Market Share of Ethiopia Used Car Industry
Ethiopia's Used Car Market is dominated by several key players, including Megebeya.com, Cars 2 Africa, Proxima Auto Car Dealer, Nyala Motors, Ultimate Motors, and others. Rising adoption of various growth strategies, such as expansion, partnerships, etc., to improve their presence and revenue shares in the market. For instance,
In July 2023, the Ethiopian government introduced used car import duties and taxes in the country. The government imposed a high tax on imported vehicles.
In November 2022, Green Tech Ethiopia expanded its dealership network in Ethiopia. Green Tech is one of the second to officially enter the electric cars market in the country.
Ethiopia Used Car Market Leaders
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Megebeya.com
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Cars 2 Africa
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Proxima Auto Car Dealer.
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Nyala Motors
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Ultimate Motors
*Disclaimer: Major Players sorted in no particular order
