Motoring (26)

Namibia registered a record number of 9,848 vehicles sold between January and September this year, marking the highest sales since 2017, official figures reveal. 

In the world of real estate sales transactions, the signing of an "offer-to-purchase" (OTP) document is a pivotal moment. However, what happens if you decide to cancel this commitment?

The Motor Vehicle Accident (MVA) Fund says it is conducting a traffic impact assessment for the construction of the country’s first dedicated, specialised trauma and rehabilitation facility in Katutura.

Vehicle sales in Namibia recorded a 13.2% percent decline in August with a total of 1,094 new vehicles sold compared to 1260 sold in July, latest figures show. 

Namibia recorded an 86.4% increase in vehicle sales to 1,260 vehicles in July 2023, compared to 676 vehicles sold in July last year, latest data reveals.

Namibia has set ambitious targets to transition to a greener and more sustainable transportation system by aiming to have 96,500 light vehicles converted to battery electric vehicles (BEVs) by the year 2025, a recent study has revealed.

The prices of new vehicles have drastically increased due to inflation and manufacturing issues. This has driven most consumers to opt into buying pre-owned vehicles because they are cheaper.

Namibia experienced a record-breaking surge in passenger vehicle sales during February 2023, according to the latest data.

The government plans to spend around N$210 million to buy new vehicles in a move aimed at increasing operational efficiencies. 

The Namibian vehicle market had a promising start in 2023, with 798 units sold in January 2023, compared to 708 in January 2022, representing a year-on-year increase of 12.7%. 

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