The National Association of Automobile Manufacturers of South Africa (NAAMSA) sales figures for July reveal an improvement on the corresponding month last year, but NAAMSA caution that there are clear signs of slower underlying momentum in demand for new cars. The July 2011 aggregate industry domestic sales have improved by 4 358 units or 10.5% to reach 45 703 vehicles from 41 345 vehicles sold during July last year. Total year to date domestic sales in calendar 2011 remained 15.0% ahead of the … [Read more...] about Vehicle Sales 15 Percent up on Last Year

