, especially now that some more affordable EVs such as the ORA Good Cat will be coming to South Africa.Domestic sales of new light commercial vehicles, bakkies and mini-buses at 10,622 units during January 2023 recorded an increase of 998 units, or a gain of 10,4%, from the 9,624 light commercial vehicles sold during January 2022.
The January 2023 exports sales number at 20,536 units reflected a decline of 367 vehicles, or 1,8%, compared to the 20,903 vehicles exported in January 2022. The weak performance of the new vehicle market during the first month of the year is in line with expectations of a depressed economy along with ongoing structural problems and cost of living increases.
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