Sales of light commercial vehicles in South Africa declined 13% in May 2019, a total drop of 1,816 versus numbers that were reported during the same time last year.
The top-selling OEM in Tunisia is Isuzu Motors with its D-Max truck, which is also the No. 1 selling vehicle. Isuzu has been assembling the D-Max in Tunisia since 2002. Citroen is the next best-selling commercial vehicle, followed by Peugeot.
Many multinational companies operating in Egypt pay a cash allowance to employees to use a personal vehicle instead of providing a company car. By doing so, companies transfer vehicle maintenance management responsibility and residual risk to employee drivers.
There are an estimated 140,000 vehicles in operation in the commercial fleet market, which is comprised of 57% trucks and 43% cars. Tourism is a large segment of the economy, making daily rental the second largest fleet segment.
South Africa is largest market of commercial vehicles in Africa. The corporate fleet market in South Africa is estimated at 1.2 million vehicles. New vehicle sales in the next two largest markets -- Nigeria and Kenya -- have collapsed due to sluggish economies and depressed prices for commodities.