New Vehicle Sales Dramatically Increase by 10.1% From a Year Ago ...

New vehicle sales dramatically increase by 10.1% from a year ago ...

South Africa new vehicle sales climb 22% in May as interest rate cut boosts confidence

New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024

SA new vehicle sales climb 22% in May as interest rate cut boosts confidence

South Africa’s new vehicle market recorded strong growth in May 2025, with total sales rising 22% year-on-year to 45,308 units. The performance followed a long-anticipated 25 basis point cut in the repo rate by the South African Reserve Bank (SARB), a policy shift welcomed by the automotive sector as a boost to affordability, investment and industrial resilience. Read more...

Top 5 Best-Selling Bakkies in SA – May 2025

A promising 5.8% increase year-on-year for the LCV segment still has Toyota’s Hilux leading the charge for bakkie sales. Here are the Top 5. Looking for a new or used vehicle? Find it here with CARmag! According to Naamsa data, South Africa’s light commercial vehicle (LCV) segment (which includes bakkies and minibuses) recorded decent growth in May 2025, supported by a long-anticipated shift in monetary policy. The South African Reserve Bank’s d…

Growing consumer confidence boosts new vehicle sales

New vehicle sales in May experienced a buoyant 22% surge to more than 45 000 units, according to the latest sales data from naamsa | The Automotive Business Council. “It was most satisfying to see customer confidence, boosted by a further interest cut and positive developments on the geopolitical front, translate into a 22% improvement in retail new vehicle sales in May,” says Brandon Cohen, national chairperson of the National Automobile Dealer…

South Africa Total New Vehicle Sales increased to 45308 in May from previous 42401

South Africa Total New Vehicle Sales increased to 45308 in May from previous 42401