JOHANNESBURG, Gauteng – The South African motor industry has new competition… not from each others’ products but from the likes of Google, Netflix, AirBnB, Amazon, Uber Eats and Mr D Food. That is, at least, the view of Ghana Msibi, CEO of WesBank Motor Division (pictured) and he expounded it while addressing an August 2019… Continue reading Uber Eats, Mr D, showing auto trade how to sell better
JOHANNESBURG, South Africa – April’s glimmer of hope for new vehicle sales was short-lived as the month of May resumed the slump and status quo of steady decline. The National Automobile Association of South Africa has reported Industry sales for May down by 5.7% to 40 506 compared to May 2018. WesBank’s Ghana Msibi told… Continue reading SA’s May vehicle sales pop bubble of improved market
JOHANNESBURG, Gauteng – South Africa’s new-vehicle sales grew by 4.1% in July 2017 to 46 719 units according to sales data from the National Association of Automobile Manufacturers of SA. While industry sales were up marginally in June – 0.9% – the positive performance was good news for 2017’s sales data. Year-to-date total industry sales are… Continue reading July joy as SA car deal data blooms
Every vehicle market segment hit by downgrade If you’re thinking of buying – the do it now ‘Sales performance is bad news’ – Mahoney JOHANNESBURG, South Africa – The South African new car market immediately felt the repercussions of the country’s economic downgrade in April 2017 as total sales plummeted by 13.4% – down to only… Continue reading ‘Junk’ status hits auto sales hard – thank you, Mr President
JOHANNESBURG, Gauteng – New-vehicle sales in South Africa fell again through November 2016 to only 46 413, 9.6% fewer year-on-year and taking year-to-year sales to 11% fewer than in 2015. Finance house WesBank had forecast a year-to-year decline of 12%. Car sales through dealers – representative of consumer buying – fell by 13.8% in November with locally assembled… Continue reading Used-vehicle bonanza as new prices soar
JOHANNESBURG – Sorry, guys, but the vehicle sales slump continues. October sales are down by 10.1% from the same month in 2015 and so far in 2016 by 11.2% from the even then not so glory days of 2015. Sales data from Naamsa show total industry sales of 48 745 new vehicles and for the year… Continue reading Happy Christmas – but avoid buying a new car
Domestic vehicle sales fell yet again through May 2016 as general inflation and the crumbling rand boosted shopping and general household expenses – so, if you can afford a car, right now is a great time to go out and negotiate hard… JOHANNESBURG, South Africa – The new-vehicle market continued its decline through May with… Continue reading Dealers taking strain! Get out there and buy
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