Surging vehicle sales mask fuel, interest rate pressures… domestic market ends Q3 on strong footing up 15% annually
Namibia’s new vehicle market closed the third quarter on a strong footing, but rising fuel costs, the prospect of higher interest rates and declining rental fleet purchases threaten to test the sustainability of the recovery in the months ahead. According to Simonis Storm Securities’ Namibia Vehicle Sales: September 2026 Report, released on 15 October, new... The post Surging vehicle sales mask fuel, interest rate pressures… domestic market ends Q3 on strong footing up 15% annually appeared firs
Namibia’s new vehicle market closed the third quarter on a strong footing, but rising fuel costs, the prospect of higher interest rates and declining rental fleet purchases threaten to test the sustainability of the recovery in the months ahead. According to Simonis Storm Securities’ Namibia Vehicle Sales: September 2026 Report, released on 15 October, new vehicle registrations rose 14.9% year on year to 1 498 units in September, up from 1 304 a year earlier.
