South Africa Auto sales fell 35.4% in March 2020, ending the first quarter with the 8 consecutive decline and a lost of 14.4%. The 2020 will be the seventh consecutive declining year with huge effects on the industry, which represents one of the top industrial sector. To the crisis already in place, the arrival of Covid19 restrictions is a real tsunami with awful effects.
South Africa Auto Sales in 2019 were disappointing again. Indeed, Total annual sales have been 508.573, down 3.2% from the previous year, the worst score in the last nine years. Suzuki and Mahindra were the fastest brands while almost all the best selling 5 brands were declining.
South Africa Auto Sales in 2018 declined for the 5th time in a row, ending the year with registrations at 525.159 units, down 1.3%. Toyota is the market leader, taking a huge gap from Volkswagen and Ford.
South African Auto Sales in the 2017 recovered only 1.7% after four years of decline. Indeed the country is facing harsh economic times and just in Q4 come out from a recession. Toyota gained 9% while the winner of the year was the Renault-Nissan Group.
S Africa vehicles sales in 2016 fell down for the third year in a row hit by recession and currency depreciation. Mercedes was the best brand, avoiding to lose volume as done by almost all competitors.
South Africa Autos Sales fall down in September hit by low consumer’s demand. However, more recent economic data show improvement in GDP and in the exchange rate.
South African domestic vehicles sector scored in August the 18th y.o.y. fall in a row despite the last quarter economy reported the best increase since the 2014. Volkswagen outpaced Ford.
South Africa new vehicle registrations are diving in deep water. Despite finally the recent economic data shown signs of improvement the domestic auto market improved the declining speed.
South Africa new vehicles sales struggling as sign of slower economic growth and strong currency depreciation. In June Volkswagen advanced in second place overtaking Ford.
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 sales fell down in Q3 2015 with September -9% while Export sales of new motor vehicles had however achieved a new milestone reaching a record month. Future outlook is negative.
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.