https://newsletter.en.creamermedia.com
Automotive|Business|Export|Rental|Transnet
Automotive|Business|Export|Rental|Transnet
automotive|business|export|rental|transnet

New-vehicle sales, exports accelerated in October

18th November 2022

By: Irma Venter

Creamer Media Senior Deputy Editor

     

Font size: - +

Domestic new-vehicle sales in October increased by 11.4%, to 45 966 units, compared with the same month last year.

The new-passenger-car market reached 30 597 units in October – a 10.4% jump on the same month last year.

The car rental industry accounted for 17.4% of car sales, as the leisure industry continued to gear up for the summer holidays.

Sales of new bakkies, vans and minibus taxis expanded by 14.3%, to 12 738 units.

October medium-truck sales grew by 29.9%, reaching 769 units, while heavy-truck and bus sales increased by 3.7%, to 1 862 units.

New-vehicle exports soared by 16.1%, to 29 508 units.

Year-to-date vehicle export numbers are now 14.4% ahead of the corresponding period last year.

Naamsa | The Automotive Business Council notes that exports continued their upward momentum during October, despite the disruptions caused by the Transnet port strike.

“Despite weaker global demand, due to major advanced economies around the world entering a new era of persistent and structurally higher inflation, vehicle exports remain on track to reach a level of well over 300 000 units.”

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (08/11/2024)
8th November 2024 By: Martin Creamer
Magazine round up | 08 November 2024
Magazine round up | 08 November 2024
8th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.738 0.837s - 171pq - 2rq
Subscribe Now