Passenger Car Recovery View Plays Out In Record Sales Month

New vehicle sales in Namibia reached record highs in October, as passenger car supplies continued to improve in the wake of the Japanese earthquake and tsunami, and business spending buoyed the commercial vehicle (CV) segment. Total vehicle sales of 1,164 units, the second highest in 15 years, were 15.6% higher year-on-year (y-o-y) and 8.2% higher than September, keeping sales on track to meet BMI's forecast for sales of over 11,700 units in

To read the full article, please choose one of the following options: