
http://www.carmag.co.za/news_post/naamsa-july-2017-an-encouraging-improvement/
Big fleet or government customer must have refleeted. Could even be Eskom. Toyota never had any discount campaigns that I saw, so must be a large customer that pulled the trigger.
FiestaST
Honorary Master
Good news for SA! Car sales rise, 'massive' increase in exports - Naamsa
,South Africa’s new vehicle sales grew 4.1% in July with a total of 46 719 units sold, reports the National Association of Automobile Manufacturers of South Africa (Naamsa).
Naamsa reports that domestic new vehicle sales recorded an encouraging improvement led by new car and light commercial vehicle (LCV) sales.
The organisation reports that 46 719 units sold, an increased of 1849 units or 4.1% from the 44 870 vehicles sold in July 2016.
July 2017 export sales were recorded at 35 486 vehicles, a gain of 6456 units, a massive improvement of 22.2% compared to the 29 030 vehicles exported in July last year.
Improvement all-round
Overall, out of the total reported sales of 46 719 vehicles, an estimated 36 999 units or 79.2% represented dealer sales, 13.8% represented sales to the vehicle rental Industry, 3.9% to government and 3.1% to Industry corporate fleets.
Passenger car market
The new car market in July 2017 reflects an encouraging turnaround and at 30 826 units sees a gain of 1791 cars or 6.2%, compared to the 29 035 new cars sold in July 2016. The car rental Industry had accounted for an estimated 18.2% of new car sales in July, 2017.
The rental industry share was understated since it excluded data for a number of automotive companies.
Modest improvement for bakkies
Domestic sales of industry new Light Commercial Vehicles (LCV, bakkies and mini buses at 13 774 units during July 2017, reflect a modest gain of 231 vehicles or an improvement of 1.7% compared to the 13 543 LCVs sold during the corresponding month last year.
Huge increase in exports
New vehicle exports, as previously anticipated, at 35 486 units during July 2017 reflected a substantial increase of 6456 units or a gain of 22.2% compared to the 29 030 vehicles exported in July last year. The momentum of vehicle exports was expected to improve further over the balance of 2017.
We've included a full statement by Naamsa on the outlook for the SA auto industry as well as a video showcasing vehicle sales in July 2017.
Positive outlook
Naamsa said: "The domestic automotive industry was holding up relatively well in the current difficult economic environment. Domestic new vehicle sales were closely correlated with the overall performance of the economy and confidence levels. The fundamental challenge confronting the country at present was lack of confidence - on the part of business and consumers.
"Concerted steps were required by Business, Government and Labour to create a more investor-friendly environment as a means of boosting growth. The improvement in new car sales and the strength in recent months in the light commercial vehicle segment were therefore most encouraging.
"The recent 25 basis points reduction in interest rates should provide some relief for hard pressed consumers, whilst the progressive improvement in South Africa’s trade balance over the past two years would support the exchange rate and in turn would moderate new vehicle price inflation.
"Naamsa continued to anticipate that the overall market for 2017 would probably turn out to be fairly flat at levels similar to those recorded in 2016. Vehicle exports should continue to benefit from global economic growth at about 3.5%."
http://www.wheels24.co.za/News/SA_v...e-massive-increase-in-exports-naamsa-20170801
,South Africa’s new vehicle sales grew 4.1% in July with a total of 46 719 units sold, reports the National Association of Automobile Manufacturers of South Africa (Naamsa).
Naamsa reports that domestic new vehicle sales recorded an encouraging improvement led by new car and light commercial vehicle (LCV) sales.
The organisation reports that 46 719 units sold, an increased of 1849 units or 4.1% from the 44 870 vehicles sold in July 2016.
July 2017 export sales were recorded at 35 486 vehicles, a gain of 6456 units, a massive improvement of 22.2% compared to the 29 030 vehicles exported in July last year.
Improvement all-round
Overall, out of the total reported sales of 46 719 vehicles, an estimated 36 999 units or 79.2% represented dealer sales, 13.8% represented sales to the vehicle rental Industry, 3.9% to government and 3.1% to Industry corporate fleets.
Passenger car market
The new car market in July 2017 reflects an encouraging turnaround and at 30 826 units sees a gain of 1791 cars or 6.2%, compared to the 29 035 new cars sold in July 2016. The car rental Industry had accounted for an estimated 18.2% of new car sales in July, 2017.
