NEW vehicle sales dropped in April, Simonis Storm Securities (SSS) said on Friday.
"Figures for April indicate the first dip in vehicle sales' upward momentum, but numbers remain well above the 12 month trailing average. The 10,9% drop in sales month on month was a result of a drop in sales of passenger and light commercial vehicles. Annualised growth figures remain positive at 34,6%," SSS said in a report.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article