Used car market shows signs of life amid overall decline

  • 📰 BoksburgNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

General News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Breaking Stories

Despite a -9.6% year-on-year decline, the used car market remains active. Toyota, Volkswagen, and Ford continue to dominate, although all three brands experienced slight decreases.Nissan's surge: Moved up two positions in the rankings, indicating growing popularity.

Suzuki's Swift: Saw a significant +21.7% increase in sales, likely due to its affordability and fuel efficiency. Compact bakkies in demand: The discontinued Nissan NP200 saw a massive +43.9% increase, suggesting a shortage of new options in this segment. Mercedes-Benz and BMW: Luxury brands faced a decline, possibly reflecting a shift towards more affordable options. Toyota FortunerDespite the overall decline, the used car market remains resilient. The demand for affordable, reliable vehicles continues to drive sales, particularly for models like the Suzuki Swift and Nissan NP200.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 40. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines