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Tricky waters ahead, warns dealers association
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Here’s what South Africa’s vehicle sales looked like in April 2021 Pritesh Ruthun © Provided by Independent Online (IOL)
JOHANNESBURG – “April new vehicle sales told an inspiring story of the South African motor industry’s resilience, while also providing a harsh reminder of the bleak outlook experienced a year ago,” says Lebogang Gaoaketse, the head of marketing and communication at WesBank Vehicle and Asset Finance.
With April 2020 sales essentially at a standstill as motor retailers were closed, the rejuvenated picture a year later, while reassuring, remains under pressure, he says.
According to the Automative Business Council (Naamsa), the new vehicle market grew 6.133.3% in April compared to April last year. However, the reality was a little more subdued when considering that April 2021’s 35 779 sales were 17.6% lower than last month – 7 649 units less than March.
Delay in manufacturing causes shortage of new car models in SA
1 May 2021 10:26 AM
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Motoring expert Warren Tucker says Covid-19 has affected the manufacturing of car parts in most countries.
There is a shortage of new car models in South Africa, this is according to the National Automobile Dealers Association.
Bloomberg also reported that US automakers warned of a potential 1.3 million shortfall in car and light-duty truck production.
Refiloe Mpakanyane talks to motoring expert Warren Tucker to find out the extent of this problem.
A lot of the manufacturing power is based in the east side of the world, your Taiwan, South Korea and China. A lot of components are manufactured there and shipped to the countries where these vehicles are assembled.
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