Stock shortages and strikes cause October sales to dip, but more buyers are turning from used to new vehicles
The recently-launched Haval Jolion moved into SA’s list of top ten sellers last month, showing improved consumer acceptance of Chinese cars.SA’s new-car market continued to be hindered by stock shortages in October, with 41,035 sales compared to 43,130 in September.
“The new vehicle market appears to be recovering strongly, with demand outstripping current supply constraints,” says Lebogang Gaoaketse, head of marketing and communication at WesBank. WesBank also notes a slow consumer shift back to new cars after a high demand for pre-owned vehicles over the past two years.
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