Demand for new cars remains weak – SA manufacturers association

The National Association of Automobile Manufacturers of South Africa said on Monday that underlying demand conditions for new vehicles in South Africa remain weak.

In terms of new passenger cars, the market had registered a decline of 942 cars in June, or a fall of 3,2 percent to 28,885 units compared to the 29,827 new cars sold in June last year. Domestic sales of new light commercial vehicles, bakkies and mini-buses at 14,495 units during June 2019 had recorded a modest increase of 173 units or a gain of 1.2 percent from the 14,322 light commercial vehicles sold during the corresponding month last year.

“However, some vehicle segments showed signs of an improvement during the month and bodes well for an anticipated better second half of the year performance.”

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