CAR SALES
SA car industry in low gear amid stuttering economy
Many consumers are delaying vehicle purchases despite subinflationary price increases, says TransUnion
31 October 2019 - 05:08
The South African car market remained under significant pressure in the third quarter of 2019, with vehicle sales continuing their steady decline, despite new-vehicle price increases staying under inflation for the past two years.
This is according to the latest TransUnion Vehicle Pricing Index (VPI) for the third quarter of 2019...
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