South Africa Fleet Sales Continue Decline in July

Domestic sales of new light commercial vehicles and medium- and heavy-trucks in South Africa continued to decline significantly amid the COVID-19 pandemic, with overall vehicle sales in the country dropping by 29.6%, year-over-year, according to the National Association of Automobile Manufacturers of South Africa (NAAMSA).

Light commercial vehicle sales were at 11,123 units in July, marking a 19.7% decline from the 13,859 assets sold during the corresponding month last year.

Meanwhile, sales for medium- and heavy-truck segments in the industry also performed weaker at 698 units and 1,670 units, respectively, according to NAAMSA. This reflected a 12.9% decline in the case of medium commercial vehicles, and, in the case of heavy trucks a decline of 13.2% when compared to the corresponding month last year.

The new vehicle sales statistics for July 2020 was at 31,867, of which 3.67% went to industry corporate fleets.