{"id":339213,"date":"2019-09-07T18:30:57","date_gmt":"2019-09-07T16:30:57","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=339213"},"modified":"2019-09-06T16:28:51","modified_gmt":"2019-09-06T14:28:51","slug":"these-are-south-africas-best-selling-cars-of-2019-so-far","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/motoring\/339213\/these-are-south-africas-best-selling-cars-of-2019-so-far\/","title":{"rendered":"These are South Africa’s best-selling cars of 2019 so far"},"content":{"rendered":"

South African new-vehicle sales were bleak in August with a 5.1% year-on-year decline, to 45,537 units.<\/p>\n

While the market remains depressed, consumers have a little more to be optimistic about, said Ghana Msibi, WesBank executive head of motor.<\/p>\n

“Inflation was at a seven-month low in July giving some analysts hope of a further interest cut before the end of the year.<\/p>\n

“Yet lower oil prices that should be benefitting motorists at the fuel pumps are being stifled by the weakness of the Rand, with fuel price hikes expected during September.”<\/p>\n

Msibi indicated that consumer demand as measured by finance applications remains robust, pointing to interest in the new car market, albeit that overall market performance is down.<\/p>\n

“It is interesting to note the correlation between the South African inflation rate at 4% in July and WesBank\u2019s average deal size for new and used vehicles up 6% and 2% year-on-year respectively,” he said.<\/p>\n

“This may give some indication of the market\u2019s performance given the overall affordability challenges facing household budgets.”<\/p>\n

Best-selling cars<\/strong><\/p>\n

Wesbank’s data shows that the average value of a new car financed in August 2019 was R332,161 – a respectable increase from the average of R313,326 over the same period last year.<\/p>\n

Despite this increase, South African motorists still have clear favourites when it comes to the types of car they buy.<\/p>\n

Below Naamsa and data analytics company Lightstone provided a list of South Africa’s bestselling cars from January – August 2019:<\/p>\n

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VW Polo Vivo – 19,923 units sold\u00a0<\/strong><\/p>\n

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VW Polo (hatch & sedan) – 16,792 units sold\u00a0<\/strong><\/p>\n

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Toyota Fortuner – 8,070 units sold\u00a0<\/strong><\/p>\n

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Renault Kwid – 6,697 units sold\u00a0<\/strong><\/p>\n

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Hyundai Grand i10 – 6,195 units sold\u00a0<\/strong><\/p>\n

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Toyota Corolla Quest – 5,817 units sold\u00a0<\/strong><\/p>\n

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Ford Ecosport – 5,647 units sold\u00a0<\/strong><\/p>\n

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Toyota Etios – 5,595 units sold\u00a0<\/strong><\/p>\n

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Toyota RAV – 4,893 units sold\u00a0<\/strong><\/p>\n

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Hyundai i20 – 4,695 units sold\u00a0<\/strong><\/p>\n

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Read: Porsche unveils its first-ever electric car<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Naamsa and data analytics company Lightstone provides a list of South Africa’s best-selling cars from January – August 2019.<\/p>\n","protected":false},"author":10,"featured_media":225079,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11119],"tags":[26,7421,10421,6619],"class_list":["post-339213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-motoring","tag-headline","tag-lightstone","tag-naamsa","tag-wesbank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/339213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=339213"}],"version-history":[{"count":11,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/339213\/revisions"}],"predecessor-version":[{"id":339443,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/339213\/revisions\/339443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/225079"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=339213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=339213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=339213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}