OPINION | March sales figure of 50 000 new vehicles sold is good for SA consumers' peace of mind | Wheels

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New vehicle sales broke through a threshold last experienced in October 2019: over 50 000 new vehicle sold! | Wheels24

October 2019 was the last time the local market saw such strong sales figures.For more motoring stories, visit Wheels24

March was a long selling month and the end of the fiscal year for many companies and organisations. Still, few industry commentators could have expected an aggregate figure of 50 607 units, 16.5% higher than March 2021 and the highest monthly total since pre-pandemic October 2019. The retail dealer channel was responsible for 85.8% of sales, which was encouraging as many dealers are still short of stock, both new and used.

 

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