July has concluded and with it a domestic sales market that is up from the month before. Volkswagen and its Polo nameplates have dominated in the passenger vehicle segment – here is who else made the Top 10.
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The new passenger car market in July 2024 registered 29 934 units, an increase of 1 894 cars, or 6.8%, compared to 28 040 new cars sold in July 2023. Car rental sales made up 17.1% of new passenger vehicle sales for the month. Despite the overall positive response from the new vehicle market in July 2024, aggregate new vehicle sales for the year to date remain 6.3% below the corresponding period in 2023. OEMs and importers continue to introduce new products, facing challenges and economic uncertainties. Encouraging factors for growth and increased consumer spending for the rest of the year include four consecutive months without load shedding, a stronger Rand exchange rate, and the potential for up to two interest rate cuts before year-end. The ABSA Purchasing Managers’ Index, which tracks expected business conditions in six months, increased to 69.4 points in July 2024 from 68.1 in June 2024, reflecting the most optimism since early 2022.
Related: Top 10 Best-Selling Automotive Brands Locally – June 2024
Not too much is amiss with the best-selling passenger vehicles list for June. The usual contenders occupy their respective positions with the Volkswagen Polo Vivo convincingly leading the top 10 chart with over 2 500 units. The Polo and Corolla Cross exchanged blows and swapped positions while the Tiggo 4 Pro moved further down the list, despite achieving over 1 100 sales. Toyota’s Fortuner has dropped off of the list and the Suzuki-based Vitz has taken its place.
Top 10 Best-Selling Passenger Vehicles for June 2024
- Volkswagen Polo Vivo – 2 591 units
- Volkswagen Polo – 1 552 units
- Toyota Corolla Cross – 1 547 units
- Hyundai Grand i10 – 1 269 units
- Toyota Starlet – 1 222 units
- Chery Tiggo 4 Pro – 1 153 units
- Nissan Magnite – 1 052 unit
- Suzuki Swift – 1 045 units
- Haval Jolion – 868 units
- Toyota Vitz – 964 units
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