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Wednesday 20 November 2013

Namibia Autos Report Q1 2014:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Namibia Autos Report Q1 2014
Nov 20th 2013, 00:00, by vyankatesh

While Namibian vehicle sales in H113 remained steady at 7,174 units (growing by about 1.0% y-o-y), the subsequent strikes in neighbouring South Africa have taken a toll on the local market. Sales in August 2013 declined 5.4% month-on-month (m-o-m) and 0.4% y-o-y, to 1,510 units. This brought auto sales for the first eight months of the year to 10,680 units, according to The Namibian. The drop seems to have come from the disruption in production due to strikes in South Africa rather than a fall in demand. Of the total 8M13 vehicle sales, passenger vehicle sales made up 47.8% and …

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