The Volkswagen Polo and Polo Vivo are the most popular vehicles in South Africa, according to the National Association of Automobile Manufacturers of South Africa (Naamsa) statistics for new vehicles sales in May 2018.
The Naamsa statistics report shows new vehicle sales at 42 984 – an improvement of 1 022 vehicles, or 2,4%, from the 41 962 vehicles sold in May last year.
According to Naamsa, the latest vehicle sales and export numbers continued in line with general industry expectations.
Overall, out of the total reported Industry sales of 42 984 vehicles, an estimated 37 370 units, or 87%, represented dealer sales, an estimated 7,3% represented sales to the vehicle rental Industry, 3,7% to industry corporate fleets and 2% to the government.
The May 2018 new car market, at 26 561 units, registered a marginal improvement of 179 cars or a gain of 0,7% compared to the 26 382 new cars sold in May last year. Seasonal factors continued to affect the car rental industry contribution, which had accounted for about 9,8% of new car sales in May this year.
Domestic sales of new light commercial vehicles, bakkies and minibuses improved modestly and at 13 977 units during May 2018, registered a gain of 434 vehicles, or 3,2%, compared to the 13 543 light commercial vehicles sold during the corresponding month last year.
Naamsa says expectations going forward remained unchanged, namely, new vehicle sales should show a gradual improvement over the medium term due to further recovery in domestic demand supported by continued moderation in new vehicle price inflation, the improvement in South Africa’s political and policy environment, the March 2018 reduction in interest rates and unchanged international credit ratings.
This, in turn, would benefit domestic new vehicle sales over the balance of the year and an annual improvement in domestic sales volumes of 3% plus when compared to 2017 was possible.
Talking to BusinessTech, head of Dealer Automotive Retail at Standard Bank, Cyril Zhungu, said South Africa’s vehicle market continued to show positive growth, with sales expected to reach 2% year-on-year in 2018 at 568 000 vehicles.
“The market is largely being driven by the lower and medium segments –and we expect strong activity to continue,” he was quoted as saying.
Here are South Africa’s 10 best-selling passengers cars for May 2018
- Volkswagen Polo – 1 979
- Volkswagen Polo Vivo – 1 904
- Toyota Corolla/Auris/Quest – 1 228
- Toyota Fortuner – 1 102
- Hyundai Grand i10 – 1 081
- Toyota Etios – 908
- Kia Picanto – 719
- Renault Kwid – 712
- Toyota RAV4 – 705
- Hyundai Creta – 700
Additional reporting by BusinessTech