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SA’s New - Vehicle Market Just Had Its Best July Since 2019, But Who’s Behind The Surge?

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South Africa’s new-vehicle market just had its best July since 2019, but who’s behind the surge? And how are they paying for their wheels? Lee Naik, CEO of TransUnion Africa, joins us to unpack the shifting buyer landscape: from Gen Z’s social-media-driven car choices to a growing focus on affordability and flexible financing. We explore why the boom isn’t just about the recent rate cuts, how uninsured ownership is changing the risk game for insurers, and why the domestic market is holding steady despite global headwinds.
12 Aug 2025 12PM English South Africa Business News · Investing

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