Market News | AUTOEXPO Ethiopia 2021

Market News

  • Future Boost for Domestic Automobile Assemblers in Ethiopia

    Posted on :Wednesday , 7th October 2020

    Prime Minister Abiy Ahmed's leadership said to take unprecedented measures in formulating conducive business climate for automotive industry thereby enhancing the capacity of domestic car assembling firms and putting the import substitution strategy in a good shape.

    Speaking to The Ethiopian Herald, Founding CEO and Managing-Director of a local automotive firm, Marathon Motor Engineering. . .

  • Marathon Motors launches three new locally assembled Hyundai models

    Posted on :Friday , 31st January 2020

    Established just about a decade ago, as importers and distributors of Hyundai passenger and commercial vehicles and parts in Ethiopia, Marathon imports around 500 to 600 cars each year and presently has the capacity to assemble 10,000 cars annually and introduce 12 new models.

    Marathon Motors is not the only single assembler of South Korean made vehicles in Ethiopia. There are overall 19. . .

  • A-MAP Launches Promotional Campaign In Ethiopia To Promote ASIMCO Auto Parts

    Posted on :Monday , 4th November 2019

    A-MAP has promoted an extensive advertising and marketing campaign to promote ASIMCO automotive spare parts in the Ethiopian market. with the aim to further boost the reputation and scope of ASIMCO auto parts in Ethiopia, Al Muqarram Auto Parts (A-MAP) has launched advancing promotional campaign in Ethiopia. 

    Ethiopia is one of Africa's fastest growing economies and has the continen. . .

  • HARTEC S.A.L Will Make Their Debut At 03rd Autoexpo Ethiopia 2020

    Posted on :Tuesday , 5th November 2019

    HATCO is one of the most prominent wheel balancing weights and tire repair brand around the world. In fact, the brand is well known across the Americas, Europe, Australia, the Middle East, Africa and Asia.

     

    HARTEC S.A.L, a company established in Lebanon on July 2018 under Commercial Registration number 2053676, acquired HATCO and its rich tradition engulfed with 35 years of ex. . .

  • African Car Sales Experiences An Exceptional Raise

    Posted on :Wednesday , 29th May 2019

    A struggling economy, political uncertainty, fragile consumer confidence, mounting pressure on disposable income, and diminished purchasing power as a result of higher interest rates and fuel price hikes, have all taken their toll on domestic new vehicle sales in South Africa. However, it’s not all doom and gloom for the automotive sector. According to the latest new vehicle sales statist. . .

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