South African vehicle sales surge in June, but still way down year-on-year

Business

Johannesburg – There is good and bad news concerning South Africa’s new vehicle sales in June 2020.

June was the first month that the motor industry was able to start to fully operate following the lockdown restrictions imposed in the past months, and as a result the total sales volume last month went up by 146% compared to the month before, from 12 932 to 31 867 units.

That may certainly be good news but it’s worth noting that June 20200 sales were still 30 percent down compared to the same month last year.

Passenger cars fell by 33.4% year-on-year, while light commercial sales were down by 29.7%.

The rental car industry has also been hit hard by the lockdown restrictions, and that explains the 0.4% of the cars sold in June went to rental firms. Interestingly, 4.6% of vehicle sales were to government fleets, while the corporate world scooped up 3.7%.

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