AUTOFORUM

Load shedding makes its mark on car sales

Mar, 08 2019, 07:17

As load shedding rocked consumer and business confidence in February, new vehicle sales continued to shed volume, with industry sales down 3,016 units compared to February 2018 according NAAMSA.

Consumer Award winners announced

Jan, 30 2019, 07:27

The Wesbank-powered 2018/19 Cars.co.za Consumer Awards announced its tops achievers in late January, concluding the fourth event since its inception.

Wesbank forecasts 1.0% new vehicle sales decline for 2019

Jan, 25 2019, 03:58

According to Wesbank, 2019 will see SA's new vehicle sales decline 1.0%, news that was delivered by the financier's CEO Chris de Kock at the 2019 Cars.co.za Consumer Awards.

Sales up year-on-year in October

Nov, 02 2018, 07:37

According to aggregate sales data from the National Automobile Association of South Africa, new vehicle sales were up 1.7% year-on-year with 51 866 units sold in October.

Average cost of motoring up 14%

Aug, 22 2018, 10:02

According to the latest results from Wesbank, South Africa's average costs of motoring has increased by approximately R940, or 14% in the last year.

July sales up 2.6%

Aug, 02 2018, 09:01

South Africa’s total new vehicle sales were up by 2.6% year-on-year in July, with 47 881 units sold versus 46 671 in the corresponding month last year.

2018 SA Festival Of Motoring highlights include NAAMSA Conference

Jun, 11 2018, 07:11

One of the many highlights of the 2018 South African Festival of Motoring, presented by WesBank, will be the NAAMSA automotive conference - "Paths to the Future".

Wesbank: Year-on-year recovery encouraging, but not growth

Jun, 05 2018, 07:16

“Coming off the poor performance of the industry in 2017, the year-on-year recovery is encouraging,” commented Ghana Msibi, WesBank’s Executive Head for Sales and Marketing. “It’s important to not misinterpret the recovery as growth.”

Sales up year on year, but down month on month

May, 03 2018, 01:22

Irregularity in new vehicle sales numbers continues to contribute to market uncertainty. April’s sales of 36 346 units reflect a 3.6% year on year growth, while at the same time showing a dramatic month on month decline of 26.2%.

Sales slightly up, despite holidays in March

Apr, 04 2018, 03:00

Despite fewer selling days in March due to public holidays, the new vehicle industry made an upward swing, with a total of 49 233 new vehicles sold reflecting a growth of 1.1% year on year.