New-vehicle sales expands by 10.1% in May, exports up 67.5%
Domestic new-vehicle sales in May jumped by 10.1%, to 43 060 units, compared with the same month last year.
The new-passenger-car market reached 27 401 units in May – a mere 0.1% up on the same month last year.
Sales of new bakkies, vans and minibus taxis were, however, up 38.5%, to 12 825 units.
May medium-truck sales grew by 2.7%, reaching 580 units, while heavy-truck and bus sales expanded by 19.3%, to 2 254 units.
Out of the total reported industry sales, 90.2% represent dealer sales, 4.9% vehicle rental sales, 2.7% corporate fleet sales, and 2.2% government sales.
For the year-to-date, domestic new-vehicle sales are up 3%, to 218 869 units.
May export sales, at 31 437 units, showed a 67.5% gain compared with the same month last year.
Export sales in May, 2022, were, however, heavily impacted by flooding in KwaZulu-Natal.
Year-to-date export sales, at 146 985 units, are up 9.3% compared with last year.
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