FORD SAYS: New vehicle sales enjoyed their third consecutive month of growth this year according to figures released by the National Association of Automobile Manufacturers of SA (Naamsa).
The new vehicle market broke through the 40 000 units threshold to total 43 591 units in March. “The reassuring results indicate a positive ongoing trend to sales recovery, despite the March figures being buoyed by reasonably substantial rental sales ahead of the World Cup,” says vice president Marketing, Sales and Service, Ford Motor Company of Southern Africa, Jacques Brent. March sales grew 20.1% year on year, 10.9% ahead of February results.
Market growth was fairly evenly shared by passenger car and light commercial vehicle (LCV) sales. Passenger car sales rose 9.6% on February to 28 478, while LCVs increased 12.1% to 12 954 units. Their segment performances were up 21.9% and 14.5% respectively on the same period last year.