Subscribe & Follow

Advertise your job vacancies

Jobs

Senior .Net Developer Cape Town
Intermediate Full Stack Software Engineer Bedfordview
Junior Accountant Cape Town
Dangerous Goods Code 10 Driver George
Senior Brand Designer Cape Town
Motor Insurance Claims Consultant George
SEO and Content Creator Intern Cape Town
Sales, Marketing and Financial Advisory Durban
Advertising Sales Executive Illovo, Johannesburg
Lecturer – School of Education (History & Geography) Pretoria

October motor trade sales up 4.4% y/y

13 Dec 2013

Measured in nominal terms (current prices)‚ motor trade sales increased by 4.4% year-on-year in October‚ after rising 6.3% in September‚ data released by Statistics SA on Thursday (12 December).

Fuel sales and new vehicles pushed sales up for motor trade sales in October. Image: cooldesign Free Digital Photos

The highest annual growth rates were recorded for fuel sales (6.7%)‚ new vehicle sales (6.1%) and sales of accessories (4.6%).

Seasonally adjusted motor trade sales increased by 1.4% in October compared with September. This followed month-on-month changes of -1.1% in September and -2.3% in August.

Seasonally adjusted motor trade sales increased by 0.3% in the three months ended October compared with the previous three months.

Motor trade sales increased by 6.0% in the three months ended October this year compared with the same period last year.

Stats SA said the major contributors to the increase were fuel sales (12.2% and contributing 3.2 percentage points) and new vehicle sales (7.0% and contributing 1.9 percentage points).

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