According to TransUnion’s Vehicle Pricing Index (VPI) for the first quarter of 2021, the South African motor industry is struggling to recover from the financial effects of the Covid-19 pandemic, and so are consumers.
TransUnion’s VPI measures the relationship between the increase in vehicle pricing for new and used vehicles from a basket of passenger vehicles that incorporates 15 top volume manufacturers. The index is created using vehicle sales data from across the industry.
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