Subscribe to industry newsletters

Advertise on Bizcommunity

Motor trade sales up 1.9% in September

Motor trade sales -- which include sales from convenience stores -- rose by only 1.9% year-on-year (y/y) in September for the slowest y/y increase since November 2009‚ when motor trade sales declined by 0.2% y/y.
This compared with a 17.5% y/y rise as recently as May 2012‚ Statistics SA reported last week.

The increase in the first nine months of 2012 was 10.7% y/y compared with a 14.0% increase in 2011 and a 15.2% rise in 2010.

The highest growth rate was recorded for income from convenience store sales which rose by 10.9% followed by income from fuel sales (10.5%).

Seasonally adjusted motor trade sales decreased by 1.5% month-on-month in September‚ following month-on-month changes of 0.6% in August and -1.6% in July.

Seasonally adjusted motor trade sales decreased by 1.8% in the third quarter.

Source: Sapa via I-Net Bridge


I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: