Isuzu Motors South Africa (IMSAf) and its truck brand have once again maintained their top position in the South African truck market – celebrating their 10th consecutive year as the truck market leader according to the latest naamsa report.
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“We have several reasons to celebrate when ringing in the new year, with such an excellent sales record, the amazing hard work of everyone in the Isuzu Dealer Network, and the team members assisting day in and day out,” says Craig Uren, Senior Vice President, Revenue Generation at Isuzu.
The South African truck market, including vans and buses, recorded total sales of 30,153 units for the 2022 calendar year, an increase of 11.4% overall on 2021 numbers, with Isuzu’s growth standing at 4.7%.
Isuzu achieved a total sales figure of 3 304 units of the total market, excluding vans and buses – a record performance for the brand, which smashed the previous year’s total by an increase of 4.76%.
The Medium Commercial Vehicle market increased by 17.8%. Isuzu sales in this category increased by +10.12% compared to 2021. The Heavy Commercial Vehicle market increased by 19.6%. Isuzu sales in this category increased by 0.24% compared to 2021.
“I have been working closely with our Dealer Network over the past years, and it’s fantastic to see Isuzu chalk up another stellar sales performance off the back of this determined effort,” says Craig. “With such high demand for Isuzu products, it’s been our top priority to maintain a steady supply of trucks while delivering excellent customer service and after-sales support,” he adds.
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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).