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South Africa February 2024: Suzuki (+21.2%) catches up on VW Group in stable market

Suzuki lodges the largest gain in the Top 14 this month.

The South African new vehicle market edges down -0.9% year-on-year in February to 44,749 sales. The year-to-date tally is now off -1.7% to 86,964. Note exports jump 27.5% to 39,517 and are up 13.8% to 58,797 year-to-date. Toyota (-0.3%) is stable and grabs 25.8% share, that’s more than double the #2, the Volkswagen Group (+0.9%). Suzuki (+21.2%) is very strong at #3, while Nissan (-13.7%) overtakes Ford (+9.3%) for the 4th place overall. Chery (+8.9%) repeats at its record ranking (#9), with Haval (+7.7%) and Isuzu (+2.1%) also in positive.

Model-wise, the Toyota Hilux (-7%) easily retains the pole position with 6.9% share despite a disappointing year-on-year loss. Its archenemy the Ford Ranger (+21.1%) climbs to #2 while the Toyota Corolla Cross (+16.4%) is also up one spot to land on the third step of the podium. It is followed by the VW Polo Vivo (+23%) and Isuzu D-Max (-0.4%). The Hyundai Grand i10 (+72.8%), Suzuki Swift (+19%) and Toyota Starlet (+13%) also beat the market in the remainder of the Top 10.

Previous month: South Africa January 2024: Chery hits record ranking, BAIC appears

One year ago: South Africa February 2023: Sales (+2.6%) at highest in 5 years, Ford Ranger up to #2

Full February 2024 Top 38 All manufacturers and Top 50 models below.

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