South African Dealers: September Update 🚗💨 South African car sales are gaining momentum! Despite a tough year so far, September (YtD) saw a 0.7% increase in passenger car sales, bringing the year-to-date deficit down from 4% in August to 3.3% now, according to NAAMSA. Could this be the start of a comeback? 🤔 Here's why we're hopeful: Leads and sales calls are UP! 🚀 August saw a massive surge in both, and September maintained this strong level of interest. We're expecting October sales to reflect this positive trend. Consumer confidence is growing! 💪 A stronger Rand, cheaper fuel, and our first 25bp interest rate cut are easing the financial pressure on consumers. NAAMSA have highlighted these positive economic factors as key drivers for the automotive industry. Stay tuned for next month's update to see if this momentum continues! 📈 #AutomotiveInsights #Logimeter #CarDealers #SouthAfrica #CarSales
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To all our clients and colleagues, we wish you a Happy Heritage Day! Enjoy this beautiful day and celebrate the richness of our cultures! 🇿🇦 #HeritageDay #cardealers #logimeter
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South African Dealers: August Update! 📊 Lead Volumes: Skyrocketed by a remarkable 21.1%! 🚀 Sales Calls: Continued their upward trajectory, increasing by a solid 5.9%! 📞 "A 13-month high Rand exchange rate, a three-year low 4.6% consumer inflation rate, decreasing fuel prices, the potential 'end to loadshedding' as well as definite prospects of lower interest rates on the cards before year-end all enhanced consumer sentiment during the month." - NAAMSA With this positive sentiment and the significant surge in leads and sales calls in August, we are hopeful that this momentum will translate into a positive impact on September sales figures (based on a typical 30 day sales cycle). Stay tuned for next month's update! #automotiveinsights #logimeter #cardealers
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August 2024 Missed Call Report 📞 Overall missed calls climbed to 24% in August - that's a 1.8% increase from July. 📈 But there's a silver lining! Sales-specific missed calls dropped to 7.9%. Every bit counts! 📉 Remember: Every call is a potential sale! 💰 Phone leads convert at a much higher rate than digital enquiries. Don't miss out on those opportunities! Logimeter can help turn those missed calls into closed deals. Visit www.logimeter.com today! #MissedOpportunities #SalesBoost #Logimeter #AutomotiveIndustry #Dealerships
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August's Logimeter Leaderboard is here! Huge congratulations to these top-performing dealerships: 🏆 Mazda Woodmead 🏆 Motus Honda & Mitsubishi East Rand 🏆 Motus Isuzu & Honda Kimberley 🏆 Hyundai Springs 🏆 Ford Midrand Curious how your dealership stacks up? Unlock #insights to drive your #carsales higher at www.logimeter.com #SalesEnablement #AutomotiveRetail #SouthAfricanDealerships #TopPerformers #DealerResults #LogimeterInsights #CustomerExperience Robert Nunes Chantelle Potgieter Warren Van Rensburg Shakira Walters
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See this recent post by our CEO Paul Devine exploring the sense of a shift in the South African automotive market and its potential implications for consumer confidence and the broader economy. 📈
Founder & CEO @ Logimeter | Automotive Sales Enablement & Automation Innovator | Digital Transformation Leader | Data Driven Change Management Champion
Can anyone else sense a shift in the automotive tides? The latest data from naamsa | The Automotive Business Council is intriguing. July '24 passenger car sales showed an 8.74% month-on-month increase over June '24 and an 8.40% year-on-year boost versus June '23. There seems to be a significant shift in the South African automotive market. But what does this tell us about the broader market sentiment? The robust growth in car sales would suggest a clear marker of positive change. It signifies a potential revival of consumer confidence and suggests South Africans are increasingly willing to make significant purchases. These MOM and YOY changes could reflect a growing optimism among consumers, which is critical for the country's overall economic health. I first wondered whether the Government of National Unity (GNU) has bolstered consumer confidence. Is this seemingly more stable political landscape translating into economic optimism, promoting consumer spending? And, potentially, the fact that two members of the South African Reserve Bank's monetary policy committee voted for a rate cut might have injected a further dose of confidence into the market. This move likely signalled to consumers that interest rate cuts were on the horizon, making car loans more affordable and consequently stimulating purchases. The anticipation of lower interest rates often leads to an uptick in big-ticket purchases as consumers rush to take advantage of the potentially favourable borrowing conditions. It is heartening to see positive developments in the automotive sector. In the coming months, it will be interesting to see how these trends evolve and what they mean for the broader economy. What are your thoughts on this shift? Will this optimism be sustained, or are there other underlying factors at play?
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July 2024 missed call stats are here! 📊 Missed calls: 22.2%, holding steady at the same level as June! Missed calls (Sales only): 8.2%, a slight 0.2% improvement over last month 👍 Every call into your dealership counts! Call-ins typically convert 2.5x higher than internet leads. Visit logimeter.com to turn missed opportunities into closed #deals. #AutoSales #DealershipSuccess #Logimeter #SalesGrowth #LogimeterInsights
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July's Top Performers! A big shoutout to these dealerships for their outstanding performance in July: 🏆 Hatfield Chery Silver Lakes 🏆 Motus Honda & Subaru West Rand 🏆 Motus Isuzu & Honda Kimberley 🏆 Kia Vryheid 🏆 Garden City Motors Bloemfontein and Welkom Want to see how your #dealership compares and uncover valuable insights to boost your sales? Visit www.logimeter.com and explore our #dealershipsolutions #SalesEnablement #AutomotiveRetail #SouthAfricanDealerships #TopPerformers #DealerResults #LogimeterInsights #CustomerExperience (Lourens de Beer - Renier Botha - Kobus Jacobs - Warren Van Rensburg)
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The power of a woman's voice knows no bounds, especially when amplified through technology. Logimeter celebrates the strength and resilience of women everywhere today and every day. Happy Woman's Day! #WomansDay #QuoteOfTheDay
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South African Dealers: July Market Update! 📊 Lead Volumes: Held steady with only a minor dip of 0.06%. 📉 Sales Calls: Saw a positive upswing, increasing by 2.8%! 📈 With NAAMSA reporting an 8.74% increase in car sales over June, it's clear that consumers are more confident and actively exploring vehicle options despite economic concerns. An expected interest rate decrease on the horizon may further bolster confidence and accelerate this positive trend. #automotiveinsights #logimeter #cardealers
