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August 2, 2019

INTEREST UP, BUT SALES DOWN

While consumers may have enjoyed some reprieve from the interest rate cut in July, the motor industry didn’t. New vehicle sales continued their downward trend according […]
August 1, 2019

NAAMSA INDUSTRY NEW VEHICLE SALES STATISTICS FOR JULY 2019

The National Association of Automobile Manufacturers of South Africa [NAAMSA] said that the new vehicle sales declining trend continued into July 2019 with lower passenger car […]
July 2, 2019

THE FIC ACT’S IMPACT ON MOTOR VEHICLE DEALERS

Part 2 of 2 Compliance markers for motor vehicle dealers As reporting institutions, motor vehicle dealers are required to register with the Financial Intelligence Centre. Following […]
July 2, 2019

NADA PLEADS TO THE SOUTH AFRICAN RESERVE BANK TO CONSIDER LOWERING INTEREST RATES AS NEW VEHICLE SALES DIAL DOWN AGAIN IN JUNE

* Overall Dealer sales channel for June 2019 – 36,922 new vehicles (passenger and commercial vehicles) were sold on dealer floors in June 2019 (2018: 38,292 […]