MOTOR INDUSTRY
Gloomy start to new-vehicle sales in 2020
Numbers affected by BMW not reporting figures, but sales are still down across all market sectors
06 February 2020 - 05:13
The 0.25% interest rate cut at the beginning of the year failed to stimulate new-vehicle sales in January, with the market taking a significant dive.
While South African consumers usually delay purchasing cars until the new year, boosting January sales as a result, last month’s numbers were lower than December 2019...
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