WATCH: Economic uncertainty puts brakes on new-car sales
Business Day TV speaks to David Furlonger, editor-at-large for Financial Mail
05 May 2023 - 16:34
byBusiness Day TV
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Economic uncertainty is throttling demand for new cars. Combined sales of cars and commercial vehicles totalled 37,000 last month, a 0.2% increase from April 2022. Sales of commercial vehicles fared better given that bank credit approvals fell in April.
Financial Mail reports that aggregate exports show some optimism.
Business Day TV further analysed the latest vehicle sales data with David Furlonger, editor-at-large for Financial Mail.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWSROOM CROSSING
WATCH: Economic uncertainty puts brakes on new-car sales
Business Day TV speaks to David Furlonger, editor-at-large for Financial Mail
Economic uncertainty is throttling demand for new cars. Combined sales of cars and commercial vehicles totalled 37,000 last month, a 0.2% increase from April 2022. Sales of commercial vehicles fared better given that bank credit approvals fell in April.
Financial Mail reports that aggregate exports show some optimism.
Business Day TV further analysed the latest vehicle sales data with David Furlonger, editor-at-large for Financial Mail.
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