New vehicle sales in July increased marginally compared to July 2020; women buyers are opting for larger vehicles; LIVE scans are up to pre-Covid-19 levels and Signio volumes are rising. This all comes against the backdrop of Covid-19’s third wave, civil unrest in KwaZulu-Natal and Gauteng and its supply chain consequences – and you can see the impact on mileage recorded in the data from Tracker. We cover all these issues in this information-packed edition of Lightstone’s Auto Insights.
Of course, local conditions alone don’t impact the industry – global supply chains are constrained, and semi-conductor shortages are hampering vehicle production around the world.
All in all, these are tough times for business generally and we would like to hear how you feel about the future in our latest Automotive Confidence Indicator – also included in the newsletter.