Industry / Kenya
Will Inflation Derail Construction-Driven Autos Growth?
August 2011 | Industry Trend AnalysisDespite the industry's concerns regarding restricted supplies of Japanese vehicles and higher prices resulting from the weakening shilling, Kenyan new vehicle sales were up 10.2% for the first seven months of 2011. Much of the growth came in the heavy truck and prime mover segment, which has benefitted from a boom in the country's construction industry.
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