New vehicle sales drop to 3-year low
New vehicle sales drop to 3-year low Thursday January 21 2021 By CONSTANT MUNDA Summary Sales of new motor vehicles fell to a three-year low in the 12 months to December 2020, showing the impact of the economic slowdown and disruptions brought by the Covid-19 pandemic. Kenya’s economy took a major hit from mid-March when the first case of the coronavirus was reported. The government implemented a series of measures aimed at curbing the spread of the respiratory disease, including closing schools and bars, restricting travel and imposing night-time curfew. Sales of new motor vehicles fell to...