2019 NEW CAR SALES DOWN
The Federal Chamber of Automotive Industries (FCAI) has released new vehicle sales results for calendar year 2019. A total of 1,062,867 new vehicles were recorded as sold, a 7.8 per cent decrease on full year 2018. The 2019 figure of 1,062,867 is the lowest annual sales result reported in VFACTS since 2011. On a monthly basis, 84,239 new vehicle sales were recorded for December 2019, a decrease of 3.8 per cent from December 2018. Tony Weber, chief executive of the FCAI, commented at the release of the sales results. “Regarding… Read more