Vehicle Sales Note December 2023
Dec ’23 total vehicle sales declined by 11.7% y/y and 28.2% m/m with 841 units sold. The Toyota Hilux remains the highest selling vehicle overall with 196 units sold. Passenger vehicles slumped by 15.5% in y/y sales with m/m sales declining by 25.0%, while commercial vehicles also declined by 7.4% y/y and 31.2% m/m. Total annual sales for the full year, however, increased by 17.0% with 12,775 units sold in ’23 compared to 10,919 units in ’22.
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