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Nairobi Business Monthly
Home»Briefing»Why registration of new vehicles has taken a hit
Briefing

Why registration of new vehicles has taken a hit

NBM CORRESPONDENTBy NBM CORRESPONDENT9th March 2021Updated:9th March 2021No Comments2 Mins Read
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Following a tough 2020 that saw many industries and the economy as whole come to a near halt, the registration of new vehicles in the country decreased as a result of the effects of the COVID-19 pandemic.

According to data from the Kenya National Bureau of Statistics, the number of new vehicles registrations in the first eleven months of 2020 declined by 5% from 302,085 in the corresponding period in 2019 to 287,151. The new vehicle registrations included saloon cars, station wagons, vans, buses, pickups, minibuses, lorries, trailers, motorcycles, three wheelers, and wheeled tractors.

The month of April recorded the lowest number of vehicle registrations because it was the month after the country started its lockdown, which saw movement and expenditure almost come to a full halt. The number in April stood at 9,249. On the other hand, the highest number of vehicle registration was recorded in October at 39,509. With car sales taking a hit, motorcycle registration took a big part of the pie as they made up 70% of all new registrations in 2020.

The Nairobi Law Monthly September Edition

On the other hand, the number of minibuses and buses registered by the National Transport and Safety Authority in the first eleven months of 2020 stood at 762 and 791 respectively. This was a reduction as in the same period of the previous year the number of registered minibuses and buses stood at 1735 and 1203.  

The Nairobi Law Monthly September Edition
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The Nairobi Law Monthly September Edition
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