Market News

  • Nissan to Launch 7 New Models in Africa to Enhance Growth

    Posted on :Wednesday , 15th July 2020

    Nissan Motor Co aims to launch seven new models in Africa over the next two years, company executives said last month, as the Japanese automaker seeks to focus on high-growth markets to try to weather the impact of the COVID-19 situation.
     

    The company released a plan last month to cut the number of models it makes globally and improve efficiency after the pandemic brought about i. . .

  • Mahindra launches locally assembled Scorpio pick-up vehicle in Kenya

    Posted on :Tuesday , 10th March 2020

    Mahindra & Mahindra (M&M) through a partnership with Simba Corporation, which is a prominent commercial organization in Kenya, dealing in motor vehicle sales and service, recently declared the launch of its locally assembled Scorpio pick-up vehicle in Kenya. 

    M&M mentioned in a statement that the introduction of locally assembled pick-ups that are custom built for the Ke. . .

  • Deere taps tractor-hailing tech in bid to break ground in Africa

    Posted on :Monday , 9th March 2020

    It's ride-hailing, farm style. Deere & Co. is pairing up with the "Uber of tractors" in Africa and betting on a prospect where farmers summon machines with the touch of a button.

    The world's leading farm equipment manufacturer is supplying its tractors with startup Hello Tractor's technology, which permits farmers to hail the machines through an app. It also monitors the vehicles' ac. . .

  • Toyota Kenya to add more car models to local assembly line

    Posted on :Monday , 2nd March 2020

    Toyota Kenya aims to add new models to their local assembly line. The motor vehicle manufacturer already assembles Land Cruiser pick-up trucks, Toyota Hilux locally and Hino trucks.

    The Managing Director of Toyota Kenya Limited, Mr Arvinder Reel said that they plan to present the new models from April to June, as they target to make it easier for Kenyans to purchase more first-hand cars.. . .

  • ISUZU MOTORS SA TO EXPORT PICK-UP KITS TO AFFILIATE FACILITY IN KENYA

    Posted on :Monday , 17th February 2020

    Isuzu Motors South Africa in Port Elizabeth, a subsidiary of Isuzu Motors Limited, which, in turn, is a majority shareholder of Isuzu East Africa, has announced that they have started to export Isuzu D-MAX pick-up kits in knocked down (KD) format to an associate manufacturing facility in Kenya.

    This is the first in a sequence of initiatives that will pursue to drive Isuzu strategy to boo. . .

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