Toyota SA tops the list of top brands in August 2022 as new car sales grow

The National Automobile Association of Manufacturers of South Africa has released the numbers of new vehicle sales for the month of August 2022. 
 
NAAMSA says new vehicle sales continue to rise in the country and that is happening at an encouraging rate as the month of August saw a total volume off 47 420 units. 
 
The numbers suggest that the units stand at 14.2% more than the same month last year according to a report carried by IOL. 
 
Judging the number or ratings, Toyota is at the top of the list and is followed by Volkswagen, Suzuki occupies the third spot with Hyundai taking number four. 
 
The association announced that passenger car sales grew by 14.6% year-on-year, while a resurgent light commercial vehicle market gained 13.1% versus August 2021. Medium commercial vehicles declined by 0.4%, however, while the heavies were up by 20.2%. 
 
86.2% of all new vehicle sales last month took place through the dealer channels, while the rental industry accounted for 8.3%, corporate fleets 4.3% and government 1.2%. 
 
“According to the ABSA Purchasing Managers’ Index, domestic demand is also likely continuing to benefit from the reopening effect, while an easing in the intensity of load shedding meant that conditions in the manufacturing sector improved in August 2022,” Naamsa said. 
 
“The new vehicle market’s performance for the year-to-date is still 13.8% ahead compared to the corresponding period in 2021, but the pace of steady growth being experienced in the market is expected to slow down for the balance of the year.” 
 
The latest statistics also reveal that August was encouraging for export sales, which increased by 57% year-on-year to 28 662 units.  
 
Moreover, the development means the numbers could grow considering that the new Ford Ranger will be built in Silverton, Tshwane.  
 
With Toyota South Africa’s prospection plant now reopened following floods in KwaZulu-Natal, the popular carmaker sold more than 10 000 vehicles for the first time since its closure earlier this year.  
 
Top-selling brands: August 2022 
 
Toyota – 10 797 
Volkswagen – 6 630 
Suzuki Auto – 4 164 
Hyundai – 3 098 
Nissan – 2 644 
Renault – 2 350 
Ford – 2 341 
Isuzu – 1 830 
Kia SA – 2 035 
Haval – 1 797 

Main Image: Toyota Vehicle/Twitter