naamsa releases July 2023 New Vehicle Stats

PRETORIA: Tuesday, August 01, 2023: naamsa | The Automotive Business Council CEO, Mikel MABASA said, a sigh of relief for new vehicle buyers as the South African Reserve Bank [SARB] paused interest rates at 8,25% in July 2023, after ten consecutive hike rates...

New vehicle market seemingly healthy

03 July 2023: Some economists have argued that the economy is in a far healthier state than the broad perception might give it credit for. The country’s ability to have displayed any growth at all during the first-half of the year in the face of some of the worst...

naamsa releases June 2023 New Vehicle Stats

PRETORIA: Monday, July 03, 2023: naamsa | The Automotive Business Council said that the upbeat new vehicle market performance was encouraging given the multiplicity of negative considerations which still outweighs positive ones during the month of June 2023. Aggregate...