Operating all through the month, right here is who managed to safe essentially the most automobile exports all through December 2023, with Mercedes-Benz on prime.
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Prime 5 Automobile Exporters in December 2023:
- Mercedes-Benz – 11 427 items
- Ford – 6 432 items
- Toyota – 5 833 items
- BMW – 2 399 items
- Isuzu – 259 items
December 2023 marked the fifth consecutive month of year-on-year decline within the new automobile market, reflecting a decline of 1 392 autos in complete new automobile gross sales in December 2023 in comparison with the entire new autos offered in December 2022. Nonetheless, concerning automobile exports, gross sales studies replicate a rise of 1.2% or 317 autos in December 2023 in comparison with the identical interval in 2022. Most notably, the variety of autos exported reached a document excessive on the finish of the yr, which beforehand stood at 387 092 items exported in 2019. Automobile exports in 2023 rose to 396 290 items in comparison with the 351 785 items recorded in 2022. Naamsa states that exports rose to a document excessive regardless of exterior hindering components equivalent to geo-political rigidity, provide chain disruptions, strain attributable to inflation and excessive rates of interest within the bigger export market.
Associated: Top 10 Best-Selling Passenger Brands for September 2023
Contrasting the document excessive automobile exports is the strained new automobile gross sales market, which hasn’t exceeded the entire variety of autos offered in 2022.
“We’ve not been capable of out-perform the 2019 pre-pandemic ranges but however we stay hopeful that 2024 will ship a distinct final result for brand new automobile gross sales in South Africa” – Mikel Mabasa, naamsa CEO.