Total Vehicle Sales in South Africa dropped 5.7 percent year over year to 40506 units in May. This is a fourth decline in 5 months. Total Vehicle Sales in South Africa averaged 40282.96 from 1994 until 2019, reaching an all time high of 65689 in August of 2006 and a record low of 18482 in September of 1994.
Total Vehicle Sales in South Africa is expected to be 46000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in South Africa to stand at 43000.00 in 12 months time. In the long-term, the South Africa Total Vehicle Sales is projected to trend around 47500.00 in 2020, according to our econometric models.