COMMENT
Motor dealers’ road to recovery needs clear lanes
Slowed car sales leave a growing number of dealers in ICU and potential job losses
31 October 2019 - 05:07
The South African franchised motor dealer environment is under huge pressure. The market is down and a growing number of dealerships are in ICU with a direct potential loss of jobs as a result. —
In September we saw 37,707 new passenger and commercial vehicles sold at dealer level, compared to 38,326 sold in the corresponding month last year, representing a variance of -1.6% year on year. While this may seem an insignificant difference at first glance, it’s representative of a market headed on a downward trajectory toward a point of difficult return...
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