TOYOTA MAINTAINS STEADY MARKET SHARE

Scan_Pay_Advertise_iloveza.com_2022

Toyota South Africa Motors (TSAM) sold a total of 10 904 units, which translates into a market share of 23%, in the month of November 2018.

Toyota Hilux
Image Supplied by Toyota South Africa

Passenger units accounted for 5 509 sales while Light Commercial Vehicles (LCV) recorded 5 157. Heavy and medium commercial vehicles accounted for 238 sales.

The local market registered a total of 47 486 units, some 2 265 or 4.6% lower compared to November 2017. According to the National Association of Automobile Manufacturers of South Africa (Naamsa):

“Out of the total reported Industry sales of 47 486 vehicles, an estimated 37 224 units or 78.4% represented dealer sales, an estimated 16.3 % represented sales to the vehicle rental industry, 3.5% to government and 1.8% to industry corporate fleets.”

While sales of LCVs declined by 891 units or 6.1% compared to the corresponding month last year, sales in the medium and heavy truck segments of the industry reflected improvement at 804 units and 1 933 units respectively. Hino ended the month on 238 sales in November with the 300-Series recording a 17% share of the MCV segment.

The Hilux was one of the main contributors towards Toyota’s successful month of retail, recording a total of 3 235 sales. The Quantum also posted a respectable total of 1 694.  On the passenger front, the Auris/Corolla/Quest (1 426), Yaris (749) and C-HR (200) all recorded buoyant sales.

Senior Vice President of Sales and Marketing at TSAM, Calvyn Hamman, says:

"The incredible loyalty shown by our customers over more than half a century has enabled us to achieve an outstanding share of the local market. We are thankful to our fleet owners and rental companies for their continued support in these trying economic times. We are also grateful to our Dealer Network, as well as all Toyota staff, for their sterling efforts in making Toyota such a competitive brand.”

iloveza.com is an award-winning Digital Media, Marketing, and Advertising Company est. 2015, is a Member of the Independent Media Association of South Africa (IMASA), and Brand South Africa's Play Your Part Ambassadors, with a global reach of over 10 million

E-mail howzit@iloveza.com to take your brand/business to the next level

Like What You've Read ? Be an Anonymous Angel 
CLICK HERE for the latest Tech News
CLICK HERE for the latest News & Trends
Follow @letstorqueza
 
Keep up to date with all that is happening in South Africa
Subscribe to our Newsletter

Follow @ilovezacom on
 #iloveza❤️🇿🇦 #AfterFajrGrind

iloveza.com Accolades:

2021 Winner of Brand South Africa's Nation Pride Play Your Part Award

2018 Winner of Tech Savvy Boss Award at the Roshgold Young Business Achiever Award
 

Nabihah Plaatjes Accolades:

2023 CEO of the Independent Media Association of South Africa (IMASA)

2018 Contributing Author to SAFFRON: A Collection of Personal Narratives

2017 Recipient of Owami Women & Brand South Africa's Play Your Part Award


Ziyaad Plaatjes Accolades:

2021 Mail & Guardian Top 200 Young South Africans: Arts, Entertainment, Film & Media 

2020 Contributing Author to There's a Story in Everyone


Trending Posts