New
vehicle retail sales results reported to NAAMSA for August 2000 came in at 30
784 units, over seven percent up on last month (July 2000).


“New vehicle retail sales certainly bounced back during August, considering
the relatively poor showing for July,” says Marcos S. Oliveira, CEO and
Group Managing Director of the Ford Motor Company of Southern Africa. “We
are particularly pleased at the way the light commercial market recovered with
a nearly 16 per cent increase over July. In our own case, our dealers took advantage
of an improvement in vehicle supply as our manufacturing team increased throughput.

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“With total new vehicle sales tracking substantially ahead of last year,
we believe that consumer confidence is strengthening. However, although we are
cautiously optimistic and believe that this trend will continue through to the
end of the year, we realise that the economy is still fragile and vulnerable
to factors such as the fuel price increase and pressures exerted by exchange
rate fluctuations.


“Nevertheless, with all new vehicle retail segments showing growth versus
1999, we believe that small business entrepreneurs are making their presence
felt as the economy continues to improve,” says Mr. Oliveira.

Top
Performing New Passsenger Vehicles August 2000
Model
Volume
Toyota
Conquest
2053
Toyota
Corolla
2008
Ford
Tracer/Mazda Midge
1257
VW
Polo Classic/Playa
1254
Opel
Astra/Kadett
1152
Top
Performing New Light Commercial Vehicles August 2000
Model
Volume
Toyota
Hilux
1943
Isuzu
KB
1575
Ford
Ranger/ Mazda Drifter
1455
Mitsubishi
Colt
1024
Nissan
Hardbody
997

Source: NAAMSA

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