• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 10, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Market

Japanese, Chinese carmakers dominate Namibia’s new vehicle sales

by reporter
May 23, 2025
in Market
50
A A
60
SHARES
1k
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Japanese and Chinese brands led Namibia’s passenger vehicle market in April 2025, with Toyota maintaining a commanding presence and emerging Chinese models steadily gaining ground.

You might also like

O&L to launch new Namibian retail brand ‘Model’ on 1 July 2025

Namport handles 254,000 containers, up 33% despite fewer vessel calls

Namibia imports N$136 million citrus planting materials annually

Simonis Storm junior economist Almandro Jansen says sales figures reflect changing buyer preferences and a growing emphasis on affordability and practicality.

“An analysis of vehicle sales by country of origin highlights a clear preference among Namibian consumers for Japanese and Chinese brands, with Japanese manufacturers maintaining a dominant lead in the passenger vehicle segment,” Jansen said.

Japanese vehicles made up 62.1% of total sales, with 772 units sold. Toyota accounted for 683 of these, equal to 54.9% of the market.

“This performance underscores strong brand loyalty and trust, particularly in Toyota, which alone contributed 683 units and captured 54.9% of the total market, Toyota’s sustained success reflects its reputation for reliability, affordability, and long-term value” Jansen said.

Chinese manufacturers followed with a 9.8% share, or 122 vehicles sold. Haval led the group with 31 units, while newer players like Jaecoo, Omoda, and Jetour are seeing early traction.

“These brands are benefitting from attractive pricing, contemporary styling, and increasing dealership support, particularly in after-sales service, positioning them to expand their footprint further,” he said.

U.S. brands, mostly driven by Ford, recorded 66 units, making up 5.3% of sales. South Korean manufacturers sold 49 vehicles (3.9%), holding steady in the entry-level and mid-range segments.

Meanwhile, German automakers posted the lowest figures at 33 units (2.65%). While known for quality and engineering, Jansen said rising prices are narrowing their appeal.

“Brands such as Volkswagen and Mercedes-Benz continue to enjoy brand prestige and engineering excellence, but rising affordability concerns are eroding their competitive edge in a market increasingly prioritising value over luxury,” he noted.

Jansen said the data points to a broader consumer shift as Namibia’s passenger vehicle landscape reflects a broader shift in consumer priorities where affordability, fuel efficiency, and practicality are beginning to outweigh traditional preferences for prestige and performance.

He noted that this creates opportunities for industry players to rethink their offerings.

“This evolution presents new opportunities for local dealerships, financiers, and service providers to adapt their offerings in line with shifting consumer expectations focusing more on cost-conscious packages, servicing support, and competitive financing models tailored to the growing mid-tier vehicle segment,” Jansen said.

author avatar
reporter
See Full Bio
Tags: economynamibiasales
Share24Tweet15Share4
Previous Post

Disrespect closes doors that apologies can’t open

Next Post

Inside Immigration: Namibia online Visa-on-Arrival program

Recommended For You

O&L to launch new Namibian retail brand ‘Model’ on 1 July 2025

by reporter
June 26, 2025
0
O&L to launch new Namibian retail brand ‘Model’ on 1 July 2025

The Ohlthaver & List (O&L) Group will launch its new retail brand, Model, on 1 July 2025, marking the end of its 27-year franchise agreement with Pick n...

Read moreDetails

Namport handles 254,000 containers, up 33% despite fewer vessel calls

by reporter
June 3, 2025
0
Namport handles 254,000 containers, up 33% despite fewer vessel calls

The Namibian Ports Authority (Namport) handled 253,996 twenty-foot equivalent units (TEUs) in the financial year ending 31 March 2025, a 33% increase from the previous year. The growth,...

Read moreDetails

Namibia imports N$136 million citrus planting materials annually

by reporter
May 16, 2025
0
Namibia imports N$136 million citrus planting materials annually

The Namibian Agronomic Board (NAB) has revealed that the country imports over N$136 million worth of citrus planting materials annually, despite being the third most consumed fruit nationally....

Read moreDetails

NSX local trading value doubles to N$124 million in Q4

by editor
April 3, 2025
0
NSX local trading value doubles to N$124 million in Q4

The value of shares traded on the Namibia Securities Exchange (NSX) Local Index surged to N$124 million in the fourth quarter of 2024, doubling from N$60 million in...

Read moreDetails

NSX records lowest trading volume since 2012, with N$4.2 billion traded

by editor
September 4, 2024
0
NSX records lowest trading volume since 2012, with N$4.2 billion traded

The Namibian Stock Exchange (NSX) recorded its lowest year-to-date (YTD) trading volume since 2012, with a total of N$4.2 billion traded across both local and dual-listed equities during the...

Read moreDetails
Next Post
Inside Immigration: Namibia online Visa-on-Arrival program

Inside Immigration: Namibia online Visa-on-Arrival program

Related News

Women and Agriculture Summit highlights urgent need for gender equality and innovation

Women and Agriculture Summit highlights urgent need for gender equality and innovation

October 2, 2023
NWR wins PMR Award for Conservation and Tourism

NWR wins PMR Award for Conservation and Tourism

March 2, 2023
Tumas project to cost Deep Yellow N$6bn

Tumas project to cost Deep Yellow N$6bn

December 12, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.