ARTICLES RELATING TO VEHICLE SALES

VW profit halves as crisis bites

2013-04-29 14:38

First-quarter profit at Volkswagen's core brand almost halved, as manufacturers battle Europe's protracted slump in demand with ever deeper discounts.

Used car prices 'under pressure'

2013-04-15 11:08

Used car prices remain under enormous pressure in the first quarter‚ according to figures released by Transunion.

Toyota targets growing African market

2013-04-09 10:32

Toyota is increasing its focus on African consumers as private sector growth reduces its dependence on government business, Toyota Africa CEO Johan van Zyl says.

US auto sales could rise 8% in March

2013-03-21 16:02

US auto sales in March are expected to rise 8% and the annual sales pace should top 15 million for the fifth straight month.

January vehicle sales up 14.1%

2013-02-04 11:45

New vehicle sales rose to 55 007 units in January, in the same period a year ago‚ according to the latest data.

Vehicle sales end positive in 2012

2013-01-09 11:52

New vehicle sales ended 2012 on a positive note with a year-on-year increase of 1.8% in December, the National Association of Automobile Manufacturers says.

SA loves bakkies

2012-12-04 22:20

The latest figures on new car sales have shown that South Africans do love bakkies, with Toyota selling over 3 000 Hiluxes last month.

Low interest rates jumpstart car sales

2012-11-02 11:12

New vehicle sales rose by 10.5% in October to 57 845 units, boosted by record low interest rates, the National Association of Automobile Manufacturers says.

Vehicle price rises slowing

2012-10-01 12:27

Good news for motorists is that a vehicle pricing index indicates that price increases in both new and used vehicles are slowing‚ TransUnion says.

Vehicle sales growth slows

2012-05-16 13:51

New vehicle sales grew in the first quarter of 2012, but at a slower rate than the same period last year, says Naamsa.

New vehicle sales pick up speed

2012-04-03 11:14

South Africa's total new vehicle sales increased by 4.8% year-on-year to 56 110 units in March, the National Association of Automobile Manufacturers says.

Used vehicle sales pick up speed

2012-01-16 09:20

Used vehicle sales gained ground in the last quarter of 2011 compared with new car sales, boosted by price inflation which fell to its lowest level in two years.

New vehicle sales gain speed

2011-11-02 11:23

Sales of new vehicles were up 18.9% in October partly boosted by consumers taking advantage of low interest rates, says Naamsa.

Vehicle sales expected to slow

2011-08-16 15:03

Growth in new vehicle sales is likely to be lower in the second half of the year, says the National Association of Automobile Manufacturers of SA.

Vehicle sales pick up pace

2011-07-04 11:49

New vehicle sales increased in June by 12.6% compared to a year ago, showing recovery in the sector is gaining momentum.

Toyota maintains full SA production

2011-05-19 18:21

Manufacturing of vehicles in South Africa will be kept at full capacity and may even increase later this year, says Toyota SA.

Fuel price spike concerns Wesbank

2011-05-11 14:59

Surging fuel prices are likely to make consumers downgrade, affecting demand for new vehicles, says financier Wesbank.

Vehicle sales keep momentum

2011-04-04 11:32

New vehicle sales improved strongly in March, indicating recovery both in the sector and in consumer spending.

Out of the doldrums

2011-03-24 00:00

Research by Stanlib economist Kevin Lings shows consumers in the United States experienced their largest financial shock in almost 100 years during 2008 and early 2009.

Vehicle sales power ahead

2011-02-02 11:43

Sales of new vehicles continued to grow in January and a bigger demand for commercial vehicles indicates an uptick in the economy.

Car sales accelerate

2010-12-02 12:19

New vehicle sales rose by a third in November compared to last year, indicating a recovery in retail vehicle sales.

Strike, green tax slow car sales

2010-10-04 12:18

A crippling strike and the new carbon tax have taken their toll on vehicle sales - but the car market may still be on track to grow signifiicantly, says Naamsa.

