South Africa’s Automotive Industry: A Look Back at 2024 and What Lies Ahead in 2025

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2024 in Review: A Year of Challenges and Shifting Trends The new vehicle market in South Africa has remained intricately tied to the country’s broader economic conditions. Despite some promising signs in late 2024, the industry faced another tough year. While the last quarter showed signs of recovery, the year’s overall performance lagged behind 2023, with total new vehicle sales declining by 3% to 515,712 units. This is still below the pre-pandemic benchmark of 536,612 units achieved in 2019, highlighting the ongoing struggles of the sector. December 2024 Sales Performance…

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Suzuki Continues to Break Sales Records March 2021

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It was only in October 2020 when Suzuki first broke through the 2 000-sales level selling 2 032 units from dealerships, rental, and government sales. Now in March 2021 the Japanese vehicle manufacturer has smashed that record by selling 2 397 units which was a 12% increase on the previous record and a massive 92% increase over March 2020. (Note: Covid would have had an impact on March 2020 sales). Reports from Naamsa indicate Suzuki now has 8,54% market share of passenger vehicles and 5,23% share of the total industry. This means Suzuki is outperforming the general vehicle sales…

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