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Impact of Covid-19 | Stephen Grootes – Newzroom Afrika

I had an interview on Newzroom Afrika with Stephen Grootes on how COVID-19 has impacted the automotive industry, particularly its effects on car buying trends in South Africa. South Africa is STILL buying cars One of the things that is evident in the data is that South African car buying consumers are STILL buying cars - with a bigger swing to used cars, causing the new car market to come under pressure. From the data on AutoTrader, we saw a -13% decline in used car sales year-on-year for the month of June 2020, coming out of a lockdown level five. [...]

2020-09-10T12:56:33+02:00September 10th, 2020|Consumer Car Shopping|

Car sales data according to NAAMSA, Kantar & AutoTrader

Used car sales data adds insight to the automotive industry. While used car sales in South Africa dwarfs new car sale, new car sales are an important feeder to the used car retail market place. I was recently joined by Mike Mabasa, Naamsa CEO, and Richard Rice, Kantar Business Development Director, to speak about the future of the automotive industry. Not only from the AutoTrader car industry report and the data it contains, but also from an SA manufacturing perspective of electric cars. Future decisions rely on used car data According to Mike Mabasa, the latest instalment of the AutoTrader [...]