Vehicle registrations reach 10-year low

Wednesday, September 14, 2022 | 2810 Views |

On the move: Used vehicles comprise the majority of first time registrations, as recorded by Statistics Botswana

Statistics Botswana figures indicate that first time registrations of vehicles reached 7,727 between April and June this year, which, excluding the pandemic period, represents the lowest quarterly figure in more than ten years.

First time vehicle registrations include brand new, second hand and rebuilt vehicles and are an indicator of trends in vehicle uptake in the local market.

The figure for the second quarter came off another low of 7,974 recorded in the first quarter, compared to an average of more than 10,000 per quarter in 2021.

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Vehicle registrations reach 10-year low

Statistics Botswana figures indicate that first time registrations of vehicles reached 7,727 between April and June this year, which, excluding the pandemic period, represents the lowest quarterly figure in more than ten years.