By BRIAN NGUGIMore by this AuthorThe political uncertainty that characterised this year’s General Election failed to apply brakes on used car imports from Japan. A total of 44,659 units were imported in 2012, 39,248 (2011), 50,749 units (2010), 44,699 units (2009) and 40,546 units in 2008. “The performance is better than what we would have expected,” Stella Koech, Kenya country manager for JPC Trade, a Tokyo-based used car dealer, told Smart Company in an interview. Kenya’s car market is dominated by low-priced used imports from countries such as Japan. The new law took effect on December 1, 2015 when used vehicle imports from Japan to Kenya dropped to 1,962 units compared to 7,591 in November as dealers rushed to escape the new taxes.
Source: Daily Nation December 18, 2017 21:45 UTC