NADA encourages careers in South Africa’s retail motor industry

South Africa, Johannesburg, 31 October 2023: The National Automobile Dealers’ Association (NADA) is taking several proactive steps to inspire more individuals to pursue a career in the retail automotive sector in response to the growing shortage of critical...

naamsa RELEASES AUGUST 2023 NEW VEHICLE STATS

PRETORIA: Friday, September 01, 2023: Reflecting on the new vehicle sales statistics for the month of August 2023, naamsa | The Automotive Business Council said that the weak new vehicle sales performance underlines the ongoing stressed business and consumer...

Economic pressures take a toll on new vehicle sales in August

SOUTH AFRICA, Johannesburg, 01 September 2023: The South African new vehicle market has demonstrated its resilience in the face of ongoing economic downturns for several months. However, in August, it could no longer withstand the pressure from increasing interest...

NEW VEHICLE SALES STRAINED BY SARB INTEREST

CITY OF TSHWANE: Monday, April 03, 2023: naamsa | The Automotive Business Council said that the South African Reserve Bank [SARB] interest rates increase by 50-basis point to 7,75% repo rate and prime lending rate at 11,25% is already having an impact on a shrinking...