directory sites press Submit Site Submit Press Release

Text All Categories Business Alternative Fuel Vehicles Automobile equipment & GPS Automobile Research , Training & Education Automobile Schools & Technology Automobile Workshop USA Car Parts Cars Clubs Consumer Information Dealers Dealers: US States Discount Zone Driving and Safety Electric Vehicles Enthusiasts Kit Cars and Replicas Miscellaneous Motorcycles Motorcycles: Parts and Accessories Purchasing Racing Rentals Rentals: U.S. States Repair and Maintenance Toys Trucking

Vehicle sales continue to grow 5th June, 2006 Vehicle sales continue to rise, the National Association of Automobile Manufacturers of SA (Naamsa) said on Friday. In May 2006, 52 534 vehicles were sold, a 14.5 percent improvement on the 45 863 cars sold in the same month last year. New car sales, despite stock shortages experienced by some motor vehicle manufacturers, shot up by 16.6 percent, or 4986 new cars, over the 30 085 new cars sold during May 2005. The association said the competitive domestic market and new model introductions meant that new cars sales in the first five months of this year were up 18.9 percent compared to the same time last year. "A favourable macro-economic environment, strong business and consumer confidence, growing real disposable income, low interest rates, substantially enhanced new vehicle affordability and the continuing introduction of technologically advanced, fuel efficient models — would continue to lend support to the market," Naamsa said. Sales of new light commercial vehicles, including bakkies and minibuses, increased by ten percent or 1334 vehicles in May over the 13 307 sold in May last year. "Demand for new cars and commercial vehicles remained fundamentally strong," Naamsa said. New medium and heavy truck sales in May also showed strong gains. May 2006 sales of medium commercial vehicles, at 1311 units, and sales of heavy trucks and buses, at 1511 units, reflected an improvement of 135 units or 11.5 percent, in the case of medium commercials, and 216 units or 16.7 percent, in the case of heavy trucks and buses, when compared to the corresponding month last year. Naamsa said the medium and heavy truck segments would continue to benefit from strong fixed investment and infrastructural development. Aggregate export sales for the first four months of 2006, at 53 372 vehicles, had registered an improvement of 21 080 units or 65.3 percent compared to the 32 292 export sales during the first four months of 2005. The significant growth rate was in line with the projected doubling of export sales between 2005 and 2007 and would contribute to projected record automotive industry production for 2006, Naamsa said. The association said the sustained monthly sales performance on the back of two exceptional, record-breaking years, was impressive. Url:  http://www.southafrica.info/

Automobile Directory | Submit Auto Site | Auto News | Search | Privacy | Contact Us   © 2005-2010 AutomobileDir.Com - Automobile Directory The AutomobileDir web directory lists quality auto companies, shops and automotive information sites. New auto/car websites are listed daily here. The comprehensive automotive search engine to find anything you need on cars, trucks, motorcycles and auto related products, services, companies, information on the web.