Future looks bleak for new car dealers

18 October 2016 - 09:41

By Suthentira Govender

New-car dealers are being forced to shut shop or consolidate as the economy flounders. While the new-car market struggles, the used-vehicle sector has had a boost in sales, says TransUnion SA's latest vehicle-pricing index report.The report shows an increase in new-vehicle prices from 8.4% in the second quarter of this year to 9.

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