Luxury car sales drop 30pc on Covid woes

BMWX6

A BMW X6. FILE PHOTO | NMG

Sales of new luxury cars dropped 30 percent in 11 months ended November 2020 in a year most households and businesses saw their earnings hammered by economic fallout arising from coronavirus crisis.

The Kenya Motor Industry Association (KMI) statistics show orders for high-end, which cost as much as Sh30 million, fell to 236 units in the review period from 340 in a year ago.

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