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Forum => Kenya Discussion => Topic started by: gout on November 13, 2014, 01:43:29 PM

Title: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
Post by: gout on November 13, 2014, 01:43:29 PM

that's a billion in five months .... mostly money obtained from productive sectors in Kenya (can't discount corruption) ..... supposing it went to Mobius, KMA.or Kira..

http://www.businessdailyafrica.com/Corporate-News/Porsche-pulls-ahead-of-Mercedes-in-sales-/-/539550/2519220/-/aq95e2/-/index.html

Title: Re: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
Post by: Mintos on November 13, 2014, 06:36:56 PM

kenyans like new things bwana.

We are used to mercs, range rovers, bimas, etc. Porsche is new. Give it 2 yrs and see if the figures will be the same in 2016.
If Nissan brings in their luxury Infiniti q70 & q80 models, it will definitely chapa kina Porsche who's leading now.

Remember when Jaguar launched in 2011 and it beat both merc and bima? 

Title: Re: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
Post by: gout on January 14, 2015, 09:30:37 AM

what is the middle class economic activities..... how  profitable is hawking Chinese products? what other economic activities  which can be upscaled to hundred thousands  or even millions are we engaging in?

looks like only a few Kenyans have access to (serikali) serious monies? less than 20,000; the rest have to do with mtumba cars or what does this mean?

Quote

Data from the Kenya Motor Industry Association (KMI) shows that new vehicle dealers sold 17,499 units in 2014, marking a new high since the liberalization of the local motor trade in the 1990s that allowed for import of used cars.

The number of units sold last year is 20.3 per cent more than the previous peak of 14,542 units recorded in 2013.

http://www.businessdailyafrica.com/Corporate-News/New-car-sales-hit-record-high-on-rising-demand/-/539550/2588482/-/item/1/-/iokm0wz/-/index.html

Title: Re: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
Post by: Mr Mansfield. on January 14, 2015, 10:45:29 AM

Luxury-Over 10K dollar millionaires,

Middle class-Imports are cheap + high interest rates (compare with west)

Business-New locally produced vehicles,mostly commercial,

Without Prejudice.