South Africa's car sales rise 10.7pc in December

South Africa's new vehicle sales rose 10.7 per cent year-on-year in December to 51,461 units, data showed yesterday.

 Export sales fell 1.6 per cent to 21,833 cars. Sales for 2014 totalled 664,523 units, down 4,693 units, or 0.7 per cent, compared to 2013. Year-to-date exports inched up 0.2 per cent, adding 470 units to 276,874, despite strikes in the sector in 2014. Spending in Africa's second-largest economy was strained throughout 2014 as consumers struggled with high levels of debt and unemployment.

-Reuters

 

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