Home Business Car sales down 26pc as Covid-19 woes bite

Car sales down 26pc as Covid-19 woes bite

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[Source: Business Daily, by Elizabeth Kivuva]

Sales of new motor vehicles dropped 26.4 percent in the six months ended June, weighed down by the economic disruption brought by Covid-19 pandemic.

Data from the Kenya Motor Industry Association shows that the formal dealers including Isuzu East Africa and Toyota Kenya saw their sales decline to 4,628 units in the review period.

This was down compared to 6,294 units in the comparable period last year.

Most of the slump occurred in second quarter (April to June), reflecting the impact of…

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