Total vehicle sales in South Africa declined 29.6 percent year-on-year to 32,396 units in July of 2020. It was the fifth consecutive month of downturn in vehicle sales but at the softest pace since March when the adverse effects of the global pandemic began to be felt.
Total Vehicle Sales in South Africa averaged 40143.50 from 1994 until 2020, reaching an all time high of 65689 in August of 2006 and a record low of 574 in April of 2020. This page provides the latest reported value for - South Africa Total Vehicle Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: NAAMSA, South Africa
Total Vehicle Sales in South Africa is expected to be 40000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in South Africa to stand at 47000.00 in 12 months time. In the long-term, the South Africa Total Vehicle Sales is projected to trend around 48000.00 in 2021 and 48500.00 in 2022, according to our econometric models.