 

Toyota profit triples to $9.7bn

2013-05-08 10:18

Toyota's full-year net profit more than tripled to $9.7bn, with the world's largest automaker adding it was on track for another soaring profit in the current fiscal year.

Women, black middle class up car sales

2013-04-26 07:55

The emerging black middle class and women have become increasingly important drivers of new car sales, it was reported.

More Africans buying new cars

2013-04-11 15:07

Vehicle sales in Africa will rise nearly 20% in the next two years to hit the 2 million mark as the continent's burgeoning middle class trades up, General Motors says.

New car sales down 2.1%

2013-04-03 10:07

New car sales in SA totalled 54 946 units in March, a 2.1% drop from the same month last year partly due to sales losses over Easter, Naamsa says.

VW hits global sales record

2013-01-14 07:39

Volkswagen posted record-breaking global sales in 2012, up 11% at 9.07 million, but the ambitious German automaker continues to trail Japanese rival Toyota.

Peugeot worldwide sales plummet

2013-01-09 10:13

French auto giant PSA Peugeot Citroen's worldwide sales in 2012 dropped by 16.5% due to contracting demand in debt-crippled southern Europe.

Low rates spur new vehicle sales

2012-12-04 13:30

New vehicle sales increased by 7.3% in November as low interest rates and new models attracted consumers to buy vehicles, industry body Naamsa says.

New vehicle sales show modest growth

2012-10-02 12:20

New vehicle sales grew at a modest pace in September compared with the same period a year ago‚ according to Naamsa data.

Imperial climbs on auto sales data

2012-07-03 13:54

Shares of Imperial Holdings, which runs SA's biggest car showroom network, rose on the JSE after data showed a rise in June in new auto sales nationwide.

New vehicle sales gather speed

2012-06-04 11:13

SA's total new vehicle sales rose by 20.7% in May as new models came into the market, the National Association of Automobile Manufacturers says.

Uptick in new vehicle sales

2012-05-03 11:20

Total new vehicle sales rose by 10.5% in April, the National Association of Automobile Manufacturers says, predicting modest growth for the industry in 2012.

KZN growth helped by construction, transport

2012-03-09 07:00

The expansion of Durban harbour boosted the construction sector while vehicle sales remained strong.

Vehicle sales zoom ahead

2012-02-02 11:19

New car sales in January were the best in five years, says the National Association of Automobile Manufacturers of SA.

New vehicle sales ratchet up

2012-01-10 12:56

SA's total new vehicle sales increased by 11% to 43 790 units in December, the National Association of Automobile Manufacturers says.

Vehicle sales 'surprisingly strong'

2011-10-04 11:15

Sales in all automotive industry segments registered unexpectedly good gains in September, says Naamsa.

Vehicle sales lose momentum

2011-08-02 11:25

Growth in new vehicle sales slowed in July compared to a year ago, says the National Association of Automobile Manufacturers.

New vehicle sales hit speedbump

2011-06-02 11:18

Component shortages after Japan's earthquake crippled local production, adding to lower vehicles sales in May, says Naamsa.

Vehicle sales lose momentum

2011-05-04 12:26

Sales of new vehicles slowed in April compared to the month before while exports surged, says the National Association of Automobile Manufacturers of SA.

Wesbank bullish on 2011 vehicle sales

2011-03-28 12:23

Vehicle financier Wesbank says it expects double-digit growth in sales this year, driven largely by lower interest rates.

Demand for low-priced cars rising

2011-03-11 06:45

Against the background of rising fuel prices and e-toll fees the affordable vehicle segment will continue to expand, according to an industry specialist.

SA car exports set for new record

2011-01-24 08:22

The time is ripe for the local motor industry to exceed the record exports it achieved in 2008.

China carmakers' plans raise concerns

2010-10-18 06:50

Booming auto sales in China have spurred manufacturers to step up production so fast that concerns over "blind investment" and overcapacity in the sector are emerging.

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