The number of new vehicles sold in the first half of 2020 declined by 27% to 4,622 units from 6,314 units sold in the same period in 2019 according to the Kenya Motor Industry Association.
The sharp decline can be attributed to reduced spending by most households in Kenya due to the current economic downturn. Movement restrictions introduced in April also contributed to the dip in car sales.
In June 2020, only 762 units were sold compared to 1,137 units sold in June 2019.
Light vehicle sales in the first six months of 2020 dropped to 1,709 units from 2,166 units sold in the first half of 2019. Toyota reported a 22% drop in sales while Nissan posted a 20% drop.