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New vehicle sales: local production reigns in February



The upward trend in new vehicle sales continued in February, despite mounting concerns about Russia’s invasion of Ukraine.

In a month in which no declines were recorded in the respective market segments, the Toyota Hilux remained at the top with sales of 3,503, making it the only vehicle to register more than 2,000 units for the second month in a row.

Following the January procession, Toyota also took the second step on the podium, this time with the Corolla Cross (1 693), while the Starlet took fourth (1 607) behind the Volkswagen Polo Vivo (1 634).

Vanir-exodusly assembled models made up the next two places in the form of the Toyota HiAce (1 458) and Isuzu D-Max (1 401), followed by the Indian-origin Suzuki Swift (1 313).

Partly as a result of the arrival of the facelift model, the Volkswagen Polo dropped from third to eighth place with sales of 1 186 units, displacing the Toyota Fortuner (1 101) and Renault Kwid (1 041).

According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), the 44,229 vehicles moved reflected an 18.4% increase from the 37,369 vehicles moved in February last year. At the same time, it also surpassed 41 382 units sold last month.

As mentioned, none of the individual segments ended in the red: passenger cars rose 22.4% from 24 144 to 29 563, and light commercial vehicles a significant 9.4% increase from 11 232 to 12 290.

After a mixed January, medium and heavy commercial vehicles followed the status quo, with the former jumping 7.5% from 343 to 572 and the latter jumping 23.5% from 1 461 to 1804.

ALSO READ: New car sales: Hilux continues to lead as Suzuki sets record in January

In a reversal from last month, exports ended in the black with the 32 867 units shipped, representing a 12.3% increase from the 29 277 in 2021.

“The healthy performance in the new vehicle market reflected an improvement in domestic demand, although year-on-year comparisons remain difficult to interpret due to the different pandemic conditions in the corresponding 2021 period,” said NAAMSA.

“The growth-positive national budget that was adopted during the month brought good news for the first time for businesses and consumers with a reduction in corporate income tax, adjustments in personal tax brackets and no increase in fuel or road accident levies. since 1990.

“The relief from South African motorists was short-lived, however, as fuel prices will hit record highs in March 2022, with petrol costing more than R21 per liter for the first time.”

It also warned that the increase, upward adjustment of CO2 April tax and the attack on Ukraine could lead to a possible negative outlook, further fueled by the appreciation of the rand against the US dollar.

“Although the ABSA Purchasing Managers’ Index [PMI] For February 2022 it was found that purchasing managers remained optimistic about expected business conditions in six months, the renewed disruptions in global supply chain activities amid an escalation of the Ukrainian conflict will not only affect costs for the domestic economy, but could also negative consequences affect sentiment,” NAAMSA continued.

“Given the positive performance of auto exports during the month, the outlook for 2022 remains optimistic in line with favorable economic and market conditions abroad and thanks to positive domestic developments such as further introduction of new locally produced models in 2022.”

Of the best-performing manufacturers, the top four from January remained unchanged with Toyota in first (13 458), Volkswagen in second (6 153), Suzuki in third (3 240) and Hyundai in fourth (3 017). Fifth place is Nissan (2 126), followed by Haval (2 054), Renault (2 047), Ford (1 877), Kia (1 737) and Isuzu (1 677).

FEBRUARY TOP 50 BEST SELLERS

POS FASHION MODEL UNITS
1 Toyota Hilux 3 503
2 Toyota Corolla Cross 1 693
3 Volkswagen Polo Vivo 1 634
4 Toyota Starlet 1 607
5 Toyota HiAce 1 458
6 Isuzu D-Max 1 401
7 Suzuki Swift 1 313
8 Volkswagen Polo 1 186
9 Toyota Fortuner 1 101
10 Renault Kwid 1 041
11 Nissan NP200 1 020
12 Volkswagen T-Cross 990
13 Toyota Urban Cruiser 927
14 Ford Ranger 879
15 Toyota Agya 858
16 Volkswagen Polo Sedan 818
17 Hyundai Atos 778
18 Mahindra Scorpio Pik-Up 766
19 Ford EcoSport 703
20 Suzuki Vitara Brezza 664
21 Hyundai Location 644
22 GWM P Series 623
23 Toyota Corolla Quest 575
24 Haval Jolion 561
25 GWM Steed 526
26 Hyundai Grand i10 508
27 Renault Triber 488
28 Nissan Navara 476
29 Toyota Rumion 459
30 Kia Picanto 429
31 Suzuki Jimny 394
32 Haval H6 329
33 Suzuki S-Presso 311
34 Renault Duster 301
35 Kia Sonet 300
36 Kia Rio 290
37 Nissan Almera 286
38 Volkswagen T-Roc 265
39 Toyota Land Cruiser 70 Series 250
40 Hyundai H100 242
41 Kia Seltos 222
42 Kia K2500/2700 215
43 Volkswagen T6.1 213
44 Nissan Magniet 211
45 Ford Everest 201
46 Hyundai i20 193
47 Hyundai Crete 190
48 Hyundai Staria 183
49 Kia Pegas 170
50 Suzuki Ertiga 160

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