Last month’s interest rate hike of 25 basis points failed to put the brakes on new-vehicle sales in SA, which continued their gradual recovery in November.
Despite the first interest rate hike in three years, and other factors like sustained load-shedding and consecutive fuel price hikes, sales hit 41,588 last month — marginally higher than the 41,035 in October and a 6.6% increase over November 2020.
The upswing was largely driven by 27,828 passenger cars finding buyers last month, a 9.4% gain over November last year, while bakkies and light commercials dipped 0.8% to 11,156 units with the Ford Ranger, a major player, undergoing a full model change.
Passenger cars were bolstered by strong demand from the rental industry which accounted for 15.6% of November car sales, said the Naamsa Automotive Business Council.
Medium and heavy truck sales were respectively up by 22.1% and 8.1%.
“New vehicle sales figures for November 2021 show that the market is holding up surprisingly well despite a number of factors that we thought would have resulted in a slowdown of new vehicle business,” commented Mark Dommisse, chairperson of the National Automobile Dealer Association (NADA).
Overall, dealers had another good selling month, with Toyota showing the highest growth on units by 1,964 units (19.7%), Suzuki 489 units (18.8%) and Porsche 58 (170%) from the previous month.
“We could see December and January sales demonstrate the negative effect of the arrival of the new Covid-19 variant, as well as the huge increases in fuel prices and the affect of the weaker rand on vehicle pricing,” said Dommisse.
Toyota retained its domestic market leadership last month with 11,892 sales, with the newly launched Corolla Cross becoming SA’s third most popular vehicle in its first month.
Toyota was followed by VW Group (5,498), Suzuki Auto (3,082), Hyundai (2,869), Nissan (2,328), Ford (2,245), Isuzu (2,157), Renault (2,081), Kia (2,062), and Haval Motors (1,730) rounding out the top ten.
SA’s top-selling new vehicles — November 2021
- Toyota Hilux — 2,558
- Toyota Hi-Ace — 1,763
- Toyota Corolla Cross — 1,757
- Isuzu D-Max — 1,666
- VW Polo Vivo — 1,608
- Toyota Starlet — 1,477
- VW Polo — 1,221
- Ford Ranger — 1,165
- Suzuki S-Presso — 926
- Toyota Agya — 911
- Renault Kwid — 876
- Suzuki Swift — 859
- VW T-Cross — 838
- Kia Picanto — 729
- Renault Triber — 719
- Toyota Fortuner — 701
- Toyota Urban Cruiser — 699
- VW Polo Sedan — 669
- GWM P Series — 655
- Ford Ecosport — 630
- Nissan Navara — 617
- Nissan NP200 — 589
- Hyundai Atos — 551
- Hyundai Creta — 525
- Toyota Corolla Quest — 517
- Mahindra Scorpio Pik Up — 506
- Haval Jolion — 468
- Hyundai Grand i10 — 444
- Kia Sonet — 439
- Toyota Rumion — 375
These were SA’s top selling cars in November
All-new Toyota Corolla Cross vaults into third place in its first month on sale
Image: Supplied
Last month’s interest rate hike of 25 basis points failed to put the brakes on new-vehicle sales in SA, which continued their gradual recovery in November.
Despite the first interest rate hike in three years, and other factors like sustained load-shedding and consecutive fuel price hikes, sales hit 41,588 last month — marginally higher than the 41,035 in October and a 6.6% increase over November 2020.
The upswing was largely driven by 27,828 passenger cars finding buyers last month, a 9.4% gain over November last year, while bakkies and light commercials dipped 0.8% to 11,156 units with the Ford Ranger, a major player, undergoing a full model change.
Passenger cars were bolstered by strong demand from the rental industry which accounted for 15.6% of November car sales, said the Naamsa Automotive Business Council.
Medium and heavy truck sales were respectively up by 22.1% and 8.1%.
“New vehicle sales figures for November 2021 show that the market is holding up surprisingly well despite a number of factors that we thought would have resulted in a slowdown of new vehicle business,” commented Mark Dommisse, chairperson of the National Automobile Dealer Association (NADA).
Overall, dealers had another good selling month, with Toyota showing the highest growth on units by 1,964 units (19.7%), Suzuki 489 units (18.8%) and Porsche 58 (170%) from the previous month.
“We could see December and January sales demonstrate the negative effect of the arrival of the new Covid-19 variant, as well as the huge increases in fuel prices and the affect of the weaker rand on vehicle pricing,” said Dommisse.
Toyota retained its domestic market leadership last month with 11,892 sales, with the newly launched Corolla Cross becoming SA’s third most popular vehicle in its first month.
Toyota was followed by VW Group (5,498), Suzuki Auto (3,082), Hyundai (2,869), Nissan (2,328), Ford (2,245), Isuzu (2,157), Renault (2,081), Kia (2,062), and Haval Motors (1,730) rounding out the top ten.
SA’s top-selling new vehicles — November 2021
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