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South Africa’s auto retail industry has recovered 70% of pre-epidemic sales.

South Africa's auto retail industry has recovered 70% of pre-epidemic sales.

In November, a total of 39,315 new cars were sold nationwide in South Africa, which sends a positive signal for the recovery of the auto retail industry. South Africa has seen a 30.6% decline in auto sales so far this year due to the pandemic and the impact of the nationwide lockdown.

Sales performance in November, although down 12% from the same period last year, tripled compared with October.

According to the data of the South African Automobile Manufacturers Association, although the growth is relatively small, South African auto retail sales have been on the rise for five consecutive months. The further release of consumer demand will boost the confidence of the whole industry.

At present, 70% of pre-epidemic sales have been restored and will continue to contribute to the South African economy responsible.

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