Monday, January 22, 2007

More Chinese cars to hit South Africa

ohannesburg - South Africa would see more Chinese vehicles introduced into the value segments of the market this year, specifically SUVS and Light Commercial Vehicles, McCarthy Motor Holdings chairman said on Wednesday.
Brand Pretorius said: "The market will be stimulated by a host of new model introductions and facelifts, including some important launches by established manufacturers and importers."
In October last year, China South Africa shipped 300 Chinese manufactures light delivery vehicles - or bakkies - saying it planned to increase the number to 1 000 by the end of the 2006.
He added that all the various market segments would be characterised by more intense competition than ever before, as manufacturers and importers fight for market share.
"It is therefore likely that a buyers' market will prevail, which in turn may result in a high incidence of special offers and promotions," he said.
His comments come a day after the National Association of Automobile Manufactures of South Africa (Naamsa) reported subdued new vehicles sales for December.

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