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New vehicle sales go into September reverse
Oct 2023
New vehicle sales in September 2023 were 4.7% down on September 2022, according to naamsa, although importantly overall sales for the first nine months of 2023 were 2.5% higher than the previous year – and 16.2% above sales for the same period in 2021.
Celebrating women ownership in South Africa
Aug 2023
Women are catching up to men when it comes to financing new motor vehicles and more women own homes in South Africa than men.
Where have all the young drivers gone? And SA’s fast growing brands
June 2023
Lightstone data shows that the proportion of cars being sold to youth is down on ten years ago - we take a look at the numbers. We also look at the rising new vehicle sales and some of the fast-growing Light Vehicle brands in SA. Signio volumes remain on an upward trajectory towards pre-Covid levels and there’s so much more!
New vehicle sales inch upwards
April 2023
In our lead story New vehicle sales inch upwards, naamsa reports that new vehicle sales are up by 1.7% for Q1-2023 compared to the same period in 2022. However, sales in March were marginally down by 0.7% on the same period last year – but were 11% up on February 2023.
On trend, on target
February 2023
In this issue, we take a look at evolving bodyshapes and sales trends for Electric Vehicles in SA. Also in the spotlight, LCV sales enjoy double-digit YoY growth while Signio volumes are back to pre-Covid levels…
To the next level
December 2022
Latest client survey reveals improvement in Lightstone’s NPS score and value delivery – and a look back at highlights in 2022 and what’s next in 2023.
Resilient SA market shrugs off obstacles to growth
October 2022
New vehicle sales continued to climb in September despite local and global headwinds. We unpack some of the key data and trends in our lead story.
New vehicle sales continue to grow
August 2022
New vehicle sales are steadily climbing as South Africa shrugs off the lingering effects of Covid-19, a world-wide semi-conductor shortage and supply chain delays.
Women are buying a third of the cars being sold
August 2022
Women own, either on their own or in partnership with other men or women – more than half of the residential property stock registered in South Africa – and women have bought more than a third of all new and used motor vehicles sold this year.
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.
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