February New vehicle sales on a jump

By Steve UMIDHA On Mar 18, 2021

New car sales rally continued in February as most car makers appeared ahead and posted consistent gains with a total industry growth of 1,738 units sold in the month, according to industry regulator Kenya Motor Industry Association (KMIA)

All top carmakers reported robust sales growth in the domestic market last month as demand for personal mobility amid the COVID-19 pandemic continued to drive the market.

New vehicle sales in Kenya dropped 14.6 percent last year, hit by a sluggish economy that was triggered by the coronavirus pandemic. The industry sold 11,086 vehicles in 2020, down from 12,981 in the previous year, KMIA figures show

Car dealers sold 858 units in January 2021, 55 more than the industry sold in the first month of 2020.

Steve UMIDHA 4584 posts 1 comments

Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.

He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.

Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.

Email: info@financialfortunemedia.com

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