Market News
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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. . .
Mobius Motors to Introduce Rugged Vehicle in Kenya
Posted on :Friday , 17th October 2014
Mobius Motors is preparing to launch its first production vehicle in Kenya known as the Mobius II, a vehicle designed for the rugged roads of Africa.
Mercedes revs up battle for top spot in Kenya luxury car market
Posted on :Friday , 17th October 2014
Kenya: Franchise managers have moved the race for a share of Kenya’s luxury car market a notch higher with increased investment and marketing. The franchise holders for Porshe — Multiple Group, which comprises Multiple Hauliers and RT East Africa — stoked t. . .
Imperial sets its sights on African cars
Posted on :Friday , 17th October 2014
Imperial Holdings is expanding its motor vehicle business into Africa as part of a strategy to reduce the. . .
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