New car sales in South Africa has continued to show resilience in September 2014 despite slow economic growth and pressure on consumer disposable income. The National Association of Automobile Manufacturers of South Africa (NAAMSA) reports strong increases across all sectors when compared to the same period last year.
Here is a new car sales summary for the month of September 2014.
New Car Sales Summary – August 2014
- 60 854 aggregate new vehicle sales up by 11.5% (6 283) compared to September 2013
- 30 778 export sales up by 258% (22 180) compared to September 2013
- 42 918 passenger cars up by 7.5% (2 997) compared to September 2013
- 15 179 light commercial vehicles up by 24.7% (3 009) compared to September 2013
Click here for August 2014 New Car Sales Report
Top Selling Car Brands in South Africa for August 2014
| Brand | Total Sales | Market Penetration % |
|
12 363 | 20.4% |
|
9 967 | 16.4% |
|
7 640 | 12.6% |
|
5 513 | 9.1% |
|
4 155 | 6.9% |
Top Selling New Cars in South Africa for August 2014
| Model | Total Sales |
| 4 263 | |
|
3 907 |
|
2 629 |
| 2 320 | |
| 2 152 |
New Car Sales Outlook
Although September 2014 new car sales figures look promising, the trading environment for the balance of the year could be compromised by slowed economic growth, interest rate increases and inflation. The market is expected to decline by between 4-5%, in volume terms, compared to 2013. However, improvements in export numbers is expected for the duration of 2014 and into 2015.
