Indian vehicle manufacturers saw their market share of the total South African new vehicle market drop below one per cent in September, despite the month being a buoyant one for most manufacturers.
New vehicle sales statistics for September, released on Tuesday, showed combined sales from Tata and Mahindra totalled 541 units (or 0.995 per cent) of the 54,364 units sold in the month.
The month before, Tata and Mahindra sold a combined 570 units, a sales drop of five per cent on a month-on-month basis, when the rest of the SA new vehicle market showed a six per cent month-on-month increase.
Tata's monthly sales of 386 in September were only marginally down on August's 389, but Mahindra registered a more marked slowdown, slipping from 181 units in August to 155