Johannesburg - The South African new vehicle market continued its gradual decline in June 2019, with overall sales across the segments shrinking by 1.6 percent, versus the same month last year, to 46 663 units in total.
Bucking recent trends, the light commercial vehicle market actually showed some growth in June, with a year-on-year gain of 1.2 percent to 14 495 units, but this was offset by a 3.2 percent decline in the passenger car market, which saw sales of 28 885 units. This was in spite of a substantial contribution from the rental car industry, which accounted for 18.4 percent of sales.
Medium and heavy commercial vehicle sales were a mixed bag, with the former segment growing by 16 percent year-on-year, and the latter declining by 3.9 percent.
Vehicle exports saw a return to growth, gaining 14.3 percent versus June 2018.
See-saw of hope and confusion