Tricky waters ahead, warns dealers association lowvelder.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lowvelder.co.za Daily Mail and Mail on Sunday newspapers.
Here’s why there’s a shortage of new cars in South Africa right now
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A combination of improved demand and an international shortage in parts has led to a shortage of stock of some new car models in South Africa.
This is primarily being driven by an ongoing global shortage of semi-conductors, or computer chips, which is impacting certain new models, said Mark Dommisse, chairperson of the National Automobile Dealers’ Association (Nada).
He added that the Covid-19 pandemic is still negatively impacting many of the countries that supply built-up vehicles and components to South Africa.
Major manufacturers, including Ford and General Motors, have had to halt production while awaiting new shipments of automotive-grade semiconductors from Taiwan and South Korea – chips that won’t even be manufactured for three to four months.
One year into lockdown, hereâs what car sales figures are like in South Africa
By Pritesh Ruthun
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JOHANNESBURG â As the country observed the first-year anniversary since lockdown commenced, new vehicle sales provided reason for the industry to celebrate.
Twelve months ago, the country reeled to news of the pending lockdown as showrooms prepared to close their doors, consumers headed home, and vehicles were only let out for essential services.
In March 2020, the new vehicle market plummeted 29.7% compared to March 2019 to record just 33 545 sales.
The grip on the South African motor industry had tightened quickly.
One year later, the resilient industry is fighting a hard recovery.
One year into lockdown, here s what car sales figures are like in South Africa msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.