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All the latest automotive news at your fingertips with the Lightstone newsletter. Stay ahead of market trends, forcasts and latest automotive news.
A winning June on the road
June 2022
Our lead story – New vehicle sales climb despite multiple challenges - We analyse the data provided by naamsa which suggests the market is on track to grow by 12% in 2022. But despite this healthy situation, we are in reality playing catch up after the last real boom in new vehicle sales between 2005-8.
The South African vehicle market is at a crossroads with better times on the horizon
April 2022
Our lead story – New vehicle sales grow despite tough market conditions – reports that new vehicle sales in March 2022 were 16.2% up on March 2021, despite a semi-conductor shortage constraining production and other economic headwinds.
New vehicles sales increase while used vehicles hold more value
February 2022
South Africa’s vehicle market is showing interesting developments in both new vehicle sales and the rising value of used vehicles.
Fresh challenges ahead for vehicle market
October 2021
South Africa’s vehicle market continues to perform unevenly, reflecting the impact the hard lockdowns are having on the economy. New vehicle sales in September were 16% up on September last year, but Light Vehicle sales being down on 2020, and the global semi-conductor shortage is just starting to make itself felt on sales in SA.
Waiting for the green light?
August 2021
New vehicle sales in July increased marginally compared to July 2020; women buyers are opting for larger vehicles; LIVE scans are up to pre-Covid-19 levels and Signio volumes are rising.
Quarter 2 Overview
June 2021
There are signs that South Africa’s retail motor sector is starting to emerge from its Covid-19 induced slump. The scans on LIVE – which indicate an ‘intention to sell’ – suggest momentum in the market has recovered to pre-Covid-19 levels. Total Signio applications were also up and the data suggests cause for optimism.
