Market News

  • Ethiopia: Ministry Says Govt Committed to Develop Automotive Industry

    Posted on :Saturday , 24th September 2016

     The Ministry of Industry said that though the metal and engineering industry is at infant stage, it is playing crucial role in building the country's economy and advancing the technological capability of the nation.

     
    Speaking at the signing of automotive assembly partnership agreement between the local Belay Ab Motors Plc. and the Korean Car Manufacturing Compa. . .

  • RMA Motors named super brand after three years in market

    Posted on :Wednesday , 14th September 2016

     RMA Motors Kenya has been named one of East Africa's 53 heavyweight brands as it approaches its third year operating in the region. "We have the leading premium brand in the country over Mercedes and Porshe. One out of every three luxury cars on the road is ours," RMA Motors Kenya CEO Sanjiv Shah said.

     
    The Superbrands rankings will feature the First . . .

  • Volkswagen Will Start Making Cars in Kenya Again After 40 Years

    Posted on :Tuesday , 13th September 2016

     Volkswagen will resume producing cars in Kenya by the end of the year as it looks to sell more vehicles across the East African region.

     
    After a four decade pause in production by the German carmaker in Kenya, VW will establish an assembly plant to initially produce its Vivo model, President Uhuru Kenyatta and Thomas Schafer, Volkswagen South Africa’s chi. . .

  • Volkswagen to start assembling cars in Kenya

    Posted on :Thursday , 8th September 2016

     Volkswagen has signed a deal to use the Kenya Vehicle Manufacturers in Thika to assemble its popular models beginning with the Volkswagen Vivo.

     
    The first fully Kenya assembled Vivo is expected to roll out of the Thika plant by December this year.
     
    Making the announcement Wednesday, President Uhuru Kenyatta said the plant will then. . .

  • Local Vehicle Assembly to restart with Renault introducing its first cheap locally assembled vehicle

    Posted on :Thursday , 8th September 2016

     Local assembly of motor vehicles has received a big boost after Volkswagen South Africa signed a deal with the government, to assemble vehicles in Thika. The deal will see Volkswagen use the Kenya vehicle manufacturer’s facility in Thika to assemble popular models beginning with the Volkswagen vivo.

    The first fully Kenya assembled vivo is expected to roll out of the Thika pl. . .

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