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Easing inflation, sturdy shilling drive new car sales

President Ruto says Kenya to make 'own Mercedes'

President William Ruto on Monday exuded confidence about Kenya producing a locally made high-quality car similar to the German luxury vehicle maker Mercedes-Benz.

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Kenyans' love for used cars, mitumba hit local industries

Local assemblers are also struggling with low production capacity, high costs.

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Kenya new car sales plunge 15% in 2023 on new taxes, weaker currency

The number of new vehicles sold in Kenya dropped 15% in 2023, data from an industry association showed, as new taxes and a weaker currency curbed demand. Although the East African.

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New vehicle sales fall 15pc on tough economy

Data from the Kenya Motor Industry Association shows that car dealers sold 11,370 units in the local market in the year ended December 2023.

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