Namibian Vehicle Sales To Stabilise In 2021 Amid Improving Economic Outlook
28 Oct 2020
- We forecast total new vehicle sales in Namibia will post mild growth in 2021 as consumers and businesses recover from weak Covid-19 driven economic growth levels in 2020.
- Namibia's economic output is set to improve in 2021 which will be supportive of improving business sentiment levels and thus drive demand for new vehicles higher.
- Demand for commercial vehicles wil...
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SOURCE: Fitch SOlutions