The rental industry share was understated since it excluded data for a number of automotive companies.
Modest improvement for bakkies
Domestic sales of industry new Light Commercial Vehicles (LCV, bakkies and mini buses at 13 774 units during July 2017, reflect a modest gain of 231 vehicles or an improvement of 1.7% compared to the 13 543 LCVs sold during the corresponding month last year.
Huge increase in exports
New vehicle exports, as previously anticipated, at 35 486 units during July 2017 reflected a substantial increase of 6456 units or a gain of 22.2% compared to the 29 030 vehicles exported in July last year. The momentum of vehicle exports was expected to improve further over the balance of 2017.
We've included a full statement by Naamsa on the outlook for the SA auto industry as well as a video showcasing vehicle sales in July 2017.
Positive outlook
Naamsa said: "The domestic automotive industry was holding up relatively well in the current difficult economic environment. Domestic new vehicle sales were closely correlated with the overall performance of the economy and confidence levels. The fundamental challenge confronting the country at present was lack of confidence - on the part of business and consumers.
"Concerted steps were required by Business, Government and Labour to create a more investor-friendly environment as a means of boosting growth. The improvement in new car sales and the strength in recent months in the light commercial vehicle segment were therefore most encouraging.
"The recent 25 basis points reduction in interest rates should provide some relief for hard pressed consumers, whilst the progressive improvement in South Africa’s trade balance over the past two years would support the exchange rate and in turn would moderate new vehicle price inflation.
"Naamsa continued to anticipate that the overall market for 2017 would probably turn out to be fairly flat at levels similar to those recorded in 2016. Vehicle exports should continue to benefit from global economic growth at about 3.5%."
http://www.wheels24.co.za/News/SA_v...e-massive-increase-in-exports-naamsa-20170801
TheChamp
Honorary Master
So no chance of seeing how the X class will fare against the others? genius...
Last edited:
FiestaST
Honorary Master
SA’s 10 best-selling passenger cars of July 2017
South Africa’s July 2017 new vehicle sales figures are in and the big news is that Kia SA and Hyundai Automotive SA have started releasing their individual model sales figures.
Of course, one must bear in mind that certain automakers – such as Mercedes-Benz and BMW – still disclose only aggregate sales statistics, but there’s no denying that this decision from the Koreans will paint a far more accurate monthly picture.
So, what happened in the seventh month of 2017? Well, Naamsa reports that aggregate new vehicle sales at 46 719 units increased by 1 849 units or 4,1% when compared to July last year. We’ve already looked at the 10 best-selling bakkies of the month, so let’s turn our attention to the top-selling passenger vehicles.
The Volkswagen Polo Vivo stayed clear at the summit, with the regular Polo retaining second place. Toyota’s combination of the Corolla, Auris and Corolla Quest (the brand reports an overall figure rather than individual model sales) likewise held onto third place, with the Toyota Fortuner also holding steady in fourth spot.
After a significant dip in sales in June, the Ford Fiesta returned to the table to snaffle fifth in July, pushing the Toyota Etios down one place to sixth. The Ford EcoSport, meanwhile, climbed one to seventh, forcing the Renault Kwid down two to eighth (despite the latter enjoying a particularly strong month).
The new Kia Picanto made its debut on our list in ninth place, while the Datsun GO again closed out the table.
Other bits and bobs
So, anything else noteworthy from July? Well, Fiat’s best performer was the 500 with 47 units registered, while Ford enjoyed strong contributions from the Everest (359), Figo (354) and Focus (249). Interestingly, the soon-to-be-facelifted Kuga bounced back with 261 units.
The Corsa (108) was the best-selling Opel for the month, with the Spark (110) managing the same feat for the soon-to-depart Chevrolet brand. The BR-V (122), meanwhile, was the only Honda to break into three figures.
And what about Hyundai? Well, all members of the Korean automaker’s core range contributed, with the Grand i10 (565), Creta (514), Tucson (435), i20 (439) and Accent (327) all coming to the party. The soon-to-be-discontinued i10 added another 280 units, while the Elantra weighed in with 169 and the H1 with 96 units. The only models stuck in single figures were the Santa Fe (8), i30 (7) and Veloster (3).
