Author Topic: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m  (Read 2546 times)

Offline gout

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Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
« 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
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline Mintos

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Re: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
« Reply #1 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? 

Offline gout

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Re: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
« Reply #2 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
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline Mr Mansfield.

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Re: Meanwhile 82 Porsches & 53 Mercs sold in 5 months ..10-14m
« Reply #3 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.