Tag: Total Industry Volume

Another very good month for new vehicle sales

Another very good month for new vehicle sales

With the government giving a 3-month period following the abolition (or more accurately zero-rating) of the 6% Goods & Services Tax (GST) starting from June, the industry has been enjoying a boom time. The sudden upturn in sales has certainly been a welcome change from the challenges of meeting monthly […]

April sales dropped 6% after the boost in March

April sales dropped 6% after the boost in March

Not surprisingly, new vehicle sales in April were lower than for March as many people began to feel that perhaps they should wait till the General Elections are over before making their purchase. It was going to be a major event (which had an unexpected outcome) so human nature made […]