South Africa’s Auto Market Surges in Mid-2025 Amid Major Industry Shakeups
New Vehicle Sales climbed yet again Naamsa’s projection for a strong domestic performance in the first half of 2025, was very accurate with total new vehicle sales once again increasing to reach 47 294 units in June 2025 with a growth of 7 444 units or 18,7% from the 39 850 units sold in June […]
New Vehicle Sales Surge in May 2025 as Interest Rate Cut Spurs Growth — But Crime Threatens Online Deliveries
Interest Rate Cut Fuels Automotive Growth The South African Reserve Bank decision to cut the repo rate by 25 basis points was in great support to the industrial growth, affordability, and macro-economic stability.The automotive sector especially welcomed this decision that led to and supports consumer affordability.Total new domestic vehicle sales in May 2025, at 45 […]
Proudly Moving Forward: SA Auto Sales Surge Amid Economic and Safety Challenges
South African Motor Industry – Proud and Consistent Despite fewer selling days in April 2025 compared to April 2024 with all the public holidays, and a brief return of load-shedding, the new vehicle sales performance encouragingly continued the upward momentum of the first quarter into the second quarter of 2025. Inflation also fell to 2,7% […]
VAT raise for May, Fuel price cut and Naamsa sales statistics for March
VAT to rise to 16% in South Africa Finance Minister Enoch Godongwana has announced that the value-added tax (VAT) will be increased to 16% by 2026/27 during the delayed 2025 Budget speech on Wednesday, 12 March 2025. VAT will increase by 0.5 percentage points in May 2025 and by another 0.5 percentage points in April […]
CLC Trucks 10 Year Anniversary
Cobus Lourens Commercials t/a CLC Trucks Celebrates 10 Years of Success and Innovation on 20 March 2025. CLC Trucks, a leading Used Truck Retail company, is proud to announce the celebration of its 10-year anniversary. Since its inception in March 2015 CLC Trucks has been committed to excellence, innovation, and customer satisfaction, and this milestone […]
Naamsa sales reporting; Chinese car manufacturers continue to increase market share; Fuel price for March
Naamsa Vehicle sales statistics: Total domestic new vehicle sales in February 2025 totalled 47,978 units, reflecting an increase of 7.3% compared to the 44,749 vehicles sold in February 2024. Unfortunately the same can’t be said about Export sales that declined by 4,861 units, or 8.6%, to 34,656 units in February 2025 compared to the same […]
Naamsa Vehicle Sales statistics for January 2025
The Motor Industry had a positive start to the year, marked by higher new vehicle sales, and a further interest rate cut of 25 basis points during the month of January. Total domestic new vehicle sales in January 2025, at 46,398 units, reflected an increase of 4,375 units (10,4%) compared to January 2024. Export sales […]
Naamsa sales statistics for December, Changes in vehicle resale values, and Escom conquering load shedding
Overview of New Vehicle Sales for December 2024 According to a press release by Naamsa, new vehicle sales for December 2024 registered a third consecutive year-on-year increase with new vehicle sales at 41,273 units compared to the total new vehicle sales of 40,262 units for December 2023. Sales of medium commercial vehicles increased by 7,6% […]
South Africa’s automotive manufacturing warns about Chinese imports
Volkswagen Group Africa has called for urgent intervention by government to safeguard South Africa’s automotive manufacturing industry. Martina Biene, Chairperson and Managing Director highlighted the challenges that local manufacturers face as the market experiences an influx of Chinese automotive brands. The high cost of manufacturing in South Africa makes it impossible to compete with the […]
Naamsa Sales stats, Fuel price hike, Bullet Train & Transnet’s poor performance at Ports
The Automotive Business Council said that the last quarter for 2024 started very positive with the highest passenger car sales month since October 2019.This is encouraging for the medium-term new vehicle market outlook.Mikel Mabasa, naamsa CEO said that total domestic new vehicle sales in October 2024, at 47,942 units, reflected an increase of 2,506 units […]