August 2024 sees 15% reduction in vehicle sales

Vehicle sales dropped to 995 units in August, down from 1,172 in July 2024 and 1,101 in August 2023, reflecting declines of 15.1% month-on-month and 9.6% year-on-year. The decrease affected both passenger and commercial vehicles. Here’s Simonis Storm Economist, Halleluya Ndimulunde.