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Motor trade sales rise 5.5%
The highest annual growth rates were recorded for fuel sales (9.7%)‚ convenience store sales (7.0%)‚ new vehicle sales (6.6%) and used vehicle sales (5.6%).
Seasonally adjusted motor trade sales fell by 6.0% in December compared with November following month-on-month drop of -3.7% in November.
Seasonally adjusted motor trade sales increased by 4.5% in the fourth quarter of last year although they were up by 11.1% in the fourth quarter of 2012 when compared with 2011.
The major contributors to the increases were fuel sales (13.9% and contributing 4.1 percentage points); new vehicle sales (12.3% and contributing 3.3 percentage points); and used vehicle sales (12.4% and contributing 2.0 percentage points).
Source: I-Net Bridge
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For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
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