{"id":29449,"date":"2022-09-14T14:54:53","date_gmt":"2022-09-14T14:54:53","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return"},"modified":"2022-09-14T15:08:22","modified_gmt":"2022-09-14T15:08:22","slug":"vehicle-sales-double-as-tourists-return","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return","title":{"rendered":"Vehicle sales double as tourists return"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>AS tourist arrivals improve, new vehicle sales rebounded by double digits in August 2022 from the number of units sold in the prior month, rising by 55,2% month on month, as tour companies replenish fleets.<\/p>\n

AS tourist arrivals improve, new vehicle sales rebounded by double digits in August 2022 from the number of units sold in the prior month, rising by 55,2% month on month, as tour companies replenish fleets.<\/p>\n

According to the National Association of Automobile Manufacturers of South Africa (Naamsa), a total of 1 051 units were sold during August 2022 \u2013 up from the 677 units sold in July 2022 and 762 in August 2021.<\/p>\n

Based on an analysis by Simonis Storm Securities, this is the second-highest number of vehicles sold in a single month since May 2019.<\/p>\n

\u201cOn an annual basis, vehicle sales increased by 37,9% year on year in August 2022, surging past its six-month moving average,\u201d say the analysts, who added that heavy commercial and passenger vehicles recorded the largest annual increases in sales during August 2022.<\/p>\n

As usual, passenger and light commercial vehicles had the largest share of units sold in August 2022, with a 49,4% and 44,2% share of all units sold, respectively.<\/p>\n

According to the analysts, on a monthly basis, extra-heavy and heavy commercial vehicles recorded the largest declines in sales.<\/p>\n

Rental companies typically buy new units for their fleets during Namibia’s peak tourist season (May to August).<\/p>\n

\u201cVehicles purchases by rental companies have been delayed due to global stock shortages, and this postponed upscaling the fleet of certain rental companies responding to heightened demand from tourists.<\/p>\n

\u201cTherefore, the usual pattern of seeing a higher number of vehicle sales have been slightly disrupted in the recent peak tourist season,\u201d Simonis says.<\/p>\n

Email: [email protected]<\/p>\n

According to the National Association of Automobile Manufacturers of South Africa (Naamsa), a total of 1 051 units were sold during August 2022 \u2013 up from the 677 units sold in July 2022 and 762 in August 2021.<\/p>\n

Based on an analysis by Simonis Storm Securities, this is the second-highest number of vehicles sold in a single month since May 2019.<\/p>\n

\u201cOn an annual basis, vehicle sales increased by 37,9% year on year in August 2022, surging past its six-month moving average,\u201d say the analysts, who added that heavy commercial and passenger vehicles recorded the largest annual increases in sales during August 2022.<\/p>\n

As usual, passenger and light commercial vehicles had the largest share of units sold in August 2022, with a 49,4% and 44,2% share of all units sold, respectively.<\/p>\n

According to the analysts, on a monthly basis, extra-heavy and heavy commercial vehicles recorded the largest declines in sales.<\/p>\n

Rental companies typically buy new units for their fleets during Namibia’s peak tourist season (May to August).<\/p>\n

\u201cVehicles purchases by rental companies have been delayed due to global stock shortages, and this postponed upscaling the fleet of certain rental companies responding to heightened demand from tourists.<\/p>\n

\u201cTherefore, the usual pattern of seeing a higher number of vehicle sales have been slightly disrupted in the recent peak tourist season,\u201d Simonis says.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. AS tourist arrivals improve, new vehicle sales rebounded by double digits in August 2022 from the number of units sold in the prior month, rising by 55,2% month on month, as tour companies replenish fleets. AS tourist arrivals improve, new vehicle sales rebounded by double digits in August 2022 from the number […]<\/p>\n","protected":false},"author":84,"featured_media":29448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-29449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nVehicle sales double as tourists return - Namibia<\/title>\n<meta name=\"description\" content=\"AS tourist arrivals improve, new vehicle sales rebounded by double digits in August 2022 from the number of units sold i ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vehicle sales double as tourists return\" \/>\n<meta property=\"og:description\" content=\"AS tourist arrivals improve, new vehicle sales rebounded by double digits in August 2022 from the number of units sold i ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T14:54:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-14T15:08:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/09\/postQueueImg_8-6321ee443db11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Vehicle sales double as tourists return\",\"datePublished\":\"2022-09-14T14:54:53+00:00\",\"dateModified\":\"2022-09-14T15:08:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return\"},\"wordCount\":499,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/09\/postQueueImg_8-6321ee443db11.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/vehicle-sales-double-as-tourists-return\",\"name\":\"Vehicle sales double as tourists return - 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