Market News

Kenya\'s new car sales jump 18pc in 2014
Kenya\'s new car sales jump 18pc in 2014
23 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-h . . .

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Kenya: Now Car Importers Join KEBS Motor Tender Row
Kenya: Now Car Importers Join KEBS Motor Tender Row
19 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 Quali . . .

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New car sales hit record high on rising demand
New car sales hit record high on rising demand
15 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 (K . . .

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Tata draws up plans for Kenyan vehicle market
Tata draws up plans for Kenyan vehicle market
11 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 . . .

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TVS makes a foray into Kenya
TVS makes a foray into Kenya
11 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 yea . . .

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