Forecasts vary amid flagging new-vehicle market
While sales outstripped those in 2021 nearly 20% at the start of the year, by end-October it was at 13.11% ahead of last year as hardships stacked up
06 November 2022 - 21:28
Are you a glass-half-full or a glass-half-empty kind of person? Depending on your answer, you will be either delighted or dismayed at the state of the new-vehicle market.
Early this year, Toyota SA president Andrew Kirby predicted that sales would rise 16.3% in 2022, returning the market to pre-Covid-19 levels a year earlier than anticipated. In 2019, 536,612 cars and commercial vehicles were sold; Kirby’s 2022 prediction was 540,000, up from 464,493 last year. ..
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