The SA Vehicle Industry Thread

Wow, didnt know Fiat sell their bakkies that well in South America. Hence, makes sense to discontinue the RHD market altogether
 
Car inflation slowing, but buyers still going for cheaper cars

New vehicle prices are rising slower than general inflation, but consumers are still spending less money on cars, and they’re buying older second hand models.

These are just some of the insights revealed by TransUnion’s Vehicle Pricing Index for the second quarter of 2019.

According to the report, the Vehicle Pricing Index (VPI) for new vehicles increased from 2.6 percent in the first quarter of the year to 3.1 percent in Q2, while the VPI for used vehicles fell from 2.5 percent to one percent. Of course, this doesn’t mean that vehicle prices are coming down, just that the increases are taking place at a slower rate versus other consumer items.

The report also points out that the bulk of buying activity currently happens in the used market, with the used-to-new vehicle ratio (as measured by finance applications) increasing to 2.16 in Q2 2019 from 2.05 during the same period last year.

It’s interesting to note that only six percent of used vehicles that were financed were nearly-new demo models, while only 34 percent were less than two years old - a sure indication that consumers are increasingly opting for older vehicles.

Buyers are also spending less on cars, with the percentage of cars finance below R200 000 dipping back to the same level seen six years ago, meaning that purchasing power in real terms has actually decreased significantly.

https://www.iol.co.za/motoring/indu...-buyers-still-going-for-cheaper-cars-30068084
 
SA car-buyers making 'clear shift' back to sub-R200k vehicles

The TransUnion SA Vehicle Pricing Index (VPI) for the second quarter of 2019 shows South African car-buyers are making “a clear shift back to vehicles under R200 000”.

The VPI measures the relationship between the increase in vehicle pricing for new and used vehicles from a basket of passenger vehicles, which incorporates fifteen top volume manufacturers.

In its latest quarterly report, TransUnion SA said the local vehicle market “continues to struggle, with the bulk of the buying activity currently taking place in the used car sector as financially stretched consumers increasingly opt for older cars at lower price points”.

The firm’s figures show the number of new and used vehicles financed have fallen 7,0 percent and 2,0 percent respectively quarter-on-quarter. This despite the VPI for new and used vehicle pricing remaining below inflation, with used vehicle pricing increases at their lowest since Q2 2014.

The new vehicle VPI moved to 3,1 percent in Q2 2019 from 2,6 percent in Q1, while the used vehicle index fell sharply from 2,5 percent to 1 percent.

The latest VPI report showed the used-to-new vehicle ratio had increased from 2,05 in 2018 Q2 to 2,16 in 2019 Q2 (meaning 2,16 used vehicles were financed for every new vehicle financed). The make-up of used vehicle sales is also shifting, says TransUnion, with 34 percent of used vehicles financed under two years old, and 6,0 percent of those being ex-demo models (indicating consumers are opting for older vehicles as pressure on disposable income increases).

https://www.carmag.co.za/news/indus...aking-clear-shift-back-to-sub-r200k-vehicles/
 
Here's the average monthly cost of motoring in South Africa in 2019

WesBank says the average cost of motoring in South Africa continues to “rise steadily”, with the latest figure sitting at nearly R8 000.

The firm’s monthly mobility basket, which comprises vehicle instalments, fuel, insurance and maintenance fees, has risen to R7 851,39. This is 3,0 percent higher than 2018’s figures, and 28 percent higher than five years ago when monthly costs amounted to R6 144,22.

The total mobility basket comprises all the fees that are involved with vehicle ownership: a monthly instalment, the insurance premium, fuel and maintenance fees. WesBank says these expenses are “regularly updated to reflect inflation, interest rates and other fluctuating costs”, and are based on an “average entry-level vehicle” that travels approximately 2 500 km per month.

https://www.carmag.co.za/news/indus...hly-cost-of-motoring-in-south-africa-in-2019/
 
South Africa's 10 best-selling bakkies of July 2019

Well, the Toyota Hilux – bolstered by the arrival of the GR-Sport and Legend 50 derivatives – remained at the very top of the table, with the updated Ford Ranger (including the flagship Raptor) again having to settle for second place (after the first seven months of 2019, the Japanese bakkie finds itself a full 8 912 units ahead of its Blue Oval rival).