Jaguar’s strongest performer was again the F-Pace (49), while the Discovery (131) fulfilled that role for sister brand Land Rover. The Kia Rio (635), meanwhile, only just missed out on a top-ten spot, with the Sportage (62) the next in line. Contributions from other models such as the Cerato (19), Sorento (11), Soul (11) and Grand Sedona (6) were not quite as impressive.
The new CX-5 (342) again proved Mazda’s best seller, although the CX-3 (298), Mazda3 (234) and Mazda2 (203) weren’t too far behind. Mitsubishi, meanwhile, could manage just 46 units across the brand, faring worse than Peugeot (71).
The Nissan Almera (406) returned a solid figure, while Porsche’s main contributor was again the Cayenne (49). After the Kwid, the Sandero (469) was Renault’s strongest model, while the Clio (362), Captur (228), Kadjar (197) and Duster (146) all added to the French brand’s total of 2 226 units.
The new Subaru XV added 59 units, while the Suzuki Ignis came in at 76 units. The Toyota RAV4 fell out of the table in July, but still managed a credible 641 units for the month. The recently updated Yaris (242) and new C-HR (161) also impressed.
Audi shifted 35 units of its little Q2, along with 319 units from its A3 range. The new Q5 snuck in with 128 units, while the Volkswagen Golf (483) found itself outside of the top ten. The Tiguan (371) and Up! (277), meanwhile, enjoyed strong performances. And Volvo’s best seller in July? None other than the XC90, with 51 units…
See the top ten table below (and have a look back at June’s figures here):
South Africa’s 10 best-selling passengers cars of July 2017:
Volkswagen Polo Vivo – 2 675
Volkswagen Polo – 1 623
Toyota Corolla/Auris/Quest – 1 480
Toyota Fortuner – 1 033
Ford Fiesta – 998
Toyota Etios – 973
Ford EcoSport – 851
Renault Kwid – 799
Kia Picanto – 659
Datsun GO – 647
http://www.carmag.co.za/news_post/sas-10-best-selling-passenger-cars-of-july-2017/
South Africa’s July 2017 new vehicle sales figures are in and the big news is that Kia SA and Hyundai Automotive SA have started releasing their individual model sales figures.
Of course, one must bear in mind that certain automakers – such as Mercedes-Benz and BMW – still disclose only aggregate sales statistics, but there’s no denying that this decision from the Koreans will paint a far more accurate monthly picture.
So, what happened in the seventh month of 2017? Well, Naamsa reports that aggregate new vehicle sales at 46 719 units increased by 1 849 units or 4,1% when compared to July last year. We’ve already looked at the 10 best-selling bakkies of the month, so let’s turn our attention to the top-selling passenger vehicles.
The Volkswagen Polo Vivo stayed clear at the summit, with the regular Polo retaining second place. Toyota’s combination of the Corolla, Auris and Corolla Quest (the brand reports an overall figure rather than individual model sales) likewise held onto third place, with the Toyota Fortuner also holding steady in fourth spot.
After a significant dip in sales in June, the Ford Fiesta returned to the table to snaffle fifth in July, pushing the Toyota Etios down one place to sixth. The Ford EcoSport, meanwhile, climbed one to seventh, forcing the Renault Kwid down two to eighth (despite the latter enjoying a particularly strong month).
The new Kia Picanto made its debut on our list in ninth place, while the Datsun GO again closed out the table.
Other bits and bobs
So, anything else noteworthy from July? Well, Fiat’s best performer was the 500 with 47 units registered, while Ford enjoyed strong contributions from the Everest (359), Figo (354) and Focus (249). Interestingly, the soon-to-be-facelifted Kuga bounced back with 261 units.
The Corsa (108) was the best-selling Opel for the month, with the Spark (110) managing the same feat for the soon-to-depart Chevrolet brand. The BR-V (122), meanwhile, was the only Honda to break into three figures.
And what about Hyundai? Well, all members of the Korean automaker’s core range contributed, with the Grand i10 (565), Creta (514), Tucson (435), i20 (439) and Accent (327) all coming to the party. The soon-to-be-discontinued i10 added another 280 units, while the Elantra weighed in with 169 and the H1 with 96 units. The only models stuck in single figures were the Santa Fe (8), i30 (7) and Veloster (3).
