Auto Insights | June 2023
Where have all the young drivers gone? And SA’s fast growing brands
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!
South Africa’s Youth buying fewer houses and cars
If you’re a Lightstone Auto client, this is a reminder that Lightstone is also the go to for Property data. In this article we share data showing that South African youth are buying fewer properties and the proportion of cars being sold to the youth is also down on ten years ago.
Light Commercial Vehicle sales drive post-Covid recovery
New vehicle sales data from naamsa indicates an upward trajectory for April and May 2023 compared to the same period in 2022.
Competitive pricing drives fastest growing Light Vehicle brands in SA
We hone in on some of the fast-growing Light Vehicle brands in South Africa for both Passenger and Commercial vehicles, the competitive pricing notwithstanding the different backgrounds and histories.
Signio volumes edging towards pre-Covid levels
After the pandemic and socio-economic restrictions took their toll, financed deals of vehicles through the Signio platform are showing continued signs of recovering to pre-Covid levels.
Lightstone Star Reacher F&I Awards
Find out who won in the Annual Lightstone Star Reacher F&I Awards programme. And entries are closing on Friday 30 June for registrations for the 2023/2024 programme. Hurry, the clock is ticking!
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