N ew car sales to rise slightly

11 January 2010 - 02:00
By unknown

NEW vehicle sales in South Africa last year were at their lowest since 2003 but there are signs of a modest recovery this year, the National Association of Automobile Manufacturers (Naamsa) said.

NEW vehicle sales in South Africa last year were at their lowest since 2003 but there are signs of a modest recovery this year, the National Association of Automobile Manufacturers (Naamsa) said.

Sales for 2009 fell by 25,9percent to 395230 compared to 533387 vehicles sold in 2008.

For December, total sales declined by 7,2percent year-on-year to 30478. - Reuters