Jaguar’s strongest performer was again the F-Pace (49), while the Discovery (131) fulfilled that role for sister brand Land Rover. The Kia Rio (635), meanwhile, only just missed out on a top-ten spot, with the Sportage (62) the next in line. Contributions from other models such as the Cerato (19), Sorento (11), Soul (11) and Grand Sedona (6) were not quite as impressive.
The new CX-5 (342) again proved Mazda’s best seller, although the CX-3 (298), Mazda3 (234) and Mazda2 (203) weren’t too far behind. Mitsubishi, meanwhile, could manage just 46 units across the brand, faring worse than Peugeot (71).
The Nissan Almera (406) returned a solid figure, while Porsche’s main contributor was again the Cayenne (49). After the Kwid, the Sandero (469) was Renault’s strongest model, while the Clio (362), Captur (228), Kadjar (197) and Duster (146) all added to the French brand’s total of 2 226 units.
The new Subaru XV added 59 units, while the Suzuki Ignis came in at 76 units. The Toyota RAV4 fell out of the table in July, but still managed a credible 641 units for the month. The recently updated Yaris (242) and new C-HR (161) also impressed.
Audi shifted 35 units of its little Q2, along with 319 units from its A3 range. The new Q5 snuck in with 128 units, while the Volkswagen Golf (483) found itself outside of the top ten. The Tiguan (371) and Up! (277), meanwhile, enjoyed strong performances. And Volvo’s best seller in July? None other than the XC90, with 51 units…
See the top ten table below (and have a look back at June’s figures here):
South Africa’s 10 best-selling passengers cars of July 2017:
Volkswagen Polo Vivo – 2 675
Volkswagen Polo – 1 623
Toyota Corolla/Auris/Quest – 1 480
Toyota Fortuner – 1 033
Ford Fiesta – 998
Toyota Etios – 973
Ford EcoSport – 851
Renault Kwid – 799
Kia Picanto – 659
Datsun GO – 647
http://www.carmag.co.za/news_post/sas-10-best-selling-passenger-cars-of-july-2017/
FiestaST
Honorary Master
Car sales better than expected
New car and light commercial vehicle sales achieved encouraging positive growth last month. However, sales of medium and heavy commercial vehicles declined in line with the economic downturn.
Azar Jammine, the chief economist at Econometrix, said the new passenger vehicle sales figures for last month were better than expected and reasonably encouraging from a consumer spending perspective.
Figures released on Tuesday revealed cumulatively new vehicle sales increased last month by 4.1 percent, which is 46719 units as compared to the 44870 vehicles sold in July last year.
Sales of new cars improved year-on-year by 6.2 percent to 30826 units and light commercial vehicles, bakkies and mini buses by 1.7 percent to 13774 units.
Nico Vermeulen, the director of the National Association of Automobile Manufacturers of South Africa (Naamsa), said the vehicle rental industry last month accounted for an estimated 18.2 percent of new car sales, but its share was understated because it excluded data for a number of automotive companies.
Jammine said new car sales last month were being compared with very low sales base in July last year but Econometrix had been expecting lower sales growth.
He said the recent decrease in interest rates would have assisted new vehicle sales in the past 10 days because it would have reduced fears among car buyers that they might be caught off guard by a rise in interest rates.
Sales of medium commercial vehicles dropped by 16.1 percent to 598 units and heavy truck and bus sales by 3.7 percent to 1521 units.
Jammine said overall the new vehicle sales once again confirmed that the economy was not collapsing although it was clearly weak, as indicated by the reduction in commercial vehicles sales.
This was linked to a loss in confidence and businesses cutting back on their capital investment, he said.
Kamilla Kaplan, an economist at Investec, said the new vehicle sales outcome was in line with the evidence derived from the Bureau for Economic Research (BER) second quarter retail survey, which showed that new vehicle traders were cautiously optimistic that conditions might improve in the third quarter or that the rate of contraction in sales volumes would ease.
Kaplan said the medium commercial vehicle segment was often associated with the wholesale and retail market and the under performance and 16.1 percent year-on-year contraction in sales suggested there was little expectation of a meaningful increase in consumer spending or in general business activity in coming months.
She said the fourth consecutive month of contraction in heavy commercial vehicle sales suggested there was weak investment demand.
Kaplan added that year-on-year new vehicle sales could improve further in coming months after three consecutive years of contraction because of low statistical base factors.
