Top 5 Vehicle Exporters — December 2024

December 2024 proved to be another tricky month for local manufacturers, continuing with contractions in exports. Despite this, there was still a total 0f 10 667 units exported – here are the top 5 for the month.

Looking for your new or used vehicle? Find it here with CARmag!

For the first time since Covid-19 and its global influence in 2020, vehicle exports have been in a state of decline. The annual figure lies at 308 830 units, down by a substantial 22.8% compared to the record performance of 2023 when the industry exported 399 594 units. Naama adds that various factors impacted the plummeting in vehicle exports, including a slowdown in demand in the EU, the domestic automotive industry’s key export region, due to low economic growth, stricter emission rules, and competition from cheaper electric vehicle imports from China in the region, as well as the timing effect of new model introductions in the domestic market by a major exporting OEMs.

Related: Top 10 Best-Selling Passenger Cars — November 2024

In terms of the importance of South Africa’s production prowess on the global scale, a significant two out of every three vehicles manufactured in South Africa are exported, enabling the domestic OEMs to reach a much broader consumer base beyond the South African market. Exports remain key to generating sufficient economies of scale and achieving improved international competitiveness. As an export-oriented industry, the domestic automotive sector has embraced the trade opportunities via the specific trade arrangements that South Africa has concluded over the past three decades, opening certain markets in Europe, the US, and Africa, among others.

Top 5 Vehicle Exporters in December 2024

  1. Toyota — 10 338 (up from 4 088)
  2. Mercedes-Benz — 8 000 (down from 8 400)
  3. Ford — 4 145 (down from 10 574)
  4. BMW — 1 570 (down from 4 700)
  5. Volkswagen — 572 (down from 1 780)

So, what changes were there in the list? Well, for starters, Toyota seems to have returned to form more than doubling their monthly sales from November all the way above 10 000 units.  Mercedes-Benz, who recorded the most exports in October 2024 trail behind with a rounded 8 000 units of the C-Class being shipped off to global markets while Ford has only managed just over 4 000 units from leading the charge in November.

Related: Top 5 Exporters – October 2024

BMW and Volkswagen rounded up the Top 5 with significantly less output during December 2024.

Browse thousands of new and used vehicles here with CARmag!

The post Top 5 Vehicle Exporters — December 2024 appeared first on CAR Magazine.


The Car Guide

Comments

Post a Comment

Popular posts from this blog

Topical tips on buying used – Chapter 1

Image
Buying a used car can be harrowing, whether privately or from a dealer. Here are some tips, as well as some things to watch out for. Beware of low mileages, especially on smaller or cheaper cars. It is always possible that the odometer has been turned back. Some things to bear in mind are:- diesels are often bought because they the driver needs to undertake long trips without consuming vast amounts of fuel. This could be a sales rep, or someone travelling large distances to work, lots of lengthy trip for family holidays, etc. So, usually higher mileages than normal. An expensive or luxury car may not see much time on the road, but very seldom a “workhorse”. This makes the executive cars likely to have a lot more life left than the overworked and abused hatchback. These also spend most of their life in a home garage or undercover parking lot at work. Related: Someone paid more for a mint BMW 325iS Evo 2 than a used M4 A vehicle without any service history is a serious disadvantage...
Read more

Top 10 Best-Selling Automotive Brands Locally – April 2024

Image
Following eight consecutive months of sales decline, the milestone of celebrating a century of vehicle production locally saw a welcomed increase in the motor industry for April 2024. Have a look at the data below, which sees Toyota drop in sales but retain the top spot, with Suzuki moving into second and Nissan dropping to the bottom of the list without the NP200 rolling off of the production line. Image: Toyota Looking for your next new or used Porsche? Find it here with CARmag! South Africa is marking 2024 as a significant year for its automotive industry, celebrating 100 years of car manufacturing. Mikel Mabasa, CEO of naamsa , the country’s automotive business council, commented, “As the sun rises on a century of automotive innovation, South Africa proudly commemorates a century of automobile manufacturing excellence. This milestone reflects a journey of resilience, ingenuity, and passion that has shaped the nation’s automotive legacy.” Details on how the industry will commem...
Read more

Porsche’s Panamera Goes Bulletproof in SA

Image
A first for the South African market, Armoured Mobility has handed the Porsche Panamera a bulletproof package. Here’s what you can expect…  Image: Armoured Mobility Looking for your next new or used Porsche? Find it here with CARmag! Equipped with a B6 armouring package, Armoured Mobility has launched South Africa’s first-ever bulletproof Porsche Panamera. The Panamera model in question comes in the shape of the Turbo, which, seen here, has been “expertly” modified to withstand an array of ballistic threats. The Armoured Mobility-converted Panamera is bulletproof to rounds of rifles such as AK47s, and R1 and R5 rifles. According to the firm, the armouring kit it has handed to the German marque’s saloon sets a new standard for armoured vehicles on local shores, combining the safety provided by this package with luxury and without compromising the donor car’s style and performance. In fact, the company says the B6 protection-equipped Panamera represents the epitome of automoti...
Read more