Luxury car dealers post 65 percent sales decline

Dealers of new luxury cars recorded a 65.5 percent sales slump in the first quarter that ended March on reduced orders for the brands including Range Rover, BMW and Mercedes.

The companies –Inchcape Kenya and DT Dobie— sold only 10 units in the review period, according to data from the Kenya Motor Industry Association (KMI). This was down from 29 units the year before.

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