Buying-down trend, working-from-home impacting new-vehicle sales

Total new-vehicle sales in South Africa declined by 12% in November, to 39 315 units, compared with 44 670 vehicles sold in the same month last year. The new-passenger-car market fell by 18.1%, to 25 707 units, with the car rental industry accounting for 11.6% of car sales in November.

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