Windhoek:Namibia has experienced a significant rise in vehicle sales, recording 12,254 new vehicle sales between January and September 2026. This marks a 12.4 percent increase compared to the same period last year, as reported by Bank Windhoek.
According to Namibia Press Agency , these figures were revealed during the 2026 Bank Windhoek Vehicle and Asset Finance Selekt Sales Awards held in Windhoek. At the event, 36 awards across 14 categories were presented to vehicle dealerships, sales professionals, and finance and insurance specialists. The ceremony also included the launch of Bank Windhoek's new vehicle and asset finance campaign, titled 'For Everything It Will Carry'.
Pupkewitz Motor Division received the Gold award in the National Vehicle Dealer category, while Indongo Toyota won Gold in the Franchise Dealer Award for new vehicles in Windhoek. Other notable winners included Henred Fruehauf Trailers Namibia, recognized as the Commercial Vehicle Dealer of the Year for Trucks and Trailers, and Simon Motors, trading as Mariental Toyota, which received the Top Performing Fleet Dealer Award.
Bank Windhoek's Executive Officer for Retail Banking Services, Leon Koch, emphasized the importance of dealership partners in the industry's growth and acknowledged the financial challenges faced by customers. Transport inflation stood at 14.9 percent in September, with fuel prices approximately 30 percent higher than the previous year. Koch noted that responsible lending supports sustainable growth, stressing the importance of helping customers choose vehicles that fit their budgets, including fuel, insurance, and maintenance costs.
The bank reported that September alone saw 1,498 new vehicle sales, a 14.9 percent increase compared to the same month last year, with total sales over the past 12 months reaching 15,901 units, the highest level since 2016. Commercial vehicle sales rose by 14.8 percent year to date, with heavy commercial sales reaching a record 667 units.
Koch expressed enthusiasm for implementing the new campaign with dealership partners in the coming months and reaffirmed the bank's commitment to simplifying and making vehicle financing more accessible, supported by clear and responsible financial advice.