Market News
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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. . .Incentives to attract investment in Kenya's automotive industry
Posted on :Monday , 3rd October 2016
Kenya's removal of excise duty on locally assembled cars will boost the industry, but the government must make power supplies cheaper and address other concerns to draw more investment, the automobile industry association chief said on Thursday.
With little growth in mature markets, automakers are looking to tap into emerging African markets, but there is plen. . .Please Select an Option
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