How much the average person can afford to spend on a car in South Africa right now

Data from the automotive business council Naamsa shows that new vehicle sales in South Africa grew 7.6% during June 2022, to 41,019 units.

Export sales recorded an increase of 5,044 units, or 18.0%, to 33 054 units in June 2022 compared to the 28 010 vehicles exported in June 2021. Lebogang Gaoaketse, head of marketing and communications at WesBank, warned however that the new vehicle market remains volatile for many reasons, most of these beyond the control of manufacturers.

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Why the South African State Should Not Subsidise Minibus Taxi OwnersAnalysis - Millions of South Africans rely on minibus taxis to get around. Without these vehicles, people wouldn't be able to get to work, school or simply visit friends and family. Data from Statistics South Africa's Quarterly Labour Force surveys suggest that there are around 250,000 minibus taxi drivers in the country; there are likely about the same number of minibus taxis.
Source: allafrica - 🏆 1. / 99 Read more »