Also read: SA’s 10 best-selling bakkies in the first half of 2019

Meanwhile, the Nissan NP200 remained in third, with the Isuzu D-Max – having late in 2018 switched from the KB badge – just seven units behind in fourth (its final figure comprised 1 692 units of the D-Max and 31 units of the KB). The Nissan NP300/Hardbody held steady in fifth.

South Africa’s 10 best-selling bakkies of July 2019:

1. Toyota Hilux – 2 996
2. Ford Ranger – 2 217
3. Nissan NP200 – 1 730
4. Isuzu KB/D-Max – 1 723
5. Nissan NP300/Hardbody – 1 166
6. Mahindra Pik-Up – 287
7. Toyota Land Cruiser Pick-up – 263
8. Volkswagen Amarok – 252
9. GWM Steed – 188
10. Nissan Navara – 90

https://www.carmag.co.za/news/industry-news/south-africas-10-best-selling-bakkies-of-july-2019/
 
Naamsa: July 2019 – sales continue to decline while exports grow

The National Association of Automobile Manufacturers of South Africa (Naamsa) said the new vehicle sales declining trend continued into July 2019, with lower passenger car sales again partially offset by growth in all of the commercial vehicle segments.

Reflecting on the new vehicle sales statistics for the month of July 2019, Naamsa confirmed aggregate domestic sales at 46 077 units reflected a decline of 1 779 units or 3,7 percent from the 47 856 vehicles sold in July 2018. The upward momentum on the export side continued to register substantial growth of 6 216 vehicles, or a gain of 22,1 percent with the 28 081 vehicles exported in July last year.

Overall, out of the total reported industry sales of 46 077 vehicles, an estimated 36 974 units or 80,2 percent represented dealer sales, an estimated 14,0 percent represented sales to the vehicle rental industry, 3,6 percent to industry corporate fleets and 2,2 percent to government.

The July 2019 new passenger car market had registered a decline of 2 617 cars or a fall of 8,2 percent to 29 477 units compared with the 32 094 new cars sold in July last year. The car rental industry’s contribution accounted for a substantial 19,7 percent of new car sales in July 2019.

https://www.carmag.co.za/news/indus...sales-continue-to-decline-while-exports-grow/
 
The total of passenger car sales by dealer was 22091 and the total sales to rental companies was 5793.
That sounds scary to me. I wonder if those rental sales would also include sales to Uber and Taxi fleets.
I realise that they are, in the strict sense of the word, not rental but the ratio does seem to be disproportionate.

Looking at it from another angle: Let us assume that there is not much growth in car rental business, as there is very little growth in business in general. For instance tourism is down, especially foreign visitors, being winter and all. This means that car rental companies must be replacing their fleet and therefore this industry is putting about 5,000 used vehicles into the used car market. (I've allowed for the balance of 800 odd to be smashed or written off for some or other reason, perhaps stolen!)
There was a scheme where the manufacturers would supply cars to the large rental companies on a guaranteed buy-back deal many years ago so this means that the manufacturer is sitting with a shitload of used vehicles. There was also a deal offered where the car rental companies would sign up for a commitment to purchase an agreed amount of cars per month so it means that they have to offload good stock.
I don't think that these deals still exist so where are all the ex rental cars going to?.

Nissan reported 834 passenger sales by dealers and 812 passenger sales to rental companies.
The other very unusual seller of passenger vehicles is Isuzu. Of the 96 passenger sales (being Isuzu MU X), 40 were reported as rental sales.
 
South Africa's 10 best-selling passenger cars of July 2019

According to Naamsa, July 2019's new vehicle industry sales came in at 46 077 units, representing a fall of 3,7 percent, year on year. Here’s what happened in the seventh month of the year in the passenger vehicle segment...

As always, it’s interesting to take a look at what’s going on in terms of individual model sales. We’ve already examined the figures and picked out the 10 best-selling bakkies for the month, and now it’s time to do the same with the passenger vehicle market.

Take note that while BMW has started reporting individual model sales figures again, some brands such as Mercedes-Benz, Porsche and Haval continue to provide only aggregate data.

So, what happened in July 2019? Well, the Volkswagen Polo Vivo held onto the top spot, with the Polo hatch again having to settle for second place (for the record, the local arm of the German firm also sold 436 examples of its Polo sedan).

