Automotive Business CouncilIn the news
South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved. The rand remained relatively stable despite higher oil prices and global inflation concerns.
PMI

Sunday review: Rand holds firm as SA data paints mixed picture of economy

South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved.

  • Ashley Lechman
  • Yogashen Pillay
5 min read
South Africa’s new-vehicle sales rose 11.4% year on year in August 2026, while strong growth in new-energy vehicle sales pointed to growing consumer interest in lower running costs.
NEW VEHICLE SALES

August vehicle sales surge as South Africans focus on fuel efficiency

South Africa’s new-vehicle sales rose 11.4% year on year in August 2026, while strong growth in new-energy vehicle sales pointed to growing consumer interest in lower running…

  • Ashley Lechman
4 min read