(Reuters) - South African new vehicle sales declined by 12.1 percent to 50,056 units in June compared to the same month last year, the National Association of Automobile Manufacturers (NAAMSA) said on Tuesday.
A number of recent negative economic developments have clouded the short term outlook for the new vehicle market, including higher interest rates and increasing car prices.
Read more at Reuters Africa
A number of recent negative economic developments have clouded the short term outlook for the new vehicle market, including higher interest rates and increasing car prices.
Read more at Reuters Africa
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