Market News

Mercedes revs up battle for top spot in Kenya luxury car market
Mercedes revs up battle for top spot in Kenya luxury car market
17 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 the latest round of activi . . .

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Imperial sets its sights on African cars
Imperial sets its sights on African cars
17 October 2014

Imperial Holdings is expanding its motor vehicle business into Africa as part of a strategy to reduce the impact of volatility of the rand and cyclicality of the South African new vehicle market on the financial performance of the listed transport and mobility group. Manny de Canha, the chief execu . . .

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Hyundai heavy-duty truck range may be introduced onto SA market
Hyundai heavy-duty truck range may be introduced onto SA market
16 October 2014

 Hyundai Automotive South Africa (HASA) is evaluating the viability of introducing the heavy-duty Hyundai Xcient truck range onto the South African market, says HASA commercial vehicles director Wade Griffin. The market study should be completed towards the end of the year, he adds. . . .

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Emirates Airlines, World s Largest Carrier Targets 40% Operational Growth In Africa
Emirates Airlines, World s Largest Carrier Targets 40% Operational Growth In Africa
16 October 2014

Emirates, the world’s largest carrier by international traffic, says it would expand its operation in Africa by more than 40 percent in the next decade. This is in line with the airline’s 10 years growth plan which includes investment expansion as well as the provision of critical links . . .

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Made-in-Nigeria Hyundai Cars Hit Market
Made-in-Nigeria Hyundai Cars Hit Market
9 October 2014

Hyundai Motors Nigeria Limited has started phased delivery of low priced made-in-Nigeria cars assembled at the company's plant