Subscribe & Follow

Advertise your job vacancies

Jobs

Personal Lines Insurance Administrator Pretoria East
Pre-owned Vehicle Manager Polokwane
Vehicle Sales Executive Ermelo
Vehicle Sales Executive Ermelo
Vehicle Technician East Rand
New Vehicle Sales Executive Middelburg
Mini Sales Executive Durban
Commercial Sales Executive Pinetown
Vehicle Sales Manager Johannesburg North
Part Sales Executive Witbank

May motor trade sales up 8.6%

19 Jul 2013

Motor trade sales rose in nominal terms by 8.6% year-on-year in May from 15.7% year-on-year in April‚ Statistics SA figures showed on Thursday (18 July).

The highest annual growth rates were recorded for new vehicle sales (13.9%)‚ used vehicle sales (10.2%) and fuel sales (6.6%).

The results of the monthly motor trade sales survey are used to compile estimates of the gross domestic product and its components‚ which are used in monitoring the state of the economy and formulation of economic policy.

Seasonally adjusted motor trade sales decreased by 3% in May 2013 compared with April 2013. This followed month-on-month changes of 11.7% in April 2013 and -3.6% in March 2013.

Seasonally adjusted motor trade sales increased by 4.0% in the three months ended May compared with the previous three months.

Unadjusted motor trade sales rose by 9.7% in the three months ended May compared with the same three months ended May last year.

The major contributors to this increase were new vehicle sales‚ fuel sales and used vehicle sales.

Source: 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: http://www.inet.co.za