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[IN CONVERSATION] South Africa's new-vehicle sales jumped 16.9% year-on-year in April, defying economic pressures like high interest rates and strained consumer wallets. A key driver is the rise of Chinese auto brands - affordable, tech-loaded and rapidly reshaping the local market, as brand loyalty gives way to budget-conscious choices. With vehicle prices down 8.6% and uncertainty over long-term resale value, industry players remain cautiously optimistic. CNBC Africa’s Rethabile Joala explains
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