Namibia 2019. Toyota holds over 40% share in a downward trending market (-13.1%)
Namibia vehicles market falls for the fifth year in a row. Indeed, Full Year 2020 sales have been 110.395, down 13.1% compared to 2018. Toyota is the undiscussed leader and holds over 40% market share.
Namibia 2017. Recession hit vehicles demand
Namibian vehicles market continued the fall during the 2017, losing for the third consecutive year. The country is in recession after a prolonged expansion and Outlook is not improving. Toyota is market leader ahead of Volkswagen and Nissan
Namibia 2013. Auto market at the new all time record
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.
Namibia 2018. Toyota holds 42.4% in a market down 4 years in a row
Namibian Auto Market kept the negative pace in the 2018 signing the fourth annual decline in a row with 11.863 sales (-11.6%). Toyota lost 8.1% but still holding 42.4% of market share, while Volkswagen widened the gap from Nissan.
