South African new car sales up

JOHANNESBURG – South African car manufacturers sold a record number of vehicles in 2005, with overall sales leaping by 25,7 per cent versus the previous year, when they grew by 22 per cent, an industry body said yesterday.

Vehicle production is the second-biggest sector in South Africa’s manufacturing sector, which accounts for more than 16 per cent of its economy, the biggest on the continent. Vehicles also comprise nearly seven per cent of the country’s exports.Growth in the sector was set to continue in 2006 although at a slower pace, the National Association of Automobile Manufacturers of South Africa said.- Nampa-ReutersVehicles also comprise nearly seven per cent of the country’s exports.Growth in the sector was set to continue in 2006 although at a slower pace, the National Association of Automobile Manufacturers of South Africa said.- Nampa-Reuters

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