New vehicle dealers and assemblers have reported a 2.74 percent drop in domestic sales to 11,059 units in the year ended December 2024 on the back of deterrent cost of borrowing amidst depressed circulation of cash in a softening economy.
Fresh numbers from Kenya Motor Industry Association (KMI) show that orders processed by firms such as Isuzu East Africa, CFAO Motors Kenya and Simba Corporation fell further last year from 11,370 units in 2023.
