Kenya new car sales plunge 15% in 2023 on new taxes, weaker currency [Reuters]
ISUZU MOTORS UNSP/ADR (ISUZY)
NASDAQ:AMEX Investor Relations:
isuzu.co.jp/world/investor/index.html
Company Research
Source: Reuters
Although the East African nation's car market is dominated by used imports from Japan, it has been attracting investments from global car makers such as Volkswagen (VOWG_p.DE) , opens new tab in recent years, buoyed by the government's attempts to boost local assembly of vehicles. Individuals and businesses bought 11,370 units last year, the Kenya Motor Industry Association said in data seen by Reuters on Friday, down from 13,352 units sold in 2022. The sales were affected by drought locally in the first quarter, which cut demand from farmers, and supply chain disruptions internationally due to a global shortage of semiconductors, said Isuzu East Africa, a leading car dealer. The business was then hit by political protests in the second quarter, and new taxes that were introduced by the government in July, Isuzu said. "High inflation and the depreciating shilling affected the prices of products and increased production costs," the company said. Reporting by Duncan Miriri; E
Show less
Read more
Impact Snapshot
Event Time:
ISUZY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ISUZY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ISUZY alerts
High impacting ISUZU MOTORS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ISUZY
News
- Toyota trials EV pickups in Thailand [Yahoo! Finance]Yahoo! Finance
- Toyota pilots EV pickup trucks in key Thai market [Yahoo! Finance]Yahoo! Finance
- Toyota pilots EV pickup trucks in key Thai market [Reuters]Reuters
- 2024 Craft Beer Marketing Awards' "Crushie" Winners Announced LIVE on Facebook [Yahoo! Finance]Yahoo! Finance
- Isuzu Motors Limited Drives Forward with Anaqua as Intellectual Property Management Provider [Yahoo! Finance]Yahoo! Finance