With the recent economic downgrade, South Africa’s ailing economy is set to cast a dark shadow on motorists and new car buyers. South Africa’s Vehicle Pricing Index (VPI) has reported an increase in pricing for new vehicles at 2.2%, and 1.5% for used vehicles. So, how can car buyers survive South Africa’s status downgrade?
Economic times are likely to remain challenging in 2017, and South African consumers are very much in for a rough ride in 2017. Continue reading
The Department of Energy confirmed that consumers can anticipate a petrol price increase of 52c a litre in June. The weaker rand and higher international oil prices are behind this latest price increase. Continue reading