insert_link Local Bank Windhoek’s Selekt Sales Awards Celebrate Excellence in Vehicle Financing Fostering a sense of community and collaboration within the vehicle financing industry, Bank Windhoek hosted a night of celebration and recognition for the hard work and achievements of salespersons and car dealerships in central Namibia. Bank Windhoek’s annual Vehicle and Asset Finance (VAF) Selekt Sales Awards took place on Thursday, 31 October 2024, in Windhoek. In its previous financial year, Bank Windhoek financed over 2000 personal and commercial vehicles […] todayNovember 4, 2024 6
insert_link Business / Economics September Vehicle Sales Drop As Rental Purchases Plummet Vehicle sales in September reached 988 units, continuing a two-month decline. Out of these, 978 were sold to dealerships, 10 to rental agencies, and none to the government. Rental agency purchases saw a sharp drop, falling from 141 units in July to just 10 in September. The overall market was mainly sustained by sales in the commercial vehicle segment. Simonis Storm Economist: Almandro Jansen: todayOctober 17, 2024 16
insert_link Business / Economics 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. todaySeptember 18, 2024 36
insert_link Business / Economics May vehicle sales increase by 7.5% Vehicle sales reached 966 units in May, marking a 7.5% month-on-month increase from the 899 units sold in April 2024. However, this figure represents a slight decline compared to the 982 units sold in May 2023. Commercial vehicles continue to drive sales in the market, according to Simonis Storm Economist, Halleluya Ndimulunde. todayJune 17, 2024 39
insert_link Namibia Vehicle Sales Plummet in April 2024, Marking Year’s Lowest Figures 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. todayMay 21, 2024 44
insert_link Namibia Vehicle sales increase by 17% in 2023 New data shows that vehicle sales increased by 17% in 2023 to 12,775 units compared to 10,919 units sold in 2022. This marks the highest total of new vehicles sold in the country since 2017. December 2023 witnessed a downturn, with a year-on-year decline of 11.7% and a month-on-month drop of 28.2%, totaling 841 units. Halleluya Ndimulunde from Simonis and Storm has more. todayJanuary 22, 2024 44
insert_link Business / Economics Market Watch – 4 December Find out what has been happening in the world of vehicle sales in this week's Business Report Market Watch with local economist Angelique Bock. https://iono.fm/e/1387225 todayDecember 5, 2023 20