{"id":3524,"date":"2021-10-16T14:54:02","date_gmt":"2021-10-16T14:54:02","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative"},"modified":"2021-10-16T15:08:00","modified_gmt":"2021-10-16T15:08:00","slug":"namibias-new-vehicles-sales-likely-to-remain-flat-to-negative","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative","title":{"rendered":"Namibia\u2019s new vehicles sales likely to remain flat to negative"},"content":{"rendered":"

Africa-Press<\/a> – Namibia<\/a>. <\/strong><\/span>Namibia\u2019s new vehicles sales will remain flat to negative, until import and delivery of new vehicles normalize, according to investment research firm, Simonis Storm Securities (SSS) on Friday.<\/p>\n

The investment research firm said this in analysis, following statistics released by the National Association of Automobile Manufacturers, which revealed that Namibia\u2019s new vehicle sales decreased by 12.2 percent year on year in September 2021, compared to a growth of 30.2 percent year on year in August 2021.<\/p>\n

\u201cThe constrained supply of vehicles being imported will likely persist for the next couple of months. Depending on each consumer\u2019s needs, we might see further shifts from the first-hand to the second-hand vehicle market as a result of delayed import deliveries,\u201d the research firm said.<\/p>\n

Analysts at SSS said certain brands have alluded to losing customers to the second-hand and this is set to continue to support the second-hand vehicle market, in which an increase in demand has been observed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Namibia\u2019s new vehicles sales will remain flat to negative, until import and delivery of new vehicles normalize, according to investment research firm, Simonis Storm Securities (SSS) on Friday. The investment research firm said this in analysis, following statistics released by the National Association of Automobile Manufacturers, which revealed that Namibia\u2019s new vehicle […]<\/p>\n","protected":false},"author":84,"featured_media":3523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233,1654,1655],"class_list":["post-3524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia","tag-negative","tag-vehicles"],"yoast_head":"\nNamibia\u2019s new vehicles sales likely to remain flat to negative - Namibia<\/title>\n<meta name=\"description\" content=\"Namibia\u2019s new vehicles sales will remain flat to negative, until import and delivery of new vehicles normalize, accordin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namibia\u2019s new vehicles sales likely to remain flat to negative\" \/>\n<meta property=\"og:description\" content=\"Namibia\u2019s new vehicles sales will remain flat to negative, until import and delivery of new vehicles normalize, accordin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-16T14:54:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-16T15:08:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/10\/img-616aeab925350.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namibia\u2019s new vehicles sales likely to remain flat to negative\",\"datePublished\":\"2021-10-16T14:54:02+00:00\",\"dateModified\":\"2021-10-16T15:08:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative\"},\"wordCount\":169,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/10\/img-616aeab925350.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\",\"negative\",\"vehicles\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibias-new-vehicles-sales-likely-to-remain-flat-to-negative\",\"name\":\"Namibia\u2019s new vehicles sales likely to remain flat to negative - 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