Vehicle sales drop 20.6% in April after March surge
Namibia's vehicle market slowed in April with total sales falling to 1,320 units from 1,662 units in March, though April sales remained 5.7% higher than April 2025. Analysts at Simonis Storm Securities attributed the decline to a natural unwinding of March's record-breaking performance, which was driven by fleet deliveries and rental sector demand, while noting the year-to-date performance remains strong at 10.6% growth.
19 May 2026 · Windhoek Observer →