The Hyundai i20, meanwhile, made the biggest gains of the month, rocketing from eighth place all the way up to third. The Ford EcoSport climbed one to fourth, with the Toyota Fortuner thus being forced down two places to fifth.

Kia’s Picanto returned to the table to grab a strong sixth, while the Renault Kwid dropped three spots to seventh. The Toyota Etios moved up one place to eighth, while the Hyundai Grand i10 returned to the table to take ninth. The Suzuki Swift, meanwhile, made an appearance to snatch the final spot on the list and help the local arm of the Japanese firm to a record month (with 1 484 passenger vehicles registered, and 1 577 units in total).

South Africa’s 10 best-selling passenger cars of July 2019:

1. Volkswagen Polo Vivo – 2 621
2. Volkswagen Polo – 2 076
3. Hyundai i20 – 863
4. Ford EcoSport – 839
5. Toyota Fortuner – 810
6. Kia Picanto – 800
7. Renault Kwid – 768
8. Toyota Etios – 762
9. Hyundai Grand i10 – 654
10. Suzuki Swift – 635

https://www.carmag.co.za/news/indus...-10-best-selling-passenger-cars-of-july-2019/
 
SEE: Toyota Hilux sales slump in July yet it remains SA's best-selling bakkie

Though the Toyota Hilux ended July 2019 as the best-selling bakkie in SA, its sales figure was substantially lower than the previous month.

Though it retained its position as the country’s favourite bakkie, its sales figure of 2996 units is someway off the 4770 sold just a moth prior.

https://m.wheels24.co.za/NewModels/...t-it-remains-sas-best-selling-bakkie-20190802

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VW Polo Vivo, Hyundai i20, Toyota Fortuner - SA's best-selling cars

The VW Polo Vivo retained its position as SA’s favourite passenger car despite July 2019 proving to be tough month for new vehicle sales.

The Vivo managed to secure a sales figure of 2621 units, according to Naamsa, to also place it as SA’s second best-selling vehicle for the month after the Toyota Hilux.

https://m.wheels24.co.za/NewModels/...oyota-fortuner-sas-best-selling-cars-20190802

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Local car sales continue to drop yet we're still exporting thousands of cars each month

The National Association of Automobile Manufacturers of South Africa (Naamsa) reports that new vehicle sales continued to decline in July 2019, with lower passenger car sales again been offset by growth in all commercial vehicle segments.

Naamsa confirmed that aggregate domestic sales at 46 077 units reflected a decline of 1779 units or 3.7% from the 47 856 vehicles sold in July last year.

The upward momentum on the export side continued to register substantial growth of 6 216 vehicles, or a gain of 22.1%, compared to the 28 081 vehicles exported in July last year.

Overall, out of the total reported industry sales of 46 077 vehicles, an estimated 36 974 units or 80.2% represented dealer sales, an estimated 14.0% represented sales to the vehicle rental industry, 3.6% to industry corporate fleets, and 2.2% to government.

https://m.wheels24.co.za/News/Indus...porting-thousands-of-cars-each-month-20190802

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South Africa's 50 top selling vehicles: July 2019

South Africa’s new vehicle market continues to sag, with July 2019 seeing a 3.7 percent year-on-year decline, to 47 856 units.

However, despite it being a strong month for rental sales, it was passenger cars that took the big hit, declining by 8.2 percent versus July last year, while light commercial vehicle sales actually grew by 2.9 percent. Furthermore, the medium commercial market saw a 14.9 percent improvement and the heavies grew by a substantial 21.4 percent.

