Category Industry News

naamsa RELEASES APRIL 2026 NEW VEHICLE SALES STATS

PRETORIA: South Africa’s new vehicle market extended its positive domestic performance into April 2026, with domestic demand continuing to anchor overall industry activity despite a progressively uncertain global backdrop. The latest outcome reflects a market still benefiting from earlier cyclical…

NADA responds to SARB decision to hold repo rate steady

SOUTH AFRICA, Johannesburg: The National Automobile Dealers’ Association (NADA) notes the South African Reserve Bank’s (SARB) decision to keep the repo rate unchanged, reflecting a cautious stance in an environment of ongoing economic and geopolitical uncertainty. While the decision offers a…