New vehicles sales in Malawi were recorded at 1,663 units in 2015 making the country the smallest market for vehicles in the world, according to a recent research report by an international vehicle sales website Focus2Move.<\/p>\n
The report released this week, however, shows that new vehicle sales in Malawi increased by 4.8 percent in 2015 and that Malawi is dominated by pick-ups, and Toyota is leader handling over the half of total market.<\/p>\n
Quoting data from Malawi\u2019s Association of Car Importers, Focus2Move says in 2015 Toyota sold 862 vehicles or 51.8 percent of total market followed by Ford, thanks to the pick-up Ranger, with 227 sales while the third was Nissan, with 166 units.<\/p>\n
Stansfield Motors Malawi general manager, Michael Khomani recently estimated Malawi\u2019s truck vehicle market at about 100 or 150 units a year but said there was great potential in the country, especially with projected medium term growth in telecommunications, sugar and agriculture as well as the petroleum industry.<\/p>\n
\u201cAnd we know that with the hardships in our economy, some customers have resorted to buying used trucks,\u201d said Khomani.<\/p>\n
Malawi\u2019s car market is dominated by second-hand imported vehicles according to recent data from the Directorate of Road Traffic and Safety Services (DRTSS) indicating that about 3,000 used cars enter the country annually.<\/p>\n","protected":false},"excerpt":{"rendered":"
New vehicles sales in Malawi were recorded at 1,663 units in 2015 making the country the smallest market for vehicles in the world, according to a recent research report by an international vehicle sales website Focus2Move. The report released this week, however, shows that new vehicle sales in Malawi increased by 4.8 percent in 2015 […]<\/p>\n","protected":false},"author":3,"featured_media":21706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-21711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/21711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=21711"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/21711\/revisions"}],"predecessor-version":[{"id":21712,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/21711\/revisions\/21712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/21706"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=21711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=21711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=21711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}