CAPE TOWN – It seems like the South African commercial vehicle industry is firing on all cylinders, with another growth month recorded in April 2019.
This is according to the latest combined year-to-date results released by the National Association of Automobile Manufacturers of South Africa (Naamsa), Associated Motor Holdings (AMH) and Amalgamated Automobile Distributors (AAD).
“Overall growth of 6.6 percent and a total of 8 104 units is quite surprising,” said Gert Swanepoel, managing director of UD Trucks Southern Africa. “It will be interesting to see how the market performs at the end of the second quarter, with South Africans going to the polls on the May 8.”
In a year-on-year comparison, medium commercial vehicle sales are also up by 14.7 percent to 2 562 units.
This is also the case in the heavy commercial vehicle segment, with growth of 6.9 percent recorded to bring sales to 1 581 units.