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South Africa’s new vehicle sales hit highest May level since 2013 despite rate and fuel pressures

South Africa’s new vehicle market continued its recovery in May 2026, with sales rising 12.8% year-on-year to 51,071 units, the strongest May performance in 13 years.

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iol.co.zaStai leggendo14 h fa

South Africa’s new vehicle sales hit highest May level since 2013 despite rate and fuel pressures

South Africa's auto market hit May-2013 highs with 51,071 units sold (+12.8% YoY), signaling strong fleet renewal and commercial demand. Rising interest rates (prime 10.50%) and fuel costs are eroding consumer affordability, constraining sustained growth through H2 2026.

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businessday.co.za1 g fa

Vehicle sales hit 13-year high for May despite high fuel prices

Car sales have double-digit growth, though affordability pressures are building

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Timeline cronologica

lunedì 1 giugno 2026·iol.co.za
SA new vehicle sales continue to surge: These were the top 15 carmakers in April
South Africa’s new vehicle market continued to outperform expectations in May, with sales up 12.8% year-on-year despite rising fuel prices, inflation pressures, and higher…
lunedì 1 giugno 2026·businessday.co.za
Vehicle sales hit 13-year high for May despite high fuel prices
Car sales have double-digit growth, though affordability pressures are building

South Africa’s new vehicle sales hit highest May level since 2013 despite rate and fuel pressures

Vehicle sales hit 13-year high for May despite high fuel prices

Timeline cronologica

SA new vehicle sales continue to surge: These were the top 15 carmakers in April

Vehicle sales hit 13-year high for May despite high fuel prices

These were SA’s best selling cars and bakkies in May

South Africa’s new vehicle sales hit highest May level since 2013 despite rate and fuel pressures