Kenya’s luxury car market contracts by 26.5 per cent

Mr Sanjiv Shah, RMA Kenya chief executive. PHOTO | DIANA NGILA

Kenya’s new luxury car market recorded a contraction of 26.5 per cent in the nine months ended September, with Jaguar Land Rover (JLR) being the only dealer to have recorded sales growth in the period.

Data from the Kenya Motor Industry Association shows that sales of high-end cars dropped to 224 units in the period compared to 305 units last year.

PAYE Tax Calculator

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