Jump in sales of new vehicles in February
Naamsa CEO Mike Mabasa says exports in 2020 could still set new records, but coronavirus could undermine this
02 March 2020 - 17:23
SA's new-car sales rebounded in February after a weak start to 2020. The total market for all categories of new vehicles slipped 0.7% in February from a year earlier but car sales grew 7.6%.
In January, the car market was 5.1% down year-on year and the total market was 8.1% weaker. However, that was distorted by the absence of numbers from BMW SA, which has been instructed by its German parent to withhold monthly sales in future...
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