VE­HI­CLE EX­PORTS JUMP

Finweek English Edition - - THE WEEK -

Ex­ports of lo­cally man­u­fac­tured ve­hi­cles grew strongly in April, in­creas­ing 39% to 32 856, ac­cord­ing to data from the Na­tional As­so­ci­a­tion of Au­to­mo­bile Man­u­fac­tur­ers. Toy­ota SA’s grad­ual re­turn to full pro­duc­tion, fol­low­ing the Fe­bru­ary launch of its new Hilux range, means that high-vol­ume ex­porters are all op­er­at­ing near full ca­pac­ity, re­ported. Do­mes­tic sales of new ve­hi­cles, how­ever, dropped 9.2% to 40 390 in April.

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