New vehicle sales peak in January

Sales of new vehicles in South Africa started 2007 on a strong note, rising by 6,9 percent compared to the same month last year, but vehicle manufacturers are predicting modest growth for the year on the back of higher interest rates. The National Association of Automobile Manufac-turers (Naamsa) said on Friday that car makers sold 52213 vehicles in January. - Reuters

Sales of new vehicles in South Africa started 2007 on a strong note, rising by 6,9 percent compared to the same month last year, but vehicle manufacturers are predicting modest growth for the year on the back of higher interest rates. The National Association of Automobile Manufac-turers (Naamsa) said on Friday that car makers sold 52213 vehicles in January. - Reuters

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