South Africa November 2022: Toyota up to 28.1% share in euphoric market (+18.2%)
Toyota holds 28.1% of the South African market in November.
It’s a 5th consecutive month of double-digit gains for the South African new vehicle market in November at +18.2% year-on-year to 49,413 sales. Light Commercials including pickups gain 20.8% while passenger cars are up 16.9%, boosted by rentals which account for 20%. 81% of sales are from dealerships, 14.7% from rental fleets, 2.3% from government and 2% from corporate fleets. Year-to-date, the market is up 13.6% over the same period in 2021. Exports surge 64.7% to 34,310 units and are up 17.9% through November.
Over in the carmakers ranking, Toyota improves further on last month to hold a mammoth 28.1% market share. The Top 5 unchanged on last month, with the Volkswagen Group up to 13% share, distancing Suzuki at 8.7%, Nissan at 6.4% and Hyundai at 6.1%. Ford overtakes Haval to rank #6 ahead of Isuzu while Kia passes Renault to #9. Volkswagen is the top exporter this month at 9,790 units above Mercedes (8,691) and Toyota (5,590).
Model-wise, the Toyota Hilux reigns supreme, albeit with a lower share than last month at 6.2% vs. 7.7%. The Toyota Corolla Cross also drops to 4.3% vs. 4.6% but remains in second place. The Ford Ranger advances one spot on October to #3, followed by the Toyota Hiace (+4) and Suzuki Swift (+1). The VW Polo Vivo ranks 6th while the VW Polo rallies back up 7 ranks to #7. The Isuzu D-Max and Toyota Urban Cruiser are on a downward trend whereas the Toyota Starlet is up three spots on last month to #10. Other great month-on-month gainers include the VW T-Cross at #12 (+9), the Toyota Corolla Quest at #18 (+9), the Toyota Agya at #23 (+9) and the Suzuki Dzire at #24 (+21).
Previous month: South Africa October 2022: Toyota monopolises podium, Haval H6 #10 in market up 11.4%
Full November 2022 Top 10 brands and Top 50 models below.