Vehicle sales: Uphill in 2024, focus shifts to 2025
- Industry News
- 9 January 2025
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Create your FREE accountSerious damage was caused to Westvaal Motor Group’s Isuzu and Suzuki dealership in Welkom when a tornado hit the town this past Sunday shortly after midday. The estimated damage to the dealership could exceed a million rand.
Supergroup Dealerships announced the upcoming launch of four new MG dealerships as part of its growing portfolio. The new locations that are set to open soon, include three on the East Rand, one in Rustenburg and one in Paarl, Western Cape.
The Nissan Magnite seems to have captured the imagination of traditional as well as new buyers of the brand. With an updated Magnite recently launched and arriving at dealerships currently, there is good interest from prospective buyers of small Crossovers with a strong SUV character.
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Keyloop has announced the appointment of Megan Harvey (photo), as the company’s new Chief Revenue Officer (CRO).
GAC Motor South Africa, a driver of South African automotive innovation, announced a strategic price reduction for its Emzoom and Emkoo models.
The new-vehicle market remains closely tied to broader economic conditions in the country. As the first half of 2024 was particularly challenging, new-vehicle sales in 2024 fell compared to 2023, even though the last quarter of 2024 was promising.