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Naamsa reports that new vehicle sales in South Africa for the month of April 2021 were down by 17%, but that a recovery is in sight.

The new passenger car market reported an 18% decline with just over 23 000 cars sold, compared to about 29 000 cars sold in January last year.

The number of new cars sold in 2020 was 29.1% lower than the previous year – levels last seen two decades ago.

The data from Naamsa showed that new vehicle sales continued to increase for the fifth consecutive month.