Sales figures for July show a month-on-month rise of 1,8% but a more impressive increase of 10,5% year-on-year. About 12,8% of sales throughout the country went to rental companies.
In an article published in Business Day, Naamsa's director, Nico Vermeulen says that he is disappointed with the figures as there had been an 8% increase in sales in June compared with just 1,8% in July. He says the figures are "cause for concern" and that the large, premium and SUV sectors of the market are still under pressure.
Read more:
