Market News

  • Africa Automotive Sensors Market grows

    Posted on :Thursday , 2nd July 2015

    DUBLIN - The Middle East & Africa automotive sensors market is expected to increase to $1.45 billion by 2018 at a CAGR of 6.08% over the period 2014-2020

    The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key drivers which are making the automotive sensors market to grow lucratively. Development of new applications f. . .

  • INDIA: Honda begins Jazz exports to South Africa

    Posted on :Wednesday , 3rd June 2015

    Honda Cars India has started exporting its small Jazz [Fit in some markets] to South Africa from its plant in Rajasthan where it increasing production of the model from 120,000 to 180,000 units a year.

    Senior vice-president for sales and marketing, Jananeswar Sen, said exports to South Africa from the Tapukara factory had already started. The third generation Jazz goes into produ. . .

  • SOUTH AFRICA: Mercedes East London plant builds car #1,000,000

    Posted on :Tuesday , 2nd June 2015

    Daimler's South African Mercedes-Benz plant in East London, Eastern Cape province, has built its one millionth passenger car - a white, right hand drive, C-Class sedan.

    The latest generation has been produced since May 2014 in East London - one of four factories world wide making the model line - and this is the fourth generation to be built in South Africa. Bremen, Germany, is t. . .

  • M&M bets big on Africa, opens business unit

    Posted on :Tuesday , 2nd June 2015

    Indian automobile manufacturer Mahindra & Mahindra (M&M) has opened a business unit in Africa with a view to capitalizing on the emerging market opportunities in the continent.

    The company, which has opened its local office in South Africa, will come up with three more similar units in Egypt, Nigeria and Kenya. The new additions will work with local companies and employee. . .

  • Chinese car maker setting up showroom in Namanve

    Posted on :Wednesday , 27th May 2015

    Chinese car maker, Foton, is setting up a car show room and after-sales service centre worth $10m (about sh30b) at Namanve Industrial Park, in Mukono district.

    This was revealed last week by Chinese ambassador to Uganda, Zhao Yali, while handing over a donation of an executive van and partition screens to the acting minister of Foreign Affairs, Henry Okello Oryem, at the ministry’. . .

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