Slump in demand for bakkies and minibuses drags down new-vehicle sales

Fall of almost 5% in total sales in August deals a blow to hopes of a sustained improvement

​Fall of almost 5% in total sales in August deals a blow to hopes of a sustained improvement   

Hopes of a sustained improvement in new-vehicle sales were dealt a blow on Monday when August’s figures showed a 4.9% decline from a year earlier.

Vehicle manufacturers and importers association Naamsa reported that 43,588 new cars and commercial vehicles were sold last month — down from 45,854 in August 2023…

 BusinessLIVE > economy