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naamsa releases March 2026 vehicle sales statistics

naamsa releases March 2026 vehicle sales statistics

South African new vehicle market extended its domestic growth trajectory in March 2026, buoyed by domestic macro-economic support, even as the broader macroeconomic environment begins to shift towards a more constrained outlook.
Aggregate domestic new vehicle sales in March 2026, at 58,060 units, the best March figures since 2007, reflected an increase of 8,560 units, or 17,3%, compared to the 49,500 vehicles sold in March 2025. Export sales decreased to 37,388 units, representing a loss of 5,3% compared to the 39,499 vehicles exported in March 2025.

naamsa underscores that the March 2026 performance reflects continued resilience in domestic demand, underpinned by improved consumer and business conLdence, supportive inflation dynamics earlier in the quarter, and the lagged beneLts of cumulative interest rate reductions.

However, the external environment has shifted materially over recent weeks, introducing new risks that will likely shape demand conditions in the months ahead.

Overall,…


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