Johannesburg - Imperial Holdings [JSE:IPL], which runs South
Africa’s biggest car showroom network, tops the gainers list on the blue-chip
index in afternoon trade after data showed a 1% rise in June, new auto sales
nationwide.
Imperial, which also runs logistics and car rental
businesses, is up 2.85% at R176.38, on course for a record close.
South Africa’s total new car sales increased by 15.6%
year-on-year to 51 891 units in June, the National Association of Automobile
Manufacturers said on Tuesday.