Good news about car sales for May
- Industry News
- 3 June 2025
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Renault South Africa recently held its annual Dealer of the Year Awards, acknowledging great performance to the brand within the 80-strong Renault Dealer network.
South Africa’s top-performing Finance & Insurance (F&I) professionals in the automotive retail sector were honoured at the prestigious 2025 Lightstone Auto Star Reacher F&I Awards held this past weekend.
Whether you are an owner or your dealership is owned by a corporate, it always has a value. In broad terms, this value is made up of two parts. The first is the net asset value of the dealership and the second is the goodwill of the dealership. It is on this basis that most motor dealerships are bought or sold.
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You can't buy happiness but you can buy cars and that's kind of the same thing.
UnknownF&I Awards recognises outstanding achievements and innovation of F&I professionals within the automotive industry. This is your opportunity to showcase your organization’s excellence and be honored for your contributions to the industry. As a leader in the automotive sector, your dedication to providing exceptional F&I solutions and services has made a significant impact on customer experiences and dealership performance. We invite you to submit your entry and share your success story with industry peers and experts.
Register here: https://fnisummit.co.za/
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It is more good news about car sales for May with new-vehicle figures of 45 308 units, which reflected an increase of 8 169 units, or a substantial gain of 22.0%, from the 37 139 vehicles sold in May 2024, buoyed by relatively stable economic fundamentals earlier in the year.
South Africa and its automotive industry are set to build resilience in 2025 and strengthen their trading position amid rising geopolitical uncertainties.
May 2025 was a consequential month for South Africa’s automotive sector, marked by a long-anticipated shift in the monetary policy cycle.
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