Market News

Ford to begin assembly of Ranger pickup trucks in Nigeria
Ford to begin assembly of Ranger pickup trucks in Nigeria
21 August 2015

Ford Motor Company has announced that it will begin assembly of the Ford Ranger pickup truck in Nigeria from Q4 2015 as part of its expansion plans for the Middle East and Africa The pickup will be assembled in Ikeja, situated in Lagos State. For the project, Ford is partnering with its dealer gr . . .

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Tata Motors owned JLR continues to bet big on Middle East and North Africa
Tata Motors owned JLR continues to bet big on Middle East and North Africa
17 August 2015

Bruce Robertson, managing director for the MENA region for Jaguar Land Rover (JLR) said that the company will invest in Middle East and North Africa (MENA). "We are going to continue to grow and we remain firmly committed to the Middle East and North Africa.Our dealerships will rise fr . . .

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Nissan to announce production plans for Rosslyn plant by end - 2015
Nissan to announce production plans for Rosslyn plant by end - 2015
17 August 2015

Nissan South Africa (SA) would make an announcement on the production of new models at its Rosslyn plant, near Pretoria, by the end of the year, said Nissan SA MD Mike Whitfield on Tuesday. Print Send to Friend 0 0 Speaking at a media dinner in Johannesburg, he noted that he expected the announcemen . . .

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New-car price increases boosting SA used-car market
New-car price increases boosting SA used-car market
17 August 2015

Around 174 000 used cars have been financed in South Africa in the first seven months of 2015, says Absa Vehicle and Asset Finance managing executive Wessel Steffens. Print Send to Friend 2 0 This is 5.35% lower than the number of used cars financed for the same period in 2014 (183 563 units), and 1 . . .

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Kenya Sets Pace As East Africa Vehicle Market Grows
Kenya Sets Pace As East Africa Vehicle Market Grows
17 August 2015

NAIROBI – Rising demand for commercial vehicles and luxury cars pushed new and used motor-vehicle registrations in Kenya to nearly 100,000 units last year, according to the Kenya National Bureau of Statistics. Reporting in the agency’s 2015 economic survey, director general Zachary Mwan . . .

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