New vehicle sales grew at a faster pace in June, registering a 12.6% rise to 44 880 compared to 39 874 vehicles sold during June last year, the National Association of Automobile Manufacturers of SA (Naamsa) said on Monday.
In May, aggregate industry domestic sales rose 6.1% to 41 555 from 39 166 on an annualised basis.
For the first half of 2011, total domestic sales remained 15.7% ahead of the corresponding six months in 2010. This was down from the 16.4% year-on-year growth for the first five months of the year, the association said. Export vehicle sales were up 23.7% to 25 295.
Naamsa said that out of total June industry sales of 44 880 vehicles, 85.7% represented dealer sales, 7.8% sales to the car rental industry, 3.6% industry corporate fleet sales and 2.9% sales to government.
[Source: I-Net Bridge]