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Vehicle Sales Note January 2024

Vehicle Sales Note January 2024

New vehicle sales were off to a strong start for the year with Jan '24 sales up 19.0% y/y and 13.0% m/m to total 950 units. Commercial vehicle sales increased 45.5% y/y (+15.7% m/m), largely due to the Toyota Hilux's popularity once again with 233 units sold. Passenger vehicle sales rose 0.4% y/y and 10.3% m/m. Among the total sales include 41 rental units.

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