MOTORING NEWS - New vehicle sales returned to the black in October, but as in September, only just, with the National Association of Automobile Manufacturers of South Africa (NAAMSA) reporting a marginal uptake of 0.2% from last year’s 51 856 units, to this year’s 51 978.

While individual segments were again mixed, new passenger vehicle sales recorded an increase for the second consecutive month with a gain of 2.5% from 35 044 to 35 904, while light commercial vehicles ended in the red by dropping 5.9% from last year’s 14 199 to 13 366 this year.

The market for medium and heavy-duty commercial vehicles both improved with the former increasing by 8.1% to settle at 839 units, while rose by 1.7% to 1 869 vehicles.

After failing to record a fifth straight rise last month, exports rose twenty percent in October from 34 125 in 2018 to 41 277 units this year.

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Article: Caxton publication, The Citizen