Vehicle Sales Note November 2022
A total of 1,045 new vehicle sales were sold in Nov ’22, an increase from Oct ’22 at 966 units. This is the third-highest best month for new vehicle sales and the fourth print above 1,000 units for ’22. Vehicle sales increased 39.0% y/y and 4.9% m/m, marking the fourth consecutive month of y/y growth above 30.0%. Nov ’22 was the first time since Jul ’22 that passenger vehicles sales (531 units) exceeded commercial vehicles (514 units).
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