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Grey imports on the rise
Grey imports on the rise
ON THE RISE: Imported cars

Business

Grey imports on the rise

Recent reports have indicated that majority of cars registered for the first time during the first quarter of 2022 are mostly used vehicles, accounting for 77.6 percent from a total of 7,974 cars registered.

Motor Vehicles from Japan constituted 67.1 percent of the total motor vehicles first registrations and 99.5 percent of them were used vehicles.

Meanwhile brand new motor vehicles made up only 22.3 percent of the total number of vehicles registered while rebuilt vehicles constituted 0.1 percent.

From the total brand new motor vehicles, 77.0 percent were from South Africa.

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