Market News

  • AAM intensifies efforts on auto sector development in Africa

    Posted on :Thursday , 3rd November 2016

     Following a visit to Nigeria to advocate for a robust automotive sector, the African Association of Automotive Manufacturers, that includes Ford Motor Co., Nissan Motor Co., Toyota Motor Corp., General Motors, BMW AG and Volkswagen AG, the carmakers led other executives to Kenya to rise an auto-manufacturing attention.

     
    While most the requests the association m. . .

  • VW, BMW, Ford, Nissan seek Africa car-industry fixes

    Posted on :Wednesday , 26th October 2016

     Volkswagen, BMW, Ford and Nissan are among automakers seeking to work with Kenyan authorities to develop an auto-manufacturing industry in the east African country, building on talks with Nigerian lawmakers about their own market.

     
    The African Association of Automotive Manufacturers, which also includes Toyota Motor Corp. and General Motors, has formed to take . . .

  • Ford, Nissan lead effort to further develop industry in Africa

    Posted on :Tuesday , 25th October 2016

     LAGOS, Nigeria -- A group of carmakers led by executives from Ford Motor Co. and Nissan Motor Co. will seek to work with Kenyan authorities to develop an auto-manufacturing industry in the east African country, building on talks with Nigerian lawmakers about their own market.

     
    The African Association of Automotive Manufacturers, which also includes Toyota Motor. . .

  • High visibility in the heart of Africa

    Posted on :Thursday , 20th October 2016

     Vice President M. Hamid Ansari’s tour of West Africa in end September, his second in five months, took him to Nigeria and Mali. His previous tour of North Africa covered Morocco and Tunisia. The latest tour may not have excited the national media, but it is imbued with significance for three reasons.

     
    First, it marked the end of over a year – from M. . .

  • Iconic Ford Mustang Ponies Up In Kenya�s Right-Hand-Drive Market

    Posted on :Wednesday , 19th October 2016

     Kenya is the second country in Africa after South Africa where Ford Mustangs will be available now that Ford has begun producing a right-hand drive version at its assembly plant in Flat Rock, Michigan, U.S.A.

     
    Mark Kass, CEO of CMC Motors,  said competition in the auto industry had become stiff and the Mustang is expected to position the dealership favorab. . .

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