Namibia Auto Market 2016 dropped down losing for the second year in a row and after a very positive decade. The pick up segment lost more than the average penalized by weak Toyota, Volkswagen shining in 2nd place.
Namibia vehicles sales fell 8% in first half 2015 albeit still strong economic outlook and country progress in any sector. Mid terms perspectives stand really positive. Toyota Hilux best-selling model.
Namibian Car Market at new all-time again in 2014, with the sixth consecutive growing year in a series fueled by fast growing economy. The competitive arena is dominated by Toyota that in 2014 gained a market share over 40%.
Namibia Vehicle Market hit the all-time record in 2013 pushed by great economic momentum lived by the young country and fast growing economy. Future Outlook stands extremely positive representing great news for Toyota & Volkswagen.