Market News

VW, BMW, Ford, Nissan seek Africa car-industry fixes
VW, BMW, Ford, Nissan seek Africa car-industry fixes
26 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, w . . .

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Ford, Nissan lead effort to further develop industry in Africa
Ford, Nissan lead effort to further develop industry in Africa
25 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 Afri . . .

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High visibility in the heart of Africa
High visibility in the heart of Africa
20 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 t . . .

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Iconic Ford Mustang Ponies Up In Kenya�s Right-Hand-Drive Market
Iconic Ford Mustang Ponies Up In Kenya�s Right-Hand-Drive Market
19 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 ha . . .

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Incentives to attract investment in Kenya's automotive industry
Incentives to attract investment in Kenya's automotive industry
3 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, a . . .

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