Motus new vehicle sales fall in the year to June

Automotive group Motus, which imports and sells vehicles and operates the Europcar rental chain, says new-vehicle sales fell in the year to end-June as more cash-strapped consumers in SA turned to used cars.

“The new-vehicle market continues to be affected by the weak macroeconomic environment in the country and pressure on household disposable income,” said the group, which Imperial Holdings unbundled on to the JSE in late 2018...