New-vehicle sales in March continued their downward trend for the third consecutive month, says the National Association of Automobile Manufacturers of SA (Naamsa).  Reported industry figures indicate that of a total of 47,718 vehicles sold, there was a shortfall of 1,512 units or 3.1% in comparison to the 49,230 tally recorded in the same month in 2018.

Following Naamsa expectations that green shoots in the light commercial vehicle market would continue over the medium term, for March 2019 the sector maintained its robust upward movement with 14,994 units sold during March 2019, an improvement of 275 units or 1.9% compared with the equivalent period in 2018. However, it was mixed fortunes for truck sales with medium trucks shifting 775 units, 45 units more than March 2018, while heavy trucks and buses recorded 1,601 units sold, which is 27 less than the same month in 2018...

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