Forecasts vary amid flagging new-vehicle market

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While sales outstripped those in 2021 nearly 20% at the start of the year, by end-October it was at 13.11% ahead of last year as hardships stacked up

Are you a glass-half-full or a glass-half-empty kind of person? Depending on your answer, you will be either delighted or dismayed at the state of the new-vehicle market.

Early this year, Toyota SA president Andrew Kirby predicted that sales would rise 16.3% in 2022, returning the market to pre-Covid-19 levels a year earlier than anticipated. In 2019, 536,612 cars and commercial vehicles were sold; Kirby’s 2022 prediction was 540,000, up from 464,493 last year. ..

Source: News Formal (newsformal.com)

 

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Using the same platform to build their cars and changing a few gadgets to add thousands to the value of the cars in South Africa is the biggest ripoff that has plagued this country fo years. They are basically stealing the public blind and getting away with it.

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