Credit crunch hits KZN cars

2008-06-04 00:00

Consumers in KwaZulu-Natal have not escaped the wave of passenger vehicle repossessions currently being experienced nationally, despite the fact that the average consumer in the province is less likely to default than his or her counterpart in other major centres.

It is no secret that the new passenger vehicle market is in the midst of a significant slump and this has no doubt put pressure on vehicle dealerships and vehicle finance entities, among others. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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