Market News
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Mobius Motors to deliver Africa�s cheapest car
Posted on :Friday , 6th November 2015
Nairobi-based Mobius Motors recently announced and started pre-selling its Mobius II model, which will offer drivers a highly robust vehicle capable of tackling Africa’s rough rural terrain and will, importantly, be the most affordable SUV on the market, selling for around US$11,000 (other new models usually sell for about US$23,000). It achieves this price by offering a simplified . . .
Aisin Original Parts Manufacturer Enters Nigeria Market
Posted on :Thursday , 5th November 2015
Aisin, world renowned original auto equipment manufacturers, OM, has introduced its range of products into the Nigerian market with a mission to rid the nation's auto market of fake vehicle spare parts, and promote safe driving culture in the country.
Aisin is a world leading auto spare parts supplier to renowned automobile manufacturing companies across the world, . . .Peugeot car manufacturing plant in Africa nears completion
Posted on :Friday , 30th October 2015
The construction of Peugeot car manufacturing plant in Algeria is almost complete and is set to be commissioned, minister for Industry and Mines Abdessalem Bouchouareb has announced.
Speaking in French capital Paris, Abdessalem said that once completed the shareholders pact will be signed.“It is nearly finalized as t. . .Plans to boost Transport infrastructure in Africa in top gear
Posted on :Tuesday , 27th October 2015
Plans for the construction of infrastructure in Egypt is in top gear after the Transport Minister Saad el Gioushi and head of the Arab Organization for Industrialization (AOI) Abdel Aziz Seif met with the president over the weekend to discuss the same.
According to the Presidential spokesman Alaa Youssef the minister for transport during the meeting reviewed v. . .Industry Trend Analysis - East Africa\'s Automotive Investment
Posted on :Monday , 26th October 2015
Having unveiled its newly developed hybrid electric sedan, the Kiira EV SMACK, Kiira Motors Corporation (KMC) is currently seeking to raise USD350mn worth of investment to establish a new vehicle assembly plant in Jinja Industrial and Business Park in Uganda. If the necessary investment funds can be secured, the automaker has stated that production will begin in mid-2018 with a planned ca. . .
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