• Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

  • Strategy for the big boys

    Formulating strategy across the span of huge companies is a marathon, says Ian Mann.

All data is delayed
Loading...
See More

New vehicle sales accelerate

Aug 02 2012 11:14
Reuters

Johannesburg - South Africa’s total new car sales increased by 18.3% year-on-year to 54 067 units in July, the National Association of Automobile Manufacturers (Naamsa) reported on Thursday.

The daily selling rate hit a fresh five-year high and exports rose 11.6% in the month.

Naamsa said the industry remains on track for projected growth of 10%, adding a recent central bank interest rate cut would also help underpin sales.


*Follow Fin24 on Twitter, Facebook and Google+.

 
naamsa  |  new vehicle sales

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...