Namibia

Vehicle Sales Plummet in April 2024, Marking Year’s Lowest Figures

today21 May, 2024

Background

In April 2024, vehicle sales plummeted to 899 units, down from 1,451 units in March and 1,004 units in April last year, representing a negative growth rate of 38.0% month-on-month and 10.5% year-on-year. The decline, driven primarily by commercial vehicles, was the lowest monthly sales recorded this year. Simonis Storm Economist, Halleluya Ndimulunde.

 

Written by: Leonard Witbeen