Cape Town - October 2016 saw another decline in new vehicle sales, with both passenger cars and light commercial vehicles (LCV) taking a dip.
The National Association of Automobile Manufacturers of South Africa (Naamsa) says that the South African new vehicle market continues to show poor local sales.
Bad month all round
October 2016 aggregate new vehicle sales, at 48 745 units, registered a decline of 5494 vehicles or a fall of 10.1% compared to the 54 239 vehicles sold in October 2015.
Naamsa said: "Domestically, the short to medium term outlook remained extremely challenging.
"Double digit new vehicle price inflation, pressure on household disposable incomes, low levels of business confidence and relatively high interest rates would continue to impact negatively on new vehicle sales."
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The negative trend the market finds itself in also spilled over to sportscars and manufacturers are doing all they can to regain lost ground. Porsche came out tops with its 718 Cayman/Boxster finding 17 new owners last month, while the Jaguar F-Type sold 11 units.
Considering that these cars costs in the region of R1-million, it is nothing short of commendable.
BMW sold eight i8s and the Nissan four GT-Rs. Audi's R8 found only one new owner.
Here are the 11 best-selling sportscars for October 2016:
1 Porsche 718 Cayman/Boxster
Price: R771 000 - R1.2-million
Units: 17
2 Jaguar F-Type
Price: R1-million - R2.3-million
Units: 11
3 BMW i8
Price: R1.9-million
Units: 8
4 Nissan GT-R
Price: R1.9-million - R2.0million
Units: 4
5 Ferrari 488 Spider
Price: POA
Units: 3
6 Ferrari 488 GTB
Price: POA
Units: 2
7 Porsche 911
Price: R1.3-million - R1.7mn
Units: 2
8 Ferrari California T
Price: POA
Units: 2
9 Alfa Romeo 4C
Price: R1.3-million
Units: 2
10 Ferrari F12
Price: POA
Units: 1
11 Audi R8
Price: R2.7-million - R3.0million
Units: 1