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LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 - Travel - Nairaland

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LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 by TMKsouth: 1:02pm On May 06, 2020
Due to the ongoing global coronavirus lockdown new car sales in South Africa plunged to a record low in April.

Only 574 units were bought, according to the National Association of Automobile Manufacturers of SA (Naamsa). That compares with average monthly trade of more than 41,000 units over that last 20 years.

The country implemented one of the most severe lockdowns in the world from March 27, allowing most citizens to only go out to buy food, seek medical care and collect welfare grants.

For five weeks only essential goods were allowed to be sold and that meant car dealerships had to close their doors and could only start trading again from May 1, subject to specific directions.

The Naamsa data show only 105 passenger cars were sold in April, a drop of 99.6%. Some of those may, however, be transactions that started in March and were only finalized and recorded last month.

While the drop in sales was to be expected because dealerships were closed “it is a disaster. The country might not even be able to sell more than 60% of the 537,000 vehicles it sold last year", said Mike Schussler, chief economist at Economists.co.za.”

The automotive industry is the largest component of the SA's manufacturing sector and employs more than 100,000 skilled workers.

https://businesstech.co.za/news/motoring/395102/south-africa-sold-just-574-vehicles-last-month/amp/

Re: LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 by DaddyGngeess(m): 1:04pm On May 06, 2020
No cars sold in Nigeria
Re: LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 by TMKsouth: 1:23pm On May 06, 2020
DaddyGngeess:
No cars sold in Nigeria

Lol grin I'm certain someone somewhere made a deal.
Re: LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 by WannaHowzit(m): 5:28pm On May 06, 2020
Use public transport.
Re: LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 by salford1: 6:40am On May 07, 2020
Oh boy. New cars. South Africa and naija no be mates.
Re: LOCKDOWN: South Africans Buy Just 574 Cars Compared To Average Of 41,000 by Tinyemeka(m): 6:56am On May 07, 2020
DaddyGngeess:
No cars sold in Nigeria

Iffa hear.

I sold my RX350 mid-Apr. Lockdown kor...

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