Locally assembled vehicles rise 80pc on demand surge businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Vehicle assemblers raise output 50 percent in Q1
Summary
Data from the Kenya Motor Industry Association (KMI) shows that the formal dealers including Isuzu East Africa, Toyota Kenya and DT Dobie assembled a total of 1,979 units in the review period compared to 1,319 units a year earlier.
Overall new vehicle sales stood at 2,867 in the review period, with an increasingly larger share of them being put together locally, led by trucks.
Tuesday April 20 2021
Workers at the Isuzu East Africa Vehicle Assembly plant on Mombasa Road during December 2018 media tour. PHOTO | DIANA NGILA | NMG
By VICTOR JUMA
Summary
Data from the Kenya Motor Industry Association (KMI) shows that the formal dealers including Isuzu East Africa, Toyota Kenya and DT Dobie assembled a total of 1,979 units in the review period compared to 1,319 units a year earlier.
New vehicle sales rebound 6 26pc in first quarter businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Motor Vehicle Importers Lose Billions
Motorists on a Colossal Traffic Jam Along Busy Uhuru Highway in Nairobi
Simon Kiragu
Kenyans.co.ke
Motor vehicle importers in Kenya have recorded losses running into billions of shillings after sales and imports dipped in 2020.
Charles Munyori, Secretary-General of Kenya Auto Bazaar Association (KABA) stated that the year posed a challenge especially after the outbreak of Covid-19.
The economic disruption also reduced the demand for vehicles in the country. Munyori said that second-hand models account for over 85 percent of all imported vehicles in Kenya.
Data by the Kenya Revenue Authority (KRA) disclosed that import of new and used automobiles declined by 7 percent in the year ending December 2020, compared to the same period in December 2019. 85,624 were imported in 2020 while 92,120 units were imported in 2019. This indicates that the imports declined by 6,496.
Number of motor vehicles assembled locally up 2.2pc
Monday February 08 2021
By VICTOR JUMA
Summary
The number of motor vehicles assembled locally rose 2.2 per cent in the year ended December, accounting for 63.6 per cent all new auto sales.
Data from the Kenya Motor Industry Association (KMI) shows that the formal dealers including Simba Corporation, Toyota Kenya and Isuzu East Africa assembled a total of 7,052 units in the review period.
This was a slight increase from 6,894 units that were assembled in 2019.
The number of motor vehicles assembled locally rose 2.2 per cent in the year ended December, accounting for 63.6 per cent all new auto sales.