Vehicle sales lost momentum in February rising by 1.6%, the National Association of Automobile Manufacturers of South Africa (Naamsa) said on Monday. "Following the strong start to the year, the underlying momentum had weakened slightly during the month of February, 2013," said Naamsa. In January new vehicle sales registered substantial gains growing by 14.1% compared to the 48 202 vehicles sold in January last year. Aggregate new vehicle sales at 53 220 registered an improvement of 832 … [Read more...] about Overall vehicle sales up by 1.6% in February
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Joy for VWSA and GMSA as new vehicle sales soar in January
New vehicle sales registered substantial gains in the first month of the year, growing by 14.1% compared to the 48 202 vehicles sold in January last year, said the National Association of Automobile Manufacturers of South Africa (NAAMSA). This followed on the positive sales performance seen throughout 2012. On Monday, Naamsa said that all major segments recorded double digit year-on-year growth, with new cars growing by 12.3%; light commercials by 20%; medium commercials by 10.6; heavy … [Read more...] about Joy for VWSA and GMSA as new vehicle sales soar in January
September 2012 New Vehicle Sales Significantly Down
On the back of the new vehicle sales statistics for the month of September, 2012 – released today by NAAMSA's independent statistical service provider, Messrs RGT SMART – the Association commented that following many months, during 2012, of double digit year on year growth, the September, 2012 new vehicle sales reflected a significant statistical slow down in underlying growth momentum. This could be attributed, in part, to the high base effect since last years' September new vehicle sales … [Read more...] about September 2012 New Vehicle Sales Significantly Down
NAMMSA Sales August 2012
August new vehicle sales maintained the steady growth trend of the first seven months of 2012 with sales in the major segments registering relatively decent gains compared to the corresponding month last year. August, 2012 aggregate Industry domestic sales improved by 4 844 units or 9.4% to 56 253 vehicles from 51 409 units in August last year. Total domestic sales for the eight months of calendar 2012 remained 11.3% ahead of the corresponding eight months in 2011. August, 2012 export sales at … [Read more...] about NAMMSA Sales August 2012
July vehicle sales show solid 18.3% growth
July vehicle sales showed solid gains growing by 18.3% year-on-year to 54 067 vehicles, the National Association of Automobile Manufacturers of South Africa (Naamsa) said. "The July new vehicle sales reflected another encouraging performance with sales in all the major segments registering solid gains compared to the corresponding month last year," said Naamsa on Thursday. Additionally, the total domestic sales for the seven months of 2012 were 11.6% ahead of the corresponding seven months … [Read more...] about July vehicle sales show solid 18.3% growth
Uitenhage and Sidwell Manufacturers Happy With Sales Growth
Vehicle sales in June showed a strong performance, according to the National Association of Automobile Manufacturers of South Africa (Naamsa). "The June new vehicle sales reflected another relatively solid performance with sales in all the major segments registering double digit growth compared to the corresponding month last year," said the association today. June 2012 aggregate industry domestic sales had improved by 7 015 units or 15.6% to 51 891 vehicles from 44 876 units in June … [Read more...] about Uitenhage and Sidwell Manufacturers Happy With Sales Growth
May 2012 Vehicles Sales up by over 20% on May 2011
Vehicle sales surged in May, rising by 20.7% to 50 229 from 41 625 units in May 2011, the National Association of Automobile Manufacturers of South Africa (Naamsa) said today. The 20.7% growth was above the growth rate in industry total sales of 9.4% for the first five months of the year. New car sales in May were strong at 34 820 units (including Mercedes Benz South Africa). This was an improvement of 20.8%, compared to the 28 821 new cars sold in May 2011. The strong sales were assisted … [Read more...] about May 2012 Vehicles Sales up by over 20% on May 2011
April Motor Vehicle Sales Increase by 10.5%
Vehicle sales registered relatively strong gains in April, the National Association of Automobile Manufacturers of South Africa (NAAMSA) said on Thursday. "Aggregate Industry sales had improved by 4 034 units or 10.5% to 42 617 vehicles from 38 583 units in April last year, well above the growth rate in industry total sales of 6.9% for the four months of the year," said the association. The figures were strong despite the high number of public holidays over the course of the … [Read more...] about April Motor Vehicle Sales Increase by 10.5%
New vehicle sales volumes up 4.8%
New vehicle sales in March have increased by 4.8% year-on-year to 56 110 units, the National Association of Automobile Manufacturers of South Africa (NAAMSA) announced on Tuesday. According to a statement released by NAAMSA, aggregate industry sales had improved by 2 552 units or 4.8% to 56 110 vehicles from 53 558 units in March last year. "For the time being, Mercedes?Benz South Africa (MBSA) would provide a single total sales number for passenger cars, commercial vehicles and export … [Read more...] about New vehicle sales volumes up 4.8%
Modest Vehicle Sales Growth in February
Vehicle sales in February showed modest growth compared to the same period last year, growing by 6.4%, the National Association of Automobile Manufacturers of South Africa (Naamsa) said. Aggregate industry sales improved by 3 159 units or 6.4% to 52 356 vehicles from 49 197 units in February 2011. Aggregate industry new car sales in February at 36 357 units -- which include Mercedes-Benz South Africa (MBSA) -- showed an improvement of 2 303 units compared to the 34 054 new cars sold in … [Read more...] about Modest Vehicle Sales Growth in February
VWSA and GMSA Comment on Improvement in Vehicle Sales
Vehicle sales in January, although subdued, have improved, the National Association of Automobile Manufacturers of South Africa (NAAMSA) said. "Aggregate industry sales had improved by 3 144 units or 7% to 48 251 vehicles from 45 107 units in January last year," said NAAMSA on Thursday. According to the association, the January 2012 new car market represented the highest January month in the past five years. This was due to the strong demand by car rental companies with the car rental … [Read more...] about VWSA and GMSA Comment on Improvement in Vehicle Sales
Local Automotive Firms Manufacturing Figures Drop
The Nelson Mandela Bay Big Two in automotive manufacturing have, despite a drop in units, still delivered strong comparative results - if we take the total production (domestic and export) then GMSA and VWSA account for 17 760 of the total sales of 49 499 units for October 2011 (35.87% of the total from 32 manufacturers). Now that should boost consumer and business confidence in Port Elizabeth! The National Association of Automobile Manufacturers commented that sales in all segments had … [Read more...] about Local Automotive Firms Manufacturing Figures Drop
Highest Monthly Sales Figures for Local Automotive Firms a Boost for Confidence
The Nelson Mandela Bay Big Two in automotive manufacturing (we discount engine plant manufacture here FMCSA, sorry) have both reached significant milestones in vehicle sales for September 2011 by each recording their individual highest domestic sales this year. Now that should boost consumer and business confidence in Port Elizabeth! The National Association of Automobile Manufacturers commented that sales in all segments had registered surprisingly strong gains on the corresponding month … [Read more...] about Highest Monthly Sales Figures for Local Automotive Firms a Boost for Confidence
August Vehicle Sales Improve Despite Export Sales Drop
Vehicle sales in all segments in August improved - encouragingly rising by 11.1% to reach 51 436, the National Association of Automobile Manufacturers of South Africa (NAAMSA) said on Friday 2 September. "August 2011 aggregate industry domestic sales had improved by 5 144 units or 11.1% to reach 51 436 vehicles from 46 292 vehicles sold during August last year. Total year to date domestic sales in calendar 2011 remained 14.5% ahead of the corresponding eight months in 2010," said … [Read more...] about August Vehicle Sales Improve Despite Export Sales Drop
Vehicle Sales 15 Percent up on Last Year
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
