New vehicle sales in December up 10.7%

The National Association of Automobile Manufacturers of SA (Naamsa) on Wednesday, 7 January 2015, reported new vehicle sales in December rose 10.7%‚ or 4‚979 vehicles year on year (y/y)‚ to 51‚461 units compared with 46‚428 vehicles sold in December 2013.

The December 2014 new passenger car market and light commercial vehicle market reflected a y/y volume improvement of 9.3% and 14.7%‚ respectively‚ Naamsa said.

Sales of extra heavy commercial vehicles rose by 29.9% y/y.

Export sales recorded a marginal decline in December 2014 and at 21‚833 units reflected a fall of 357 vehicles or 1.6 % compared to the 22‚190 vehicles exported during December 2013‚ the organisation said.

Source: BDpro via I-Net Bridge