Malawi New Vehicles sales fall in first half 2016. Toyota has lost sharply while keeping the lead in a competitive arena were all are struggling, but Nissan that gained in double-digit.
Recent reforms have put greater emphasis on simplifying Malawi’s business start-up process and creating a more vibrant private sector through decentralization. However, the East African nation has been mired in a fiscal environment characterized by a large budget deficit and rising debt service costs.
According to data released by the Association of Car Importers, during the first half of the 2016 total vehicles sold in Malawi had been 867, down 8.4%.
The leader was again Toyota selling 369 vehicles (-28.6%) and 42.6% of total market. In the second player there was Ford with 113 sales (-10.3%) followed by Nissan, with 112 units (+15.5%).
As far as the Car Groups performance, the leader was Toyota with 43.6% of market share, ahead of Renault-Nissan with 13.8%, Ford with 13.0% and Mitsubishi with 6.9%.
As far as the best-selling models performance, the Toyota Hilux dominated the competition with 174 sales (-20.5%) followed by the Ford Ranger with 102 (-10.5%), the Toyota Land Cruiser with 71 (-24.5%), the Nissan Hardbody with 70 (-20.5%) and the Toyota Corolla with 64 (-4.5%).
Above, 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 always have the year to date data updated.
|Rank June||Rank H1 2016||Brand||Sales June||Sales H1 2016||Var June||Var H1 2016||Share June||Share H1 2016|
|Rank June||Rank H1 2016||Model||Sales June||Sales H1 2016||Var June||Var H1 2016|
|4||3||Toyota Land Cruiser||11||71||0,0%||-24,5%|
|8||8||Toyota FJ Cruiser||4||23||0,0%||0,0%|