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Vehicle sales surpass 1,000 units in April

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New car sales totaled 1,004 units in April 2023, reflecting a 10% year-on-year increase but an 18.1% monthly decline.

This information was revealed by Cirrus Capital, a Namibian-owned financial services firm, in its vehicle sales report.

While this is fewer than the 1,226 units sold in March 2023 and the 1,103 units sold in February 2023, it is the third month in a row that new vehicle sales have surpassed 1,000 units, with commercial vehicle sales outnumbering passenger vehicle sales by 68 units.