(Reuters) - South African new vehicle sales declined by 1.7 percent to 51,684 units in May compared to the same month last year, the National Association of Automobile Manufacturers (NAAMSA) said on Monday.
While the general economic outlook remains largely positive a number of recent negative economic developments clouded the short term outlook for the new vehicle market, including higher than projected April consumer and producer inflation data.
Read more at Reuters Africa
While the general economic outlook remains largely positive a number of recent negative economic developments clouded the short term outlook for the new vehicle market, including higher than projected April consumer and producer inflation data.
Read more at Reuters Africa
No comments:
Post a Comment