CFAO takes 54 percent share of new luxury car market in Kenya

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CFAO Motors Kenya's Suzuki XL6 on March 16, 2023. FILE PHOTO | NMG

CFAO Motors Kenya has regained its leadership in the new luxury car business, taking a 54.5 percent market share in the nine months ended September when the industry recorded a 33.7 percent sales slump.

The company, the result of the merger between the former DT Dobie and Toyota Kenya, sold 30 Mercedes cars in the review period according to data from the Kenya Motor Industry Association (KMIA).

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Note: The results are not exact but very close to the actual.