Naamsa has reported a slight decline of 0.6% in new vehicle sales for March 2023, but there's good news! Export sales are up 3.1% 🚗💨 Here are SA's top 5 exports. Motoring MotorinNews TheCitizenMotoring Read more⬇️
The National Association of Automobile Manufacturers of South Africa has released its new vehicle sales statistics for March 2023.
Unfortunately, the report indicates a year-on-year decline of 0.6% due to several factors, including the shrinking disposable income of consumers and aDespite this, there is some good news to be found in the report, as export sales showed an increase compared to February 2023.According to Naamsa, export sales recorded an increase of 1 026 units or 3.1% to 34 134 units in March 2023 compared to the 33 108 vehicles exported in March of last year.
The month-on-month export sales reflected an increase of 3 922 units or 12.9% for March 2023 at 34 134 units, compared to the 30 212 export vehicle units recorded for February 2023.
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