Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa Total New Vehicle Sales climbed to 51.07K in May 2026
FMPMonthlyReleased June 2026
South Africa Total New Vehicle Sales climbed to 51.07K in May 2026, released June 2026, up 3.18K from April's 47.89K reading. The reading matched the 49K consensus. Year-over-year, the indicator is up 5.76K. Over the past 3 months, Total New Vehicle Sales averaged 53.02K, vs 50.84K in the prior 3-month window. The reading is in the 65th percentile of the trailing 24-month range.
Latest Release
51.07
Actual
49
Consensus
47.89
Previous
Median Absolute Error
±2.23 thousand
across last 12 releases
Last Call
Jun 2026
Predicted: 53.78
Actual: 51.07
Error: +2.71
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.73 | INDEX | Bearish S&P 500 | → View |
| EUR/USD | ▲ Direct | +0.50 | FOREX | Bullish EUR | → View |
| BTC/USD | ▼ Inverse | −0.35 | CRYPTO | Bearish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Total New Vehicle Sales (South Africa) was reported at 51 thousand in June 2026. This beat the market consensus of 49 thousand by 2 thousand. The reading rose from the previous value of 48 thousand. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 53 thousand, ranging from 49 thousand to 58 thousand across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 54 thousand, up from the prior three at 51 thousand. Volatility over the past year (σ 3 thousand) is comparable than the prior year (σ 3 thousand). In June readings over the past 3 years, Total New Vehicle Sales has averaged 44 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 2 thousand.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate MoM (Jun 17) and Inflation Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Total New Vehicle Sales - ZA
Loading chart data...
About Total New Vehicle Sales — South Africa
DEFINITION
Total New Vehicle Sales is a financial indicator that measures the total number of new cars, trucks, and other vehicles sold by manufacturers within a specific time period. This data is used to assess the overall health of the automotive industry and consumer spending on big-ticket items. It is a key metric for investors, economists, and policymakers in understanding the current state of the economy and predicting future trends.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 51.07 K, consensus 49 K. Prior reading (Apr 2026): 47.98 K. Before that (Mar 2026): 58.06 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.73) — a useful reference for index-focused traders.