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Here s what South Africa s vehicle sales looked like in April 2021

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

Delay in manufacturing causes shortage of new car models in SA 1 May 2021 10:26 AM Share This: 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.

Used Car Shoppers Might Find the Best Deals over 100,000 Miles

Used Car Shoppers Might Find the Best Deals over 100,000 Miles Jonathon Ramsey Right now, used-car prices are up an average of 14 percent compared to the spring of 2020, with pickups up the most 27 percent. The average price of a used-car purchase is now nearly $24,000. That s not as bad as new cars, which are going for an average of more than $40,000, and the selection on dealer lots is reduced because of the COVID-19 pandemic, the current semiconductor shortage, and high demand for vehicles. Higher-mileage vehicles may be the answer for buyers looking for a good deal on a vehicle, considering the durability of many vehicles on the used market.

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