Mahindra shows significant growth in S Africa despite overall downturn

Mahindra South Africa has achieved growth in the South African passenger vehicle and pickup market despite an overall drop in sales because of the current economic downturn in the country.

Figures released by the National Association of Automobile Manufacturers of South Africa (NAAMSA) show that Mahindra South Africa is one of the country's fastest growing passenger vehicle and pickup brands.

Data from NAAMSA, which recently consolidated the sales for the first three quarters of 2019, show that Mahindra is on track to reach a new overall sales record that will easily exceed its target of 5,664 units for full year.

NAAMSA reported that the overall market for the year to end-September was down 3.5 per cent with the largest volume decline being in the passenger vehicle market, which has declined by 4.9 per cent or 13,468 vehicles when compared to the same period last year.

Despite this, Mahindra has grown by 33.4 per cent to reach 5,584 sales upto end of September.

Its parts division ...