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“The decline in economic growth, combined with an interest rate hike, has negatively affected South Africa’s new vehicle sales, reports the National Association of Automobile Manufacturers of South Africa (Naamsa)

Sales of new vehicles during August declined 8.2% (year-on-year). This follows the 6%. decrease recorded in July 2015.”

http://www.wheels24.co.za/News/SA-car-sales-Dismal-Rand-takes-its-toll-20150902

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