Namibia registered a 12.7% month-on-month (m-o-m) increase in vehicle sales in May, representing the highest monthly increase since January, Namibia Economist has reported. The country registered sales of 5,539 vehicles in the year-to-date period, with passenger vehicle sales representing 46.9 % of total vehicle sales, while light commercial vehicles represent 48.1% of total vehicle sales during the period. Passenger vehicle sales rose 21.4% m-o-m to 611 units in May, with Volkswagen and Toyota registering the highest sales during the month. The growth prospects of Namibia’s auto industry are helped by the fact the country is one of the wealthiest in …
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