NEW CAR SALES WELL UPNew car sales have hit their highest level in 12 years. Overall automotive sales hit 57,708 units last month – up 11.9% on the same month a year ago. One grey cloud: export volumes hit 32,801 units – a decrease of 11.6% compared with July 2025. The Absa Purchasing Managers’ Index remains in contractionary territory for the second month in a row. Brent Crude oil this morning trading just beneath $85 per barrel.