Market News | AUTOEXPO Kenya 2017

Market News

  • Industry Experts, Top Professionals from Over 30 Countries to Convene at AUTOEXPO AFRICA 2017

    Posted on :Monday , 23rd January 2017

    Kenya’s GDP per capita is expected to grow at a remarkable compounded annual growth rate of 7.5% between 2000 and 2020 which is expected to drive an increase in personal consumption and sale of motor vehicles. The purchase of cars, motorbikes and other commercial vehicles accounted for 1.5% of total consumer expenditure last year and is expected to steadily grow till 2025 as incomes conti. . .

  • Kenya: Four Locomotives Arrive at Mombasa Port

    Posted on :Thursday , 12th January 2017

     Four locomotives and two Shatners (railway engines) arrived at the port of Mombasa on Monday as the Sh372 billion Standard Gauge Railway takes shape.

    Volkswagen Rolls Into Kenya, Rwanda As Part of Africa Expansion

    Posted on :Thursday , 22nd December 2016

    NAIROBI: Volkswagen on Wednesday opened a new assembly plant in Kenya and launched plans for a ride-sharing service in Rwanda as it seeks to take advantage of surging car demand in Africa.

    The German car manufacturer's move into East Africa comes just weeks after it signed a deal to build an assembly plant in Algeria.
     
    "Overall car sales in Africa ar. . .

  • motorcycle assembly in East Africa

    Posted on :Wednesday , 7th December 2016

     East African countries are closer to an agreement that could boost motorcycle assembly in the region. The EAC Secretariat has appointed a team of experts from each member state to develop a proposal that will promote value addition and motorcycle assembly in the region.

  • Motorcycle service in Kenya

    Posted on :Tuesday , 6th December 2016

     Online taxi hailing app Mondo Ride has launched a service that allows its customers to request for motorcycles, seeking to cash in on their growing popularity due to their ability to manoeuvre through traffic.

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