LONDON, England - July data from Auto Trader UK’s retail price Index involving about 900 000 vehicles saw the largest monthly increase in used cars prices since August 2018.The average sticker price of a used car in July 2020 was £13 888, 4.6% a year-on-year increase on a like-for-like basis and the fourth consecutive month… Continue reading UK Auto Trader shows used prices chasing record highs
Category: Vehicle sales
Cars down, bakkies up, as sales stutter into new normal
JOHANNESBURG, South Africa - Sales of new vehicles in South Africa through July, according to finance house WesBank, may have shown a clearer sign of market activity as lockdown regulations ease and the economy begins to recover. WesBank warned, however, that it was too early to define a trend or level of normality as the… Continue reading Cars down, bakkies up, as sales stutter into new normal
July 2020 new vehicle sales flat in long month
CAPE TOWN, South Africa - New vehicle sales through July 2020 were largely flat in July and were similar to those of the previous month. However, according to the SA National Automobile Dealers’ Association’s chairman Mark Dommisse “most worrying is that July was a very long trading month yet vehicle sales were still almost 30%… Continue reading July 2020 new vehicle sales flat in long month
Mini SUVs going big in family choices for new wheels
PRETORIA, South Africa - With the launch of the Ford Figo Freestyle and EcoSport Ambiente a/t so far during 2020 Ford continues to respond to the undeniable change in buying patterns that has seen volumes of sport utility vehicles and small crossovers grow.Demand for such vehicles, given with their passenger-oriented body style - has been… Continue reading Mini SUVs going big in family choices for new wheels
Leisure Wheels joins stampede from waiting rooms
JOHANNESBURG, South Africa - Leisure Wheels magazine has joined the migration from time-honoured, full-colour, print to digital screens and so sided with many of its ilk in the charge to cut costs, save cash.One has, however, to wonder what it and other shiny magazines, full of great images of cars and caravans, of boats and… Continue reading Leisure Wheels joins stampede from waiting rooms
Suzuki hits record sales despite Covid shutdown crisis
JOHANNESBURG, South Africa - Suzuki Auto SA believes its sales for June 2020 have surprised the local market with sales back at pre-lockdown levels and its dealer network breaking records. The National Association of Automobile Manufacturers (Naamsa) reports that Suzuki Auto SA has leapt up the sales chart with 1433 unit sales, all but one… Continue reading Suzuki hits record sales despite Covid shutdown crisis
Vehicle sales look brighter – but beware rising prices for ‘used’
JOHANNESBURG, South Africa - The new vehicle market returned to its first full month of sales in June 2020 since the Covid lockdown started but the market remains under ''immense pressure''. The National Association of Automobile Manufacturers of SA (Naamsa) told The Corner new vehicle sales were down by 38% down on June 2019 by… Continue reading Vehicle sales look brighter – but beware rising prices for ‘used’
Motomatch: Beating the virus through power of the net
CAPE TOWN, South Africa - A new product called Motomatch claims to be ''an exceptionally beneficial'' tool to drive the sustainability of the auto industry and dealer networks during the Covid-19 lockdown. So, what is it...? Well, the media information sent to The Corner says it's an ''innovative virtual marketplace and lead generator that connects… Continue reading Motomatch: Beating the virus through power of the net
WesBank refutes fake vehicle repossession claims
JOHANNESBURG, South Africa - Banking finance house WesBank has refuted May 20 2020 claims that it was planning to repossess 45 000 vehicles. WesBank’s head of marketing and communication Lebogang Gaoaketse told The Corner: ''These claims are false and unfounded.'' “Repossessions are always the very last resort for WesBank,'' he add. "The bank would rather… Continue reading WesBank refutes fake vehicle repossession claims
Auto industry gets back on the road again
JOHANNESBURG, South Africa - The Department of Trade, Industry and Competition has (May 12) published a Government Gazette, which details precise directions regarding the sale of road vehicles and emergency automobile repairs during Level 4 of the Covid-19 invasion.The changes are valid immediately (May 13) to allow the motor industry to start selling vehicles once… Continue reading Auto industry gets back on the road again
