Encouraging growth in new LCV, heavy truck sales

For the second month in succession, aggregate domestic new vehicle sales have recorded further encouraging gains, led by new car, new light commercial vehicle and new heavy truck and bus sales.  

This according to the National Association of Automobile Manufacturers of South Africa (Naamsa).

The association says new medium commercial vehicle sales remain under pressure, while new vehicle exports registered a surprising fall.  

Domestic sales of industry new light commercial vehicles, bakkies and minibuses at 14 834 units during August 2017 reflected substantial gains of 1 448 vehicles or an improvement of 10.8% compared to the 13 386 light commercial vehicles sold during the corresponding month last year.  

This was on top of the improvement in light commercial vehicle sales in recent months.   

Naamsa says the medium and heavy truck segments of the industry reflected a mixed performance and, at 633 units and 1 594 units respectively, had recorded a decline of 102 vehicles or a fall of 13.9% in the case of medium commercial vehicles, while new heavy trucks and buses, with 91 vehicles sold, rose 6.1 % compared to the corresponding month last year.  

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