Business Daily | by Constant Munda
Sales of new luxury cars dropped 30 percent in 11 months ended November 2020 in a year most households and businesses saw their earnings hammered by economic fallout arising from coronavirus crisis.
The Kenya Motor Industry Association (KMI) statistics show orders for high-end, which cost as much as Sh30 million, fell to 236 units in the review period from 340 in a year ago.
German-made BMW, whose franchise is now under Inchcape Kenya which bought it from Simba Corporation, was the only brand with notable growth in…
