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Motor trade sales up

Cape Town - Motor trade sales increased by 8.1% year-on-year in September, Statistics SA said on Thursday.

"The highest annual growth rates were recorded for workshop income (18.1%) and sales of accessories (14.7%)," Stats SA said.

Seasonally adjusted motor trade sales increased by 1.3% in September 2014 compared with August 2014. This followed month-on-month changes of -0.4% in August 2014 and 1.3% in July 2014.

Seasonally adjusted motor trade sales increased by 2.9% in the three months ended in September 2014 compared with the previous three months.

Motor trade sales increased by 4.4% for the three months ended September 2014 compared with the three months ended September 2013.

The main contributors to this increase were fuel sales (4.6% and contributing 1.3%), sales of accessories (7.1% and 1.2%), and used vehicle sales (5.9% and 1%).

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