According to the National Association of Automobile Manufacturers of South Africa (Naamsa), out of the total industry sales of 51 978 vehicles, an estimated 38 558 units or 74.2% represented dealer sales, 20.3% vehicle rental industry, 3.7% corporate fleets and 1.8% government sales. NAAMSA confirmed that aggregate domestic new sales reflected a marginal increase of 122 units or 0.2% from the 51 856 vehicles sold in October last year.
Senior Vice President of Sales and Marketing at TSAM, Calvyn Hamman says: “Despite market detractors, such as shrinking disposable income as well as volatile trading conditions, the local automotive industry has shown tremendous resilience against the backdrop of an ailing economy. We understand that these are trying times for the consumer, yet we value the continued support from the local market. We are also grateful to the rental, corporate and government sales for the huge role they play in supporting the industry.”
