Everyone is holding thumbs that lower interest rates and optimism surrounding 2010 will help boost the local motor industry during 2010;
SOUTH AFRICA: NEW CAR SALES UP 20% IN JANUARY… physique NAAMSA uncover which a automobile marketplace grew by 15.5% year-on-year [...]

Sales data released by the National Association of Automotive Manufacturers of South Africa(NAAMSA) confirms that South Africa is in a economic slowdown. Vehicle sales have long been a leading indicator and Economists watch these numbers for any sign that the bottom has been reached. Vehicle sales have been negative since the introduction of the National [...]