A record fifteenth month increase in South Africa’s new vehicle sales has officially been negated, but only just, as a result of increases in the repo rate, the already high 11.25% lending rate and the Human Right’s Day public holiday on the 21st. 🚕
As per its support for new energy vehicles , comprising hybrid, plug-in hybrid and, Naamsa also compiled, for the first time, an individual breakdown of NEV sales, but only until the end of February this year.
For the month ending February 2023, 1 173 units departed dealership floors – 990 being hybrids, 23 plug-in hybrids and 160 EVs.Out of the country’s five respective segments, only new passenger vehicle sales posted a decline, with sales falling 6.4% from 33 788 in 2022, to 31 631 in 2023.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sprinters offer hope of resurrection for South African athletics | The Citizen🥇 Akani Simbine and Wayde van Niekerk displayed superb form at the SA Athletics Championships this week. Read the story ⬇️
Read more »
Broken local governments proof of democracy gone mad | The Citizen🗳 It makes no sense to fight for the right to hold the keys to service delivery, if the biggest victim in the fight is service delivery, writes Richard Chemaly.
Read more »
Love it or loathe it - new Mercedes-AMG C43 here to stay | The Citizen🚗 Affalterbach's controversial four-pot 2.0-litre enigne runs outgoing 3.0-litre V6 close in speed test. Read the story ⬇️
Read more »
Chiefs eke out win over Stellies to keep Champions League hopes alive | The Citizen⚽ A 10-men Stellies made Chiefs sweat for the DStvPremiership win at FNB Stadium on Saturday evening to keep their fourth position. DStvPrem Read more here 👇
Read more »
Pirates rout Richards Bay to move second on the log | The Citizen🥅 A goal in each half from Terrence Dzvukamanja and Monnapule Saleng secured maximum points for Pirates. DStvPremiership DStvPrem Read more here 👇
Read more »
Bend it like OPPO: Find N2 Flip foldable phone now available in SA | The Citizen📲 OPPO's battery life and hinge transitions outlast even some of the most famous celebrity marriages, flipping expectations on their head. Click here for the full review by cherylkahla ➡️
Read more »