However, Kaplan said the underlying performance of vehicle sales was expected to remain relatively subdued in line with only a modest lift in GDP growth in the region of 0.5 this year from 0.3 percent last year.
Rudolf Mahoney, the head of brand and communications at WesBank, said the performance of the new vehicle market last month could be attributed to positive changes in the underlying fundamentals in the market.
Mahoney said WesBank saw this in their data, where the demand for new vehicle finance increased 9 percent in the past month.
He attributed this improvement to the steady decline in household debt levels over the past 24 months, a marginal increase in the disposable incomes of households and a decline in new vehicle price inflation.
“Combined, these factors will be conducive to new vehicle sales and positive consumer sentiment,” he added.
http://www.iol.co.za/business-report/car-sales-better-than-expected-10590395
New car and light commercial vehicle sales achieved encouraging positive growth last month. However, sales of medium and heavy commercial vehicles declined in line with the economic downturn.
Azar Jammine, the chief economist at Econometrix, said the new passenger vehicle sales figures for last month were better than expected and reasonably encouraging from a consumer spending perspective.
Figures released on Tuesday revealed cumulatively new vehicle sales increased last month by 4.1 percent, which is 46719 units as compared to the 44870 vehicles sold in July last year.
Sales of new cars improved year-on-year by 6.2 percent to 30826 units and light commercial vehicles, bakkies and mini buses by 1.7 percent to 13774 units.
Nico Vermeulen, the director of the National Association of Automobile Manufacturers of South Africa (Naamsa), said the vehicle rental industry last month accounted for an estimated 18.2 percent of new car sales, but its share was understated because it excluded data for a number of automotive companies.
Jammine said new car sales last month were being compared with very low sales base in July last year but Econometrix had been expecting lower sales growth.
He said the recent decrease in interest rates would have assisted new vehicle sales in the past 10 days because it would have reduced fears among car buyers that they might be caught off guard by a rise in interest rates.
Sales of medium commercial vehicles dropped by 16.1 percent to 598 units and heavy truck and bus sales by 3.7 percent to 1521 units.
Jammine said overall the new vehicle sales once again confirmed that the economy was not collapsing although it was clearly weak, as indicated by the reduction in commercial vehicles sales.
This was linked to a loss in confidence and businesses cutting back on their capital investment, he said.
Kamilla Kaplan, an economist at Investec, said the new vehicle sales outcome was in line with the evidence derived from the Bureau for Economic Research (BER) second quarter retail survey, which showed that new vehicle traders were cautiously optimistic that conditions might improve in the third quarter or that the rate of contraction in sales volumes would ease.
Kaplan said the medium commercial vehicle segment was often associated with the wholesale and retail market and the under performance and 16.1 percent year-on-year contraction in sales suggested there was little expectation of a meaningful increase in consumer spending or in general business activity in coming months.
She said the fourth consecutive month of contraction in heavy commercial vehicle sales suggested there was weak investment demand.
Kaplan added that year-on-year new vehicle sales could improve further in coming months after three consecutive years of contraction because of low statistical base factors.
However, Kaplan said the underlying performance of vehicle sales was expected to remain relatively subdued in line with only a modest lift in GDP growth in the region of 0.5 this year from 0.3 percent last year.
Rudolf Mahoney, the head of brand and communications at WesBank, said the performance of the new vehicle market last month could be attributed to positive changes in the underlying fundamentals in the market.
Mahoney said WesBank saw this in their data, where the demand for new vehicle finance increased 9 percent in the past month.
He attributed this improvement to the steady decline in household debt levels over the past 24 months, a marginal increase in the disposable incomes of households and a decline in new vehicle price inflation.
“Combined, these factors will be conducive to new vehicle sales and positive consumer sentiment,” he added.
http://www.iol.co.za/business-report/car-sales-better-than-expected-10590395
Gtx Gaming
Gtx Gaming
Scary that the datsun go is in the top 10 lol
handyman007
Expert Member
- Joined
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Wonder why people prefer the VW Vivo rather than the Toyota Corolla Quest?
shooter69
Expert Member
Not really. You get what you pay for yes, but in this case you do not pay a lot(in todays car price terms) and since we are in recession/Junk status many people can not afford to pay premium to drive premium.