More South Africans Are Buying New Cars

More South Africans are buying new cars

By Selloane Ntshonyane The Automotive Business Council said 50,073 vehicles were sold in South Africa in January 2026, up 7.5% from last year. The council said vehicle demand improved because of lower inflation, a stable economy and consumers still willing to buy goods. South Africans bought more new vehicles at the start of 2026 as the economy became more stable and people continued spending money on big purchases. The Automotive Business Cou…

New cars sales still resilient

The new car buying trend has continued unabated into the new year, with January figures reflecting a 7,5% increase in total vehicle sales and passenger car volumes up 7,1%. “This is a welcome and encouraging sign for the local motor industry at a time when both the domestic and global economies remain in a state of flux,” says Ryan Seele, executive committee member of the National Automobile Dealers’ Association (NADA), following the release of …

PULSE OF NEW CAR SALES IN SOUTH AFRICA REMAINS RESILIENT - SME Tech Guru

“The new car buying trend has continued unabated into the new year, with January figures reflecting a 7.5% increase in total vehicle sales and passenger car volumes up 7.1%. This is a welcome and encouraging sign for the local motor industry at a time when both the domestic and global economies remain in a state of flux,” said Ryan Seele, executive committee member of the National Automobile Dealers’ Association (NADA), following the release of …