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    1.0.32

    Locally Assembled Vehicles Market Share Jumps to 78.1%

    Eunniah
    By Eunniah Mbabazi
    - December 20, 2022
    - December 20, 2022
    Kenya Business newsManufacturing
    Locally Assembled Vehicles Market Share Jumps to 78.1%

    The share of locally assembled vehicles has jumped to a new peak of 78.1% of all new automotive sales, from the previous peak of 70.6% in the year ended December 2021.

    Data from the Kenya Motor Vehicle Industry Association (KMI) shows that firms including Isuzu East Africa and Simba Corporation assembled 9,345 units out of the total of 11,962 new vehicles sold in the eleven months that ended November.

    The KMI data shows that Isuzu East Africa raised its output to 5,422 units in the 11-month period compared to 4,931 the year before.

    DT Dobie more than doubled its output to 552 vehicles, with the dealer recently expanding the list of models it puts together at the Thika-based Kenya Vehicle Manufacturers.

    The company, which started with the assembly of the Volkswagen Polo Vivo car, added the Mercedes Benz Actros 3340 and 2640 models to the assembly line in May.

    The dealer had churned out a total of 67 units of the trucks at the end of September, according to the KMI data.

    CFAO Motors (Toyota Kenya) assembled 1,487 vehicles in the 11-month period, declining from 1,848 the year before. The dealer has the second-largest market share in terms of assembled volume at 15.9%.

    Simba Corp ranked third with a 12.9% share, which saw its output fall to 1,213 from 1,368.

    See Also:

    Sale of New Motor Vehicles Rise 11.7% in Q1 2022

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