Market News
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Kenya\'s new car sales jump 18pc in 2014
Posted on :Friday , 23rd January 2015
The number of new cars sold in Kenya jumped 18 percent last year and is expected to grow further this year, reflecting middle-class demand and growth in sectors such as construction, the industry association said on Wednesday.
The east African nation's car market is dominated by low-priced second-hand imports from countries such as Japan, but investors monitor new car sales to gauge t. . .Kenya: Now Car Importers Join KEBS Motor Tender Row
Posted on :Monday , 19th January 2015
IMPORTERS of used motor vehicles yesterday accused the Kenya Bureau of Standards of "selectively" extending the contract for two pre-shipment inspection companies, leaving out a major player in the sector.The Car Importers Association of Kenya said the decision to extend the contract for Quality Inspection Services Inc, Japan and Auto Terminal Japan, leaving out Japan Export Veh. . .
New car sales hit record high on rising demand
Posted on :Thursday , 15th January 2015
Rising demand for luxury cars and increased orders for commercial vehicles pushed new motor vehicles sales to a record high last year, reflecting wealthy Kenyans’ growing penchant for high-end goods and vibrant economic activity.
Data from the Kenya Motor Industry Association (KMI) shows that new vehicle dealers sold 17,499 units in 2014, marking a new high . . .Tata draws up plans for Kenyan vehicle market
Posted on :Thursday , 11th December 2014
India’s Tata Group yesterday said it is in talks with partners in Africa to set up new assembly lines for commercial and passenger vehicles in Kenya and Tunisia.
Tata Motors head of international business R.T. Wasan said that the company will form alliances to sell commercial vehicles in Africa.“We have identified a few pa. . .TVS makes a foray into Kenya
Posted on :Thursday , 11th December 2014
TVS has officially commissioned its assembly line at Nakuru, Kenya. It has also officially announced that there will be two bikes launched specifically catering to the usability, reliability and durability needs of the Kenyan markets.
TVS has been present in the Kenyan market for more than 10 years and shares its distribution efforts with Kenya-based Car & General. The TVS. . .Please Select an Option
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