• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
See More

New vehicle sales accelerate

Aug 02 2012 11:14 Reuters

Related Articles

VW sales up, warns on debt crisis

New vehicle sales gather speed

Vehicle sales growth slows

Uptick in new vehicle sales

Automotive sector gears up for record

New car sales pick up speed

 

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

 
 
 

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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

10 most expensive cars In the world

This is car porn at its best!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

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

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...