NAAMSA SALES JULY, 2012 NEW VEHICLE SALES







Published by Gerald Ferreira Date: August 2, 2012
Categories: General News

In amplification of the new vehicle sales statistics for the month of July, 2012 – released today by the National Association of Automobile Manufacturers of South Africa (NAAMSA) – the Association commented that the July new vehicle sales reflected another encouraging performance with sales in all the major segments registering solid gains compared to the corresponding month last year.

July, 2012 aggregate Industry domestic sales had improved by 8 381 units or 18.3% to 54 067 vehicles from 45 686 units in July last year.  Total domestic sales for the seven months of calendar 2012 remained 11.6% ahead of the corresponding seven months in 2011.  July, 2012 export sales at 27 625 vehicles had also registered gains rising by 2 862 units or 11.6%.

Mercedes-Benz South Africa (MBSA) provides a single total sales number for passenger cars, commercial vehicles and export sales.  Based on historical sales trends and forecasting techniques, Messrs RGT SMART (NAAMSA’s data processing service provider) compiles estimates for MBSA commercial vehicle sales by segment.

Overall, out of the total detailed (disaggregated) reported Industry sales of 51 476 vehicles (excluding MBSA), 80.3% or 41 317 units represented dealer sales, 12.3% represented sales to the vehicle rental Industry, 3.8% to Industry corporate fleet sales and 3.6% to government.

Aggregate Industry new car sales during July, 2012 had remained strong and at 37 844 units (including MBSA) reflected an improvement of 5 817 units or 18.2% compared to the 32 027 new cars sold during July 2011.  Year to date new car sales were 12.7% ahead of the corresponding seven months of 2011.  The daily selling rate during July, 2012 had remained at five year high levels.  The July 2012 new car market had received support from strong demand by car rental companies with the car rental Industry accounting for 16.5% of total sales.  The contribution by car rental companies was expected to remain high over the next few months as the car rental Industry continued to re-fleet.

Including estimates for MBSA commercial vehicle sales by segment – sales of Industry new light commercial vehicles, bakkies and mini buses had reflected strong growth and at 13 781 units during July, 2012 reflected an increase of 2 370 units or 20.8% compared to the 11 411 light commercial vehicle sales during the corresponding month last year.

Sales of vehicles in the medium and heavy truck segments of the Industry at an estimated 823 and 1 619 units, respectively, had recorded an increase of 60 units or 7.9%, in the case of medium commercial vehicles, and a rise of 134 units or 9.0%, in the case of heavy trucks and buses, compared to the corresponding month last year.

Exports of South African produced motor vehicles, including MBSA export sales data, during July, 2012 at 27 625 vehicles had registered an improvement of 2 862 units or 11.6 % compared to the 24 763 vehicles exported in July last year.  The momentum of Industry export sales should improve further over the balance of the year as various vehicle export programmes were ramped up, particularly exports of light commercial vehicles were expected to increase substantially.

Despite prospects of further slowing in the domestic economy, the automotive sector continued to perform remarkably well.  A number of factors were expected to support domestic sales and these included historically low interest rates, further improvement in vehicle affordability in real terms, improving demand for credit by households and businesses.  The recent 0.5% reduction in interest rates should also underpin sales of consumer durable products, particularly new motor vehicles.  The highly competitive trading environment, attractive incentives and new model introductions would also support demand.  In terms of domestic sales, the Industry remained on track during 2012 for growth of around 10%.  In respect of future export sales, uncertainty prevailed regarding the potential impact of the economic recession inEuropeand softer growth in other International markets.

NAAMSA OFFICES: PRETORIA - 2ND AUGUST, 2012

Total Vehicles by Manufacturer for Jul 2012

RSA EXPORT
TOYOTA 10,747 9,460
VOLKSWAGEN GROUP SA 9,409 4,939
GMSA 6,402 49
FMC 4,214 3,542
NISSAN 4,150 1,641
BMW GROUP 2,262 3,527
RENAULT 907 0
CHRYSLER SA 801 53
HONDA 651 50
JAGUAR LAND ROVER 615 0
TATA 549 0
PCSA 426 0
FIAT GROUP 397 6
MITSUBISHI MOTORS SA 335 0
SUZUKI AUTO 323 0
MAHINDRA 321 0
UD TRUCKS 287 29
MAN 264 64
VOLVO CARS 213 1
PORSCHE 160 0
VOLVO TRUCKS 108 9
SCANIA 104 15
NAVISTAR INTERNATIONAL 86 0
IVECO 70 7
SUBARU 61 1
POWERSTAR 42 4
RENAULT TRUCKS 27 4
MASERATI 6 0
BABCOCK 4 0
VDL BUS & COACH SA 1 0
SUB TOTAL 43,942 23,401
AMH & AAD 7,534 4,224
MBSA 2,591
INDUSTRY TOTAL 54,067 27,625

