Home Africa Namibia: Commercial vehicles drive annual sales growth – News

Namibia: Commercial vehicles drive annual sales growth – News

Namibia: Commercial vehicles drive annual sales growth – News

Africa Links 24 with Staff Reporter
Published on 2025-03-26 15:06:25

COMMERCIAL vehicles have remained the primary driver of annual vehicle sales growth, accounting for 54.3% of total units sold in January 2025, the latest report by Simonis Storm shows.

Sales in this segment decreased by 4.57% year on year (y/y), reflecting slightly lower demand from businesses and industries reliant on fleet expansion and logistics. Within this category, light commercial vehicles dominated, with 540 new units sold.

According to economist Almandro Jansen, 25 medium…

Read the Full article on The Namibian

Previous articleNigeria: Senate confirms Bala Bello as part-time AMCON Chairman, 5 others AS Non-Executive Directors — Africa Links 24
Next articleKenya: Govt Begins Talks to Strengthen Construction Laws Targeting Owners & Engineers in Collapsed Buildings