Positive Performance by Export Vehicle Sales
According to NAAMSA the overall domestic sales figures had eased despite continued growth in the medium and heavy commercial vehicle segments as indicated in the new vehicle sales statistics for the month of November 2018.
Monthly export sales had continued to record modest gains in line with industry expectations. Work stoppages and unprocedural industrial action at various manufacturing plants would have impacted on industry production and export numbers.
November, 2018 aggregate export vehicle sales had turned in another positive performance and at 34 352 vehicles had registered an improvement of 824 units or a modest gain of 2.5% compared to the 33 528 vehicles exported in October last year. The momentum of export sales had improved over the past few months and, taking into account relatively strong order books reported by most vehicle exporters, exports should improve further and reflect strong growth in 2019 and subsequent years.
See links below for the full media release from NAAMSA and statistics for November 2018 Industry New Vehicle Sales.