New vehicle sales rebound 6.26pc in first quarter



Business Daily | by Victor Juma


Sales of new motor vehicles rose 6.26 per cent in the first quarter ended March, signalling a rebound from last year when orders suffered from a mix of economic weakness and coronavirus restrictions on the transport sector.

Data from the Kenya Motor Industry Association (KMI) shows that formal dealers including Toyota Kenya, Isuzu East Africa and DT Dobie moved 2,867 units in the review period compared to 2,698 units a year earlier.

The momentum, however, risks being reversed by the new partial lock-down of Nairobi and neighbouring counties…

Read more…


LEAVE A REPLY

Please enter your comment!
Please enter your name here