Increased sales of high end vehicles calls for specialised insurance
According to statistics from IHS Automotive, luxury automakers such as Aston Martin and Lamborghini, sold more cars in 2015 than ever before and they estimate that luxury sales will account for about 13.5% of all new vehicle sales in 2020. On the local front, the National Association of Automobile Manufacturers of South Africa (NAAMSA) states that in June this year alone 305 Land Rover, 84 Porsche and eight Maserati motor vehicles were sold in the country.