The Federal Chamber of Automotive Industries (FCAI) has today released VFACTS sales figures for the month of April, revealing that the coronavirus pandemic has had the expected effect: a significant reduction in the market for new cars and commercial vehicles.
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A total of 38,926 sales were recorded for the month, representing a fall of 48.5 per cent over the same period last year (75,550 sales) and the largest single decrease of any month since VFACTS figures were first recorded in 1991.
“Clearly, the COVID-19 pandemic has had a major influence on the April sales result, and reflects a downturn in the broader economy right across the country,” said FCAI chief executive, Tony Weber.
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