Friday, February 2, 2007

Bidvest jumps 4 pct on auto sales

Shares in South African food to freight firm Bidvest, whose operations include a motor vehicle sales firm, rose as much as 4 percent on Friday following the release of positive vehicles sales figures.

New vehicle sales in South Africa rose 6.9 percent in January compared to the same month last year, according to the National Association of Automobile Manufacturers (NAAMSA).
Bidvest owns McCarthy Limited, a motor vehicle sales company.

Read more at Reuters South Africa

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