Businesses & Financial News

New vehicle sales rebound 48 per cent in April

Sales of new motor vehicles rose 48 per cent in April, signaling a rebound from March when orders suffered from a mix of economic softness and the coronavirus restrictions imposed on key sectors including the transport segment.

Data from the Kenya Motor Industry Association (KMI) shows that formal dealers including Toyota Kenya, Isuzu East Africa and DT Dobie moved 3, 942 units in the first four months to April compared to 2,661 units sold between January and March 2021.

 

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