Of the 262 281 new light vehicles (passenger cars and light commercial vehicles) that were imported to South Africa in 2021, a staggering 49.3%, came from India.
The remaining portion was imported from 23 other countries, including Japan, China and Germany.
Imports of these vehicles increased from 203 572 units in 2020 to 262 281 units in 2021 – an increase of 28.8%.
Passenger car imports accounted for 78.3% of the total passenger car sales of 340 340 units, while light commercial vehicle imports accounted for 18.1% of total light commercial vehicle sales of 133 078 units.
In the resulting competition between imported and locally manufactured vehicles, South African consumers were the winners as they were spoiled for choice at competitive prices.
The top counties of origin for vehicles imported into South Africa were:
1. India (Tata, Mahindra)
2. Japan (Honda, Toyota, Suzuki, Mitsubishi, Datsun, Subaru, Nissan, Mazda, Lexus)
3. China (Baic, Haval, Foton)
4. Germany (Peugeot, Smart, Renault, BMW, Jaguar, Audi, Volvo, Porsche, Mercedes Benz, Fiat, Mini, Alfa Romeo, Land Rover
Renault Group says it will change the way it accounts for its stake in its alliance partner for 20 years, Nissan, after earlier reports that the French automaker’s share price could take a hit.
It is believed that Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds as the troubled Japanese automaker scrambles to boost cash.
Absa has taken another step towards becoming the bank of the auto industry by signing a formal collaboration agreement with the National Automobile Dealers’ Association (NADA).
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Daniel Pink
Renault Group says it will change the way it accounts for its stake in its alliance partner for 20 years, Nissan, after earlier reports that the French automaker’s share price could take a hit.
It is believed that Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds as the troubled Japanese automaker scrambles to boost cash.
Absa has taken another step towards becoming the bank of the auto industry by signing a formal collaboration agreement with the National Automobile Dealers’ Association (NADA).
