new cars

South Africa's new vehicle sales market continued deteriorating in October 2016. The latest aggregated sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa) show total industry sales of 48 745 new vehicles – a year-on-year decline of 10.1%. Year-to-date, the industry is down 11.2%, with sales of 459 486 new vehicles, compared to 517 152 new vehicles sold for the same period last year. Overall demand has slowed across all vehicle segments, with passenger … [Read more...] about Sales of new cars continues downward trend