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Home namibia

Namibia’s new vehicle sales rise 12.4% in July

by reporter
August 15, 2025
in namibia
7
A A

Namibia sold 1,309 new vehicles in July 2025, up 12.4% from 1,165 units in July 2024, according to IJG Securities. Sales were down just 0.3% from June.

Year-to-date sales rose 10.6% to 8,279 units compared to the same period last year. Passenger vehicles made up 46.6% of July’s sales (610 units), while commercial vehicles accounted for 53.4% (699 units).

“Despite a small monthly drop in passenger vehicle sales, the year-to-date growth remains strong, reflecting continued consumer demand,” IJG Securities said.

Commercial vehicle sales grew 3.2% month-on-month and 15.2% year-on-year, led by light commercial units. Medium commercial sales rose 4.2%, while heavy commercial sales jumped 80.6%.

 “The commercial segment’s steady growth since September 2024 highlights ongoing confidence from business buyers,” the report noted.

Toyota led the market with 52% of passenger sales, 72.5% in light commercial, and 30.6% in medium commercial vehicles. Scania topped heavy and extra-heavy sales with a 29.3% share.

On a 12-month cumulative basis, total sales reached 13,601 units by July 2025, a 9.2% rise from last year, extending the growth trend since January 2021.

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