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.

24.com 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.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.