Page 22 - தேசிய ஆட்டோமொபைல் விநியோகஸ்தர் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SA’s top selling vehicles in February: it was a hard month, but green shoots expected Share JOHANNESBURG - South Africa’s new vehicle sales slump continues, with February 2021 having seen an overall decline of 13.3 percent versus the same month last year. According to Naamsa, 37 521 vehicles were sold last month, representing a decline of 5775 units. However, many industry experts are predicting better times ahead as the market stabilises. Currently it’s the passenger vehicle market that’s feeling the biggest pinch, having fallen by 18.1 percent year on-year, while light commercial vehicles fared better with a 3.2 percent decline versus February last year. But there was some good news on the commercial front, with the heavies seeing a sales gain of 3.1 percent, although the medium commercial vehicles were down 14.8 percent year-on-year.

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