Market News
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Matchedje Motor, Mozambique to expand local vehicle manufacturing factory
Posted on :Saturday , 15th November 2014
Matchedje Motor, a sole national automotive company that on Thursday last week launched campaign to sell its first 100 all-terrain vehicles priced at US$19,600, is planning a second-phase expansion of its vehicle manufacturing factory to produce 100,000 vehicles annually.
Nairobi signs US$75 million transport deal with Chinese auto manufacturer
Posted on :Friday , 14th November 2014
The Nairobi county has signed a US$75mn deal with Chinese auto manufacturer Foton Motor to buy 266 buses for the city’s metro transport system.
Honda Motor : Unveils New Models in Kenya
Posted on :Friday , 14th November 2014
Japanese car maker
Honda Motors has unveiled new-generation high-end vehicles in the country in a bid to tap into the increasingly expanding new motor vehicle market.
Vehicle assemblers hit record in August
Posted on :Friday , 31st October 2014
August recorded the highest number of vehicles assembled locally in a single month for over more than five and a half years, signalling a growing appetite for new vehicles.
Sumitomo to invest in South Africa tire operations
Posted on :Saturday , 25th October 2014
DURBAN, South Africa—Sumitomo Rubber South Africa (Pty) Ltd. has launched about a $101 million investment plan, mainly to bolster its original equipment tire supply capabilities in the region.
Focused on the company’s South Africa manufacturing plant in Ladysmith, the plan includes initiating local production of the Sumitomo Tires' brand, range extension. . .Please Select an Option
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