<\/p>\n
South Africa\u2019s new-vehicle sales rose 10.4% year on year to 61 890 units in October, keeping the market on course to surpass 600 000 sales this year.<\/p>\n
Passenger-car demand and rental purchases supported activity despite rising fuel costs and mounting pressure on household budgets.<\/p>\n
Naamsa, the Automotive Business Council, reported an increase of 5 839 units compared with October 2025. Ten-month sales reached 554 081, up 12.3% year on year. A further 45 919 vehicles would need to be sold in November and December to take the market to the 600 000 mark.<\/p>\n
Read:
Why WeBuyCars has lost its shine
SA auto industry launches drive to replace 1.7m defective airbags<\/p>\n
The National Automobile Dealers Association (Nada) reported that October sales increased by 234 vehicles, or 0.4%, from September\u2019s revised figure of 61 656.<\/p>\n
ADVERTISEMENT<\/p>\n
CONTINUE READING BELOW<\/p>\n
Passenger-car sales rose 13.6% year on year to 45 084 units, with rental companies accounting for 21.4% of the segment. Light commercial vehicle sales, including bakkies and minibuses, increased by 2.2% year on year to 13 689 units, although Nada\u2019s month-on-month comparison showed a 4.6% decline.<\/p>\n
Rental companies accounted for 16.5% of total domestic sales in October, compared with 13.8% in September, while dealership sales made up 78%, down from 81.4%.<\/p>\n
Nada chair Brandon Cohen said rental purchases had played an important role in October\u2019s sales performance as the year-end holiday travel period approached.<\/p>\n
The figures come amid higher fuel costs.<\/p>\n
Naamsa said inland 95-octane petrol reached R30.25 a litre from 7 October. Temporary fuel levy relief announced in the October Medium-Term Budget Policy Statement took effect on 4 November.<\/p>\n
Cohen cautioned that stronger sales did not necessarily signal an easing of affordability pressures. \u201cThe deposit, repayment period, and any balloon payment all affect affordability,\u201d he said.<\/p>\n
Read:
Affordable Chinese brands help drive SA\u2019s NEV transition
SA\u2019s new vehicle sales hit 20-year high, but fuel price spike could dampen demand<\/p>\n
ADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n
Vehicle exports also improved in October, rising 6.3% year on year to 38 117 units and 21.1% compared with September. However, cumulative exports for the first ten months of the year remained 8.3% below the corresponding period in 2025, according to Naamsa.<\/p>\n
Cohen added that the market\u2019s next phase of growth will depend on what consumers and businesses can afford.<\/p>\n
\u201cThe progress made this year is welcome, but continued growth will depend on what households and businesses can comfortably commit to vehicle ownership,\u201d he said.<\/p>\n
The shift towards alternative powertrains is also gathering momentum. Naamsa reported that 22 389 new energy vehicles were sold in the first nine months of 2026, already 34% more than the total recorded for the whole of 2025.<\/p>\n
* Phenyo Selinda is a Moneyweb Intern.<\/p>\n
#vehicle #sales #rise #market #targets #milestone<\/p>\n","protected":false},"excerpt":{"rendered":"
South Africa\u2019s new-vehicle sales rose 10.4% year on year to 61 890 units in October,…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[33,3568,70,676,956,5408],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/19665"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19665"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/19665\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}