Flash Reports

Namibia March. Q1 fell sharply

Namibian vehicles Nissan-Pathfinder-2017

Namibian vehicles industry started the 2017 with a sharp first quarter fall, losing 18% despite the positive initial expectations on this year. Indeed, market is declining since 2013 and now the economic environment is improved.

Following the all time record hit in the 2014 with over 20.000 units, the Namibian domestic vehicles market declined both in 2015 and 2016 mirroring deteriorated economic environment.

The market is expected to recovery in the 2017 thanks to improved conditions in the country, with growing export and higher prices for raw materials.

However, in the first quarter of the year total vehicles sales had been still very low, with 3.463 units, losing a sharp 18.8%.

Toyota was again the best brands, albeit losing 23.3% with 1.314 sales.

Volkswagen was second with 557 (-4.3%) and Ford third with 366 (-1.6%).

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Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

Rank March Rank 2017 Brand Sales March Somma di YTD Mar 17 Variation March Variation YTD Share March Share YTD 2017
1 1 Toyota 419 1.314 -26,6% -23,3% 33,5% 37,9%
2 2 Volkswagen 181 557 -6,7% -4,3% 14,5% 16,1%
3 3 Ford 135 366 8,9% -1,6% 10,8% 10,6%
4 4 Nissan 86 286 -30,1% -22,5% 6,9% 8,3%
5 5 Isuzu 57 189 -31,3% -24,1% 4,6% 5,5%
6 6 Mercedes 52 155 67,7% 66,7% 4,2% 4,5%
10 7 Hyundai 24 74 -7,7% -5,1% 1,9% 2,1%
9 8 BMW 33 54 312,5% 125,0% 2,6% 1,6%
7 9 Audi 39 50 333,3% 85,2% 3,1% 1,4%
8 10 Land Rover 37 47 -7,5% -55,2% 3,0% 1,4%

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