The automobile market broke a record with an increase of 11.1 percent in June

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Lerato Khumalo

The automobile and light commercial vehicle market increased by 11.1 percent in June with the impact of purchases attracted to the forward with the effect of tax increase and increased to 118,013 units and recorded the highest June sale in its history. While electric vehicle sales splashes sharply, the share of electric and hybrid motor vehicles exceeded 50 percent for the first time.

According to the data published by the Automotive Distributors and Mobility Association (ODMD); The automobile market increased by 6.6 percent in June compared to the same month last year, 93,676 units, while light commercial vehicle market increased by 32.4 percent to 24,337 units.

Automobile and light commercial vehicle market increased by 5.1 percent in the January-June period rose to 607,379. In the first half of the year, automobile sales increased by 5.4 percent light commercial vehicle sales by 3.8 percent.

Pure electric vehicle sales increased by 219 percent in June to 25,646 units and for the first time exceeded the 20 percent threshold for monthly sales. In addition, the share of electric and hybrid vehicles from the total market, increased by 7 points compared to the previous month was 51.4 percent in June.