South African Auto Industry fell again in April hitting the 14th YoY fall in a row as South Africa’s economy likely recorded another weak growth rate in Q1. However Toyota improved sales gaining market share.
South Africa Vehicles Market in 2016 is falling down with Q1 at -9% and next month forecast almost negative as the rad depreciation should call for further prices increase. Renault was the only brand up out of top 10.
South Africa Car Market 2015 fell down for the second year in a row due to negative economic environment and low consumer's demand. Ford and Renault gained space thanks to the successful introduction of new models.
South African Vehicle Sales Statistics in November report again a brilliant Ford gaining terrain over the market leader Toyota thanks to the sales boost on Ecosport, Ranger, Fiesta and Focus. Mazda and Opel reported huge improvements.
South Africa new vehicles sales down 2 percent in the first half hit by energy crisis, RAD appreciation and prices increase with deteriorating consumers confidence. Ford shine overtaking Volkswagen for the second place.
Argentina Vehicle Market down 25 percent in February 2015, posting the 14th Y.o.Y. fall in a series, the last twelve all above 25%. The market is projected at 0.6 million. Ford placed two models in the podium..
South Africa car market statistics for february show a stable market that is moving horizontally in absence of robust drivers to take an up or down direction. Ford shines thanks to booming results on the compact SUV EcoSport.
2015 started slow for the South African domestic car market albeit positive expectations generated by a mix of direct and indirect factors, recently evolved all in positive. New vehicles export boomed 20% from year ago.
In 2014 Argentina Vehicles Market collapsed with December down 43%. As effect of the harsh sales momentum, the market has lost 5 spots in the global ranking and now is the 22nd. Just Toyota & Nissan were up.