Car & General sees revival in boda boda sales after 2024 slump

NAIROBI, Kenya, July 8 – Automotive and equipment distributor Car and General has reported a recovery in its boda boda sales following a slump in 2024. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Car & General is experiencing a recovery in boda boda sales following a decline in 2024, attributed to improved financial behavior and a stable economic environment.
- 2.2 million licensed boda boda riders in Kenya contribute approximately Sh1 billion daily to the economy.
- The company's General Manager, George Rubiri, noted that repossessing motorcycles during the pandemic led to a temporary slowdown in sales.
- The resurgence is bolstered by diverse financing options and macroeconomic improvements, despite challenges from market oversupply and new brand influx.
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