Figures released by NAAMSA show that the South African vehicle market declined by 13.8% over last year to 47,707 units in November.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The decline was described by NAAMSA as sharp and shows a deteriorating trend following October’s smaller year-on-year drop of 5.9%.


Passenger car sales in November declined 15.7% to 29,335 units.


On a year to date basis, NAAMSA reported new car sales were 9.2% below the corresponding January to November sales of 2006.


NAAMSA said that trading conditions generally, particularly in the new car market, remained under severe pressure under the cumulative impact of interest rate increases, record high levels of household debt, pressure on disposable incomes due to rising inflation and deteriorating business and consumer sentiment.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

NAAMSA added in a statement that looking ahead to 2008, the automotive industry faced the prospect of a weak market for at least the first half of the year.