South Africa October 2024: Market up 5.5%, Mahindra XUV3X0 lands

The Mahindra XUV3X0 lands directly at #25 in South Africa.

47,924 new vehicles hit South African roads in October, a robust +5.5% year-on-year increase. The year-to-date tally is now off -4.7% to 425,806. Within this total, passenger cars soar 14.5% to 34,228, its highest since October 2019. Local association NAAMSA said “positive indicators of further potential growth include an easing in annual consumer inflation for a fourth consecutive month to 3.8% in September, the lowest level since March 2021, when the rate was 3.2%. In addition, petrol prices were at the lowest point in nearly three years, creating some breathing space for households.” Exports are freefalling however at -42.6% year-on-year in October to 23,342 and -23.1% YTD to 253,535.

Toyota (-4.4%) and the Volkswagen Group (-3.9%) remains the two most popular OEMs but go against the positive market with small declines. In contrast the next nine manufacturers all beat the market. Mahindra (+71.8%) is the most dynamic above Chery (+40.6%), Suzuki (+34.1%), GWM (+29.3%), Ford (+27.9%), Isuzu (+21.8%), Hyundai (+10.4%), Renault (+8%) and Kia (+6.4%).

The Toyota Hilux (-15.6%) holds onto the models top spot despite a hefty year-on-year loss to 5.8% share. In fact the entire Top 5 is unchanged on last month: the VW Polo Vivo (+0.7%) ranks #2 ahead of the Ford Ranger (+19.6%), Toyota Corolla Cross (+0.2%) and Isuzu D-Max (+23.4%). The VW Polo (+15.4%) is up three spots on September to #6 while the Toyota Starlet (-0.4%) rallies back up 13 ranks to #7, a ranking it also holds year-to-date. The Hyundai Grand i10 (+91.2%) and Suzuki Fronx (+167.2%) also post stellar scores, the latter breaking into the Top 10 for the first time. After the Hyundai Exter last month, we have another newcomer in the charts: the Mahindra XUV3X0 landing directly at #25.

Previous month: South Africa September 2024: Negative sales, Hyundai Exter lands

One year ago: South Africa October 2023: Volkswagen Group (+34.5%) impresses in negative market

Full October 2024 Top 39 All manufacturers and Top 50 models below.