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south africa motor sales november 2018

South Africa’s motor trade sales increased in November 2018

Car sales increased marginally in November 2018, according to Statistics South Africa’s motor trade sales report.

Published on Thursday, the report notes that nominally, motor trade sales increased by 3.5% over November 2017.

Fuel sales also saw an increase of 20.8%, while sales at convenience stores increased by 2.2%.

“Seasonally adjusted motor trade sales increased by 0.2% in November 2018 compared with October 2018,” Stats SA adds in the report.

“This followed month-on-month changes of 1.8% in October 2018 and -0.6% in September 2018.”

Feature image: andreas160578 via Pixabay (CC0)


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