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New car sales drop as prices rise by 10%

Strong dollar has hit imports by assembly companies.

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by The Star

Sports23 May 2023 - 15:06
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CFAO Motors COO Abderrahmane Mairi, Managing Director Arvinder Reel, Deputy Managing Director Multibrand and equipment Chris Ndala and Deputy managing director Toyota and Yamaha Joshua Anya during CFAO Motors Kenya Business Reorganization Announcement on combining operations with DT Dobie at Movenpick Hotel Nairobi on May 10, 2023.

New car sales in Kenya dropped in April, latest industry data shows, but demand for trucks and pickups remained high despite tough economic times.

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