August vehicle sales contract to 1,380 units despite year-on-year growth
New vehicle sales in Namibia fell to 1,380 units in August from 1,535 in July, marking the first monthly contraction since May, though year-to-date sales of 10,760 units remain 12.1% higher than the same period last year—the strongest January-to-August performance since 2015. Transport division inflation reached 13.2% in August following rises in fuel prices and partial reversal of the fuel levy cut, with passenger vehicle sales declining to 634 units but commercial vehicles remaining resilient.
18 hours ago · The Namibian →