Local Business

10 best selling vehicles in October

Look what topped the list of popular cars this month.

SOUTH Africa’s new vehicle market continued to show surprising strength in October.

While labour stability and international demand saw a record 32 165 vehicle exports, it was the local number of 59 262 units that will raise eyebrows as it represents a 4.7% increase compared to October last year, bucking downward trend that we’ve seen for most of this year.

Once again there was a strong showing from the rental industry, accounting for 14.3% of total sales and 19.9% of the passenger vehicle market.

Light commercial vehicles proved to be the real star in October’s sales game, with a year-on-year gain of 14.0%, while the passenger car market grew by just 1.6%.

Nonetheless, Naamsa warns against being too optimistic as slow economic growth and continued vehicle inflation could keep the domestic market under pressure in the coming year.

Exports look set to go from strength to strength though.

Top sellers for October

1. Volkswagen Polo Vivo

2. Toyota Hilux

3. Ford Ranger

4. Toyota Corolla/Auris/Quest

5. Volkswagen Polo

6. Mercedes C-Class

7. Nissan

8. Toyota Etios

9. Chevrolet Utility

10. Toyota Quantum

 

Support local journalism

Add Zululand Observer as a Preferred Source on Google and follow us on Google News to see more of our trusted reporting in Google News and Top Stories.

Check Also
Close
 
Back to top button
X

 .

CLICK HERE TO ENTER