New vehicle sales still on rocky path
In the year ended July, a total of 12 281 new vehicles were sold in Namibia, according to the latest figures released by IJG Securities. This is 13.2% or 1 866 less than in the same 12 months in 2017.
“While passenger vehicle sales have picked up on both a monthly and annual basis in July, commercial vehicle sales remain depressed, and overall sales remain well below the figures seen in 2015 and 2016,” IJG says.
“While passenger vehicle sales have picked up on both a monthly and annual basis in July, commercial vehicle sales remain depressed, and overall sales remain well below the figures seen in 2015 and 2016,” IJG says.
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