The SA Vehicle Industry Thread

Mitsubishi SA extends all warranties, service plans through lockdown

Mitsubishi Motors South Africa says it has extended all active warranties and service plans by 21 days as the country starts its lockdown over the COVID-19 outbreak.

“We are 100 percent committed in doing our share to clamp down on the spread of the deadly coronavirus. All our Mitsubishi Motors SA dealerships, workshops and service centres will be closed for the duration of the lockdown announced by South African president Cyril Ramaphosa,” said Nic Campbell, general manager of Mitsubishi Motors SA.

“However, MMSA realises this might cause a different problem for Mitsubishi owners who need to have their vehicles serviced during this time, especially those [who] have come to the end of their vehicles’ original warranties and would have had them serviced during the lockdown period,” he said.

“We have therefore extended all active manufacturer warranties by 21 days so that owners can still have their vehicles repaired as per the policy documented and disclosed in the warranty and service book should relevant repairs be required during the lockdown,” Campbell added.

 
COVID-19: Toyota South Africa Motors announces ‘payment relief plans’

Toyota South Africa Motors’ finance division says it has devised “payment relief plans” to assist “customers and partners” who have been impacted by COVID-19.

According to Toyota Financial Services, the move is in response to the “unprecedented pandemic”.

Toyota SA’s finance arm provides a range of financial services products to the retail and corporate market in South Africa, including vehicle and asset finance, full maintenance leasing and vehicle stock funding.

“In response to the effective actions put into place by our national government, we have implemented what we believe are appropriate and ethical plans to responsibly navigate around the current situation and ensure service continuity for all our customers,” Toyota Financial Services said in a statement, before applauding the government for “taking decisive action early on and charting the course”.

Echoing an earlier statement from WesBank, Toyota Financial Services said from 1 April to 30 June 2020 it would “implement measures to provide relief to individual and business customers whose financial stability has been impacted by COVID-19”.

 
SA Market’s Biggest Winners & Losers of 2019

Which car brands did what in terms of new-vehicle sales in 2019... not in terms of total numbers, but market-share growth or loss? We dug a bit deeper to see how the manufacturers and importers on the South African market performed in 2019. This is what we found...

*figures calculated off NAAMSA sales data

By calculating the market share of each car brand in 2019 and comparing the firms' figures with those from 2018, we can get some sort of an idea as to how each manufacturer (or importer) is faring in the South African market. For our calculations, we only considered passenger vehicles (no bakkies) because not every manufacturer sells a bakkie and they are considered commercial vehicles by law. We will prepare a separate article for the "bakkie brands" later.

 
Just saw the March figures, it's terrible across all manufacturers.
 
SA car sales | Covid-19, national lockdown send new vehicle sales into downward frenzy in March

As expected, new vehicle sales took a crushing blow in March 2020. The reasoning for the poor sales was two-fold: the coronavirus that took flight across South Africa, and the national lockdown that followed it.

According to National Association of Automobile Manufacturers of South Africa (Naamsa), the global automotive industry is currently experiencing unprecedented challenges due to the global lockdowns implemented across all major auto manufacturing countries and cities to flatten the Covid-19 curve.

Overall, out of the total reported industry sales of 33 545 vehicles, an estimated 28 042 units or 83.6% represented dealer sales, an estimated 6.2% represented sales to the vehicle rental industry, 5.8% to government, and 4.4% to industry corporate fleets.

https://m.wheels24.co.za/News/SA_ve...-sales-into-downward-frenzy-in-march-20200402
 
South Africa's 10 best-selling car and LCV brands for March 2020

Naamsa has released its industry report for March 2020 but has seemingly opted to no longer show South Africa’s individual model sales figures, instead putting out only aggregate sales and export numbers.

Unfortunately, that means we’re not able to bring you our usual lists of SA’s best- and worst-selling vehicles. So, rather frustratingly, we’ll have to settle for a list of the 10 best-selling passenger car and light-commercial vehicle brands instead.

For the record, Naamsa said South Africa did not escape the “unprecedented challenges” facing the world thanks to lockdowns implemented across all major auto-manufacturing countries in an attempt to flatten the COVID-19 curve.

As expected, then, the aggregate domestic new vehicle sales numbers continued to decline on the back of the recent developments around the coronavirus and "challenging economic conditions". The new vehicle sales statistics for March 2020 reflected a "substantial decline" of 14 150 units or 29,7 percent from the 47 695 vehicles sold in March 2019 to the aggregate domestic sales of 33 545 units in March 2020.

South Africa’s 10 best-selling brands for March 2020:

1. Toyota: 8 715 units (with 4 229 exports)
2. Volkswagen Group: 5 499 units (with 8 461 exports)
3. Nissan: 2 775 units (with 130 exports)
4. Ford: 2 667 units (with 6 363 exports)
5. Hyundai: 2 245 units
6. Mercedes-Benz: 1 506 units, estimated (with 5 004 exports, estimated)
7. Renault: 1 426 units
8. Suzuki: 1 249 units
9. Isuzu: 1 224 units (with 250 exports)
10. Kia: 1 003 units

 
New Car Sales in SA: March 2020

New Car Sales Summary - March 2020

- Aggregate new vehicle sales of 33 545 units down by 29.7% (-14 150 units) compared to March 2019.
- New passenger car sales of 22 200 units down by 26.8% (-8 139 units) compared to March 2019
- New Light Commercial Vehicle (LCV) sales of 9 425 units down by 37.1% (-5 570 units) compared to March 2019.
- Export sales of 28 883 units down by 21.5% (-7 905 units) compared with March 2019.

Top 5 Best-Selling cars in South Africa for March 2020

1. Toyota Hilux - 2 729 units

2. Volkswagen Polo - 2 116 units

3. Volkswagen Polo Vivo - 1 561 units

4. Ford Ranger - 1 263 units

5. Toyota Fortuner - 1 168 units

 
South African car sales plunged in March, but worst still to come

There was never any doubt that the economic and logistical effects of the Covid-19 pandemic would have a devastating effect on new vehicle sales, and March saw the first significant slump in the market.

According to Naamsa, overall vehicle sales declined by 29.7 percent, versus the same month last year, with 33 545 units sold. As expected, export sales also declined, in this case by 21.5 percent.


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OPINION | Car buying will never be the same again

Unless you work in essential services, you're not driving much at the moment. A short journey to get the necessary food items is the most your vehicle currently does.

In time, lockdown regulations will ease, and traffic will increase.

South Africans will accumulate the mileages on their cars, and current vehicles will be traded for new ones.

But one aspect that Covid-19 might change forever is how we buy cars.

Public and retail spaces will remain environments best avoided for some time after the lockdown regulations ease.

There is no question that a lingering paranoia and anxiety will prevent people from comfortably entering commercial spaces to browse, interact or transact.

 
Interesting to note:

UK and German car sales plunge by around 40 percent

New car registrations in Britain fell by an annual 40% in March as the coronavirus crisis hit the economy and forced many would-be buyers to stay at home, preliminary data from an industry group showed on Monday.

Sales totalled around 250 000 units, making it the weakest March - typically one of the top two selling months of the year - since 1999 when bi-annual plate changes were introduced.

British Prime Minister Boris Johnson ordered a shutdown of much of the economy last month as his government sought to slow the spread of coronavirus.

March accounted for nearly 20% of total registrations in 2019 as it is one of two annual occasions when a new licence plate series is issued.

Car sales in Britain have been falling since hitting a record high in 2016. The SMMT's latest forecast, published in January, predicted a drop in full-year demand of just over 2.5% to 2.25 million cars.

Meanwhile, car sales in Germany have also collapsed amid the coronavirus epidemic, with the country registering its biggest drop in new registrations of passenger vehicles in three decades, the German Association of the Automotive Industry (VDA) said on Friday.

Many factories have stopped production due to the coronavirus outbreak. Numerous retailers have also shut down and demand has plummeted.

A total of 215 100 vehicles were newly registered in March, down 38 percent on the same month last year, according to the VDA. Over the whole first quarter of 2020, the number of new registrations fell by 20 per cent to 701 300.

 
SA's used car sales provide a glimmer of hope as Covid-19 hurts economy

There’s little positive news out there, but used car sales in South Africa during March do provide a glimmer of hope!

According to George Mienie, CEO of AutoTrader, the month began well, and was on track to sustain the ongoing positive performance of the 2020 year.Ultimately sales did slow in the last week of March, resulting in a month-on-month reduction of 13%.

Mienie comments: "But this is far from a doom and gloom story; over 33 000 used cars were sold last month. And the cumulative used car sales for March is impressive, amounting to over R10 billion, reflecting a year-on-year increase of 14%."


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Because I'm bored I decided to list the number of dealers for the above makes.
1. Toyota 194 dealers
2. VW. 119
3. Nissan. 124
4. Ford. 123
5. Hyundai. 107
6. Mercedes 55
7. Renault. 45
8. Suzuki. 43
9. Isuzu. 142
10. Kia. 74.
Source for the number of dealers is Car magazine.

Pretty much shows that the more dealers, the more sales.
 
SA car sales | These are the leading vehicle exporters

Earlier in April the National Association of Automobile Manufacturers of South Africa (Naamsa) reported the global automotive industry is currently experiencing unprecedented challenges due to the lockdowns implemented across all major car manufacturing countries and cities to flatten the Covid-19 curve.

Wheels24 reported in March that BMW, Ford and Mercedes-Benz were suspending production at their local plants respectively.


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Because I'm bored I decided to list the number of dealers for the above makes.
1. Toyota 194 dealers
2. VW. 119
3. Nissan. 124
4. Ford. 123
5. Hyundai. 107
6. Mercedes 55
7. Renault. 45
8. Suzuki. 43
9. Isuzu. 142
10. Kia. 74.
Source for the number of dealers is Car magazine.

Pretty much shows that the more dealers, the more sales.
Isuzu have more dealers than VW and Ford?
 
Isuzu have more dealers than VW and Ford?

As mentioned in my post, Car magazine states that there are 142 dealers. Remember that Isuzu dealers were formerly GM dealers and there were plenty of them around when SA was braaivleis, rugby, sunny skies and Chevrolet.
The order of Manufacturers was based on the ranking of vehicle sales for March month, I simply substituted the vehicle value with dealer representation.
 
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