50 TOP SELLING VEHICLES: JULY 2019

1 Toyota Hilux 2996
2 Volkswagen Polo Vivo 2621
3 Ford Ranger 2217
4 Volkswagen Polo 2076
5 Nissan NP200 1730
6 Isuzu D-Max / KB 1723
7 Toyota Hi-Ace 1520
8 Nissan NP300 Hardbody 1166
9 Hyundai i20 863
10 Ford EcoSport 839
11 Toyota Fortuner 810
12 Kia Picanto 800
13 Renault Kwid 768
14 Toyota Etios 762
15 Hyundai Grand i10 654
16 Suzuki Swift 635
17 Toyota Corolla Quest 608
18 Volkswagen Tiguan 595
19 Toyota Rav4 584
20 Renault Sandero 581
21 Datsun Go 548
22 Ford Figo 523
23 Toyota Avanza 518
24 Nissan Almera 466
25 BMW 3 Series 456
26 Volkswagen Polo Sedan 436
27 Toyota Yaris 425
28 Hyundai Tucson 356
29 Mazda CX-3 354
30 Mazda CX-5 351
31 Volkswagen Golf 308
32 Kia Rio 300
33 Nissan X-Trail 297
34 Renault Duster 287
35 Mahindra Scorpio Pik-Up 287
36 Toyota Land Cruiser PU 263
37 Ford Everest 258
38 Volkswagen Amarok 252
39 Ford Fiesta 257
40 Suzuki Celerio 255
41 Hyundai Creta 252
42 Kia Sportage 250
43 Renault Clio 229
44 Mahindra KUV 223
45 Hyundai H100 Bakkie 216
46 Mazda2 213
47 Toyota Corolla 211
48 Toyota CH-R 199
49 Nissan Micra Active 198
50 GWM Steed 188

https://www.iol.co.za/motoring/indu...as-50-top-selling-vehicles-july-2019-30218792
 
Dealers must be sweating so hard right now.

4 Porsche dealerships outselling Fiat, Alfa and Jeep (40+ dealerships) by 22 %. And Peugeot (24 dealerships) by 31 %. Subaru by 95 % (18 dealerships). Tick tock.
 
Perspective:

June 2007 nearly 57k combined vehicles sold. 38k passenger vehicles. Not a record breaking month.
3 series in 2012 would average about 950 per month - this is the earliest I can find per model stats for.
Polo vivo 4047 in Jan 2013. Polo 2790.
 
SA's 12 worst-selling passenger cars (under R500k) of July 2019

The monthly Naamsa stats generally make for rather interesting reading. But, naturally, we tend to focus on the best-performing vehicles in terms of sales. Indeed, we’ve already reported the 10 best-selling passenger vehicles of July 2019, as well as listed the 10 best-selling bakkies in our market for the same period. But now we’ve decided to take a look at the worst-selling passenger car models on our shores.

Of course, we must point out that some automakers (such as Mercedes-Benz) disclose only aggregate sales statistics. Also, take note that – in order to make this list more relevant – we’ve excluded vehicle ranges that start at more than R500 000. Otherwise, this table would be dominated by luxury manufacturers such as Bentley, Ferrari and Maserati, whose high-priced vehicles traditionally sell in tiny numbers.

The addition, we don’t count sales from run-out stock of vehicles that have been officially discontinued locally (if the vehicle in question is no longer listed on the manufacturer’s local site, we won’t include it in the list below). And we’ve also heeded the call to include model ranges that failed to sell a single unit.

So, what happened in the seventh month of 2019? Well, the Toyota Prius again failed to attract a single buyer, with no examples of the Alfa Romeo Giulietta sold during July either. The Abarth 595 range, Fiat 500X and Suzuki Grand Vitara, meanwhile, each registered one unit.

SA's 12 worst-selling passenger cars (under R500k) of July 2019

Alfa Romeo Giulietta – 0
Toyota Prius – 0
Abarth 595 – 1
Fiat 500X – 1
Suzuki Grand Vitara – 1
Subaru Impreza – 2
Honda Brio – 5
Mini Convertible – 5
Fiat Panda – 6
Jeep Renegade – 6
GWM M4 – 7
Mahindra Thar – 7

https://www.carmag.co.za/news/indus...ling-passenger-cars-under-r500k-of-july-2019/
 
New Car Sales In SA: July 2019

According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), the declining sales trend persisted during the month of July 2019. Take a look at the new car sales summary below…

2019 has been a tough year for the local car market with retractions being a common theme every month. July was no different and in the event, aggregate domestic sales declined by 3.7% while the passenger car market shrunk by 8.2%.

However, on the positive side, export sales surged by 21.1% and Light Commercial Vehicle (LCV) sales improved by 2.9%.

Ghana Msibi, WesBank Executive Head of Motor commented, “While the small interest rate cut during July was warmly welcomed by industry and consumers alike, it may take some more incentive from the Reserve Bank to jump-start the economy and entice consumers back into the new vehicle market. While small, its effects will be enjoyed by household incomes in the longer term, but another cut before the end of the year would be welcome and effective.”

https://www.cars.co.za/motoring_news/new-car-sales-in-sa-july-2019/47168/
 
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