Subscribe & Follow

Advertise your job vacancies

Jobs

Accounts Administrator Kempton Park

More jobs Submit a job Open account

New car sales figures waning

The momentum in new car sales seems to be waning as sales increased by 8% to 36 197 units last month according to figures released by the National Association of Automobile Manufacturers of South Africa.

5 Sep 2011

Business Report says the latest increase in new car sales represented the lowest year-on-year improvement in the past 19 months.

Nico Vermeulen, executive director of NAAMSA says that there was strong demand for new vehicles from car rental companies, which accounted for about 20% of sales, but this appeared to be waning.

Economists polled in the Business Report article indicated that analysts viewed the sustained rise in sales as positive for the automotive sector.

Read the full story in Business Report.
View the August sales figures from NAAMSA.

Top stories

From hosting the world's first human heart transplant to launching Africa's first public-sector robotic surgery programme, the Groote Schuur Hospital (GSH) in Cape Town is a testament to South Africa's pioneering medical advancements. Image credit: , , via Wikimedia Commons

Healthcare#SAPHEX2026: Insights into South Africa’s evolving healthcare landscape

Christopher Perumal 3 Jun 2026

Source: Pexels.

FinanceLiberty’s 2025 claims hit R12.63bn — but young adult deaths surge 15%

1 Jun 2026

(my)cards relaunches as Ignis Labs takes loyalty beyond the card

Retail(my)cards relaunches as Ignis Labs takes loyalty beyond the card

Tractor Outdoor 9 Jun 2026

Secuvest and ConnectGroup launch integrated retail execution solution

RetailSecuvest and ConnectGroup launch integrated retail execution solution

MegaVision Media 13 May 2026

Boxer has launched its newest division, BMedia. Pictured: (Right) Paul Coetzee, group executive: commercial, marketing, retail media and factories officially welcomes Bmedia’s head of department (left) Adrian Naidoo to the Boxer Family at Boxer’s head office in Westville, KZN (Image @ Boxer)

Marketing & MediaDiscount supermarket launches 360° retail media division

4 May 2026

Promoted

Why keeping your customers is now the smartest growth strategy

Marketing & MediaWhy keeping your customers is now the smartest growth strategy

Cristelle Snyman, Everlytic 3 days

More news

How dotsure.co.za is growing South Africa’s next generation of talent

HR & Management

How dotsure.co.za is growing South Africa’s next generation of talent

Dotsure.co.za 3 days

Media24 launches News24 All That and Netwerk24 Alles lifestyle platform

Marketing & Media

Media24 launches News24 All That and Netwerk24 Alles lifestyle platform

Media24 8 Jun 2026

Let's do Biz