The National Automobile Manufacturers Association of South Africa (NAAMSA) reports that new vehicle sales showed consolidation on the back of strong sales in October 2014. Here is a new car sales summary for the month of November 2014.
New Car Sales Summary – November 2014
- 51 098 aggregate new vehicle sales up by 0.9% (468 units) compared to November 2013
- 28 021 export sales up by 9.9% (2 519 units) compared to November 2013
- 33 278 passenger car sales down by 2.5% (845 units) compared to November 2013
- 15 076 light commercial vehicle sales up by 10.8% (1 468 units) compared to November 2013
Top Selling Car Brands in South Africa
| Brand | Total Sales | Market Penetration % |
|
9 986 | 19.5% |
|
7 491 | 14.7% |
|
6 332 | 12.4% |
|
4 742 | 9.3% |
|
4 166 | 8.2% |
Top Selling New Cars in South Africa
| Model | Total Sales |
|
3 054 |
|
2 897 |
| 2 285 | |
| 1 781 | |
| 1 749 |
New Car Sales Outlook
NAAMSA maintains a conservative outlook for new car sales going into 2015. The trading environment, particularly at franchise dealer level, remains difficult due to subdued economic growth, past increases in interest rates and above inflation new vehicle price increases. Export numbers are expected to improve going into 2015 with stability in industry vehicle production volumes.