Market Totals by Manufacturer for Jul 2012

Passenger Light CV < 3501kg Medium CV 3501-8500kg Heavy CV 8501-16500kg Extra Heavy CV > 16500kg Bus > 8500kg
RSA EXP RSA EXP RSA EXP RSA EXP RSA EXP RSA EXP
TOYOTA 6,188 1,149 4,268 8,311 195 0 74 0 22 0 0 0
VOLKSWAGEN GROUP SA 8,689 4,939 69 1 0 29 0 0 0 0 0 0
GMSA 2,998 0 3,134 49 136 0 118 0 15 0 1 0
FMC 2,643 0 1,571 3,542 0 0 0 0 0 0 0 0
NISSAN 1,715 9 2,435 1,632 0 0 0 0 0 0 0 0
BMW GROUP 2,262 3,527 0 0 0 0 0 0 0 0 0 0
RENAULT 876 0 31 0 0 0 0 0 0 0 0 0
CHRYSLER SA 801 53 0 0 0 0 0 0 0 0 0 0
HONDA 651 50 0 0 0 0 0 0 0 0 0 0
JAGUAR LAND ROVER 563 0 52 0 0 0 0 0 0 0 0 0
TATA 253 0 161 0 62 0 42 0 24 0 7 0
PCSA 381 0 28 0 17 0 0 0 0 0 0 0
FIAT GROUP 295 3 75 3 27 0 0 0 0 0 0 0
MITSUBISHI MOTORS SA 281 0 54 0 0 0 0 0 0 0 0 0
SUZUKI AUTO 323 0 0 0 0 0 0 0 0 0 0 0
MAHINDRA 104 0 217 0 0 0 0 0 0 0 0 0
UD TRUCKS 0 0 0 0 70 9 151 19 66 1 0 0
MAN 0 0 0 0 0 0 20 6 205 40 39 18
VOLVO CARS 213 1 0 0 0 0 0 0 0 0 0 0
PORSCHE 160 0 0 0 0 0 0 0 0 0 0 0
VOLVO TRUCKS 0 0 0 0 0 0 0 0 108 9 0 0
SCANIA 0 0 0 0 0 0 0 0 94 2 10 13
NAVISTAR INTERNATIONAL 0 0 0 0 0 0 0 0 86 0 0 0
IVECO 0 0 0 0 36 4 7 0 27 3 0 0
SUBARU 61 1 0 0 0 0 0 0 0 0 0 0
POWERSTAR 0 0 0 0 0 0 0 0 42 4 0 0
RENAULT TRUCKS 0 0 0 0 0 0 0 0 27 4 0 0
MASERATI 6 0 0 0 0 0 0 0 0 0 0 0
BABCOCK 0 0 0 0 0 0 0 0 4 0 0 0
VDL BUS & COACH SA 0 0 0 0 0 0 0 0 0 0 1 0
SUB TOTAL 29,463 9,732 12,717 13,537 572 13 412 25 720 63 58 31
AMH & AAD 6,455 0 1,024 0 55 0 0 0 0 0 0 0
MBSA 1,926 4,224 40 0 196 0 62 0 354 0 13 0
INDUSTRY TOTAL 37,844 13,956 13,781 13,537 823 13 474 25 1,074 63 71 31

RSA Total and Export Vehicles by Market

  Jul 2012 Variance % Jul 2011 Jun 2012 YTD Jul 2012 Variance % YTD Jul 2011
  RSA EXP RSA EXP RSA EXP RSA EXP RSA EXP RSA EXP RSA EXP
Passenger 29,463 9,732 20.50 -33.00 24,447 14,534 27,939 10,358 190,119 55,726 10.50 -37.60 172,003 89,314
AMH & AAD 6,455   18.40   5,450   5,907   45,209   31.80   34,298  
MBSA 1,926 4,224 -9.60 295.50 2,130 1,068 2,067 4,333 13,491 25,410 -6.90 27.90 14,497 19,872
Passenger Total 37,844 13,956 18.20 -10.50 32,027 15,602 35,913 14,691 248,819 81,136 12.70 -25.70 220,798 109,186
Light CV < 3501kg 12,717 13,537 19.50 49.30 10,643 9,064 12,541 12,215 85,116 71,264 10.70 49.30 76,887 47,718
AMH & AAD 1,024   39.50   734   840   5,002   -5.60   5,301  
MBSA 40 0 17.60 0.00 34 0 41 0 298 0 15.50 0.00 258 0
Light CV < 3501kg Total 13,781 13,537 20.80 49.30 11,411 9,064 13,422 12,215 90,416 71,264 9.70 49.30 82,446 47,718
Medium CV 3501-8500kg 572 13 7.90 -35.00 530 20 584 14 4,129 92 6.60 64.30 3,873 56
AMH & AAD 55   17.00   47   33   250   38.90   180  
MBSA 196 0 5.40 0.00 186 0 200 0 1,320 0 3.00 0.00 1,281 0
Med. CV 3501-8500kg Total 823 13 7.90 -35.00 763 20 817 14 5,699 92 6.80 64.30 5,334 56
Heavy CV 8501-16500kg 412 25 26.80 316.70 325 6 405 19 2,452 119 5.10 75.00 2,333 68
MBSA 62 0 -1.60 0.00 63 0 65 0 399 0 -3.20 0.00 412 0
HCV 8501-16500kg Total 474 25 22.20 316.70 388 6 470 19 2,851 119 3.90 75.00 2,745 68
Extra Heavy CV > 16500kg 720 63 5.00 10.50 686 57 757 103 4,742 365 7.40 52.10 4,414 240
MBSA 354 0 2.30 0.00 346 0 386 0 2,361 0 3.00 0.00 2,292 0
EHCV >16500kg Total 1,074 63 4.10 10.50 1,032 57 1,143 103 7,103 365 5.90 52.10 6,706 240
Bus > 8500kg 58 31 0.00 121.40 58 14 87 21 519 92 16.10 114.00 447 43
MBSA 13 0 85.70 0.00 7 0 24 0 134 0 -14.10 0.00 156 0
Bus >8500kg Total 71 31 9.20 121.40 65 14 111 21 653 92 8.30 114.00 603 43
INDUSTRY TOTAL 54,067 27,625 18.30 11.60 45,686 24,763 51,876 27,063 355,541 153,068 11.60 -2.70 318,632 157,311