April’s devastating KwaZulu-Natal floods may have put a dent in new-vehicle sales but the impact could have been much worse, Naamsa CEO Mikel Mabasa said on Tuesday.  

Figures released by Naamsa show that 37,107 new cars and commercial vehicles were sold in SA last month. That was almost 30% down on March’s 50,465 — the best sales month since October 2019. Some backtracking was inevitable, given April’s plethora of public holidays and long weekends...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.