Car dealers optimistic despite 15pc dip in sales last year



People Daily | by Steve Umidha


New vehicle sales in Kenya dropped 14.6 per cent last year, hit by a sluggish economy that was triggered by the coronavirus (Covid-19) pandemic, the umbrella body for the industry has said.

The industry sold 11,086 vehicles the whole of last year, down from 12,981 in the previous year, figures released by Kenya Vehicle Manufacturers Association (KMIA) yesterday show.

Global carmakers such as Volkswagen have been investing in vehicle assembly in the East African nation in recent years, attracted by…

Read more…


LEAVE A REPLY

Please enter your comment!
Please enter your name here