Tuesday, May 05, 2009

April vehicle sales collapse 43% - worst on record

SHOOT: Meanwhile FIAT reckons this is a market in which to grow; to flourish. Having said that, it's interesting to see that in a single month, the worst on record, 23 000 new vehicles joined our already clogged motorways to start a life of gas guzzling and emissions.
NEW vehicle sales were the worst on record in April, due to the month’s high number of public holidays and the slowing economy, the National Association of Automobile Manufacturers of SA (Naamsa) said today. "In addition to a slowing economy and depressed consumer spending, the main factor contributing to the massive decline was the large number of public holidays that fell during April 2009,"

Naamsa said in a statement. Naamsa reported new vehicle sales for April 2009 at 24,063

units, reflecting a massive decline of 18,262 units or 43,1% compared to the 42,325 units sold during the corresponding month last year.

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