Motoring

FutureDrive aims to keep you wheeling along

July was a challenging month for the motoring industry with total sales registering only 32 949 vehicles. Toyota, for one, had to suspend some of its operations in KwaZulu-Natal, which obviously dampened supply chain operations.

Toyota South Africa Motors (TSAM) still sold 8 320 vehicles, claiming a 25% market share for July.

The Hilux with 2 836 and Hiace with 1 205 lead the Toyota sales, followed by the Starlet (747), the Corolla family of cars (Quest, Hatch and Sedan) with 600 units, the Fortuner (685) and Urban Cruiser (646).

“Land Cruiser models were also notable on the leader board, with the Land Cruiser pickup posting 247 units, Prado 69 and FJ Cruiser 14. The more niche Toyota GR Supra recorded three sales, while the brand’s luxury arm Lexus posted a total of 45 units sold. Also, worth noting is Toyota’s newly-launched 22-seater bus, Coaster, which sold 25 units,” said Toyota.

Hino moved 154 sales of the 300 Series (medium commercial vehicles), 54 units of 500 Series (heavy commercial vehicles) and a further 37 units in the extra heavy commercial vehicles segment.

Reflecting on Toyota’s performance, TSAM senior vice president of sales and marketing Leon Theron said, “Despite being pleased with our year-to-date sales, we remain committed to TSAM’s long-term strategic plans built around steady and sustainable growth. Over the next few months, we are hoping that our sales will benefit from new and minor change model introductions – including the eagerly awaited Land Cruiser 300.

“Further to the aforementioned, Toyota Financial Services South Africa (TFSSA) has announced affordable and flexible kilometre options on FutureDrive, effective from August 1.”

“The key change will offer customers flexible kilometre and term options from 20 000km to 35 000km, more competitive Guaranteed Future Values (GFV) and lower monthly instalments. FutureDrive allows you to take your vehicle finance into your own hands. From annual mileage limits to the deposit amount, the terms you decide on all determine the GFV, directly influencing your monthly instalment. FutureDrive is an alternative to traditional finance, but with all the traditional features of vehicle finance and with a host of new options and benefits. This is a full demonstration of our commitment to invest in our customers. We believe in providing innovative mobility solutions that cater for all our customers’ needs. With this lower/more competitive monthly instalments offering, we are encouraging customers to take the wheel with FutureDrive,” concluded Thabo Manaka, chief executive officer of TFSSA.

Source: MotorPress

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