New-vehicle sales in SA plummeted 29.1% to 380,449 units in 2020, from 536,612 sales in 2019, due to the crippling effects of the Covid-19 pandemic.

In a heavy blow to an industry that contributes 6.4% to GDP, it was a drop back to sales levels of two decades ago, said the National Association of Automobile Manufacturers of SA (Naamsa)...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.