South Africa’s Automotive Market – Q1 2025

As one of the largest automotive markets in Africa, South Africa’s new vehicle sales exceeded 500000 in 2023, with Toyota, Volkswagen, Suzuki and others holding a dominant position.

This industry holds a significant economic position, making a substantial contribution to GDP and manufacturing output, while supporting thousands of jobs across manufacturing, retail, and aftermarket services.

Despite challenges such as unemployment rates and economic headwinds, the market demonstrated resilience in the sales rebound in the first quarter of 2025, driven by improved consumer confidence and declining interest rates.