New car sales in South Africa increased 18.3% year on year to 54,067 units in July according to the National Association of Automobile Manufacturers (NAAMSA).

The daily selling rate hit a five-year high and exports rose 11.6% in the month.

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NAAMSA said the industry remains on track for projected growth of 10% aided by a recent central bank interest rate cut.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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