June new vehicle sales the worst in a decade, possible relief on the way from Transport Minister Simeon Brown

June new vehicle registrations slumped to the worst in a decade, the Motor Industry Association says. It was the sixth straight month of decline, with the MIA already warning in May that some dealers could go to the wall in a “distressing” market. At 9423 new vehicle registrations, June 2024 was 60% lower than June 2023 (23,560).

That month makes a harsh comparison because sales hit a record in June 2023 due to a pending lowering of the Clean Car Discount from July 1 which fuelled an EV boom (the rebate was scrapped after December)..