Vehicles sales down 57 per cent

New second-hand imported top-of-range cars at sale at Jamhuri Car Market. [James Mwangi, Standard]

Vehicle sales in the 12 months to June declined by 57 per cent compared to the same month last year, as Covid-19 ravaged people’s purchasing power.

Data from the Kenya National Bureau of Statistics (KNBS) showed that 12,756 new vehicles were registered in May from 29,701 in the same period last year as the pandemic unleashed an economic crisis that saw a lot of companies shut down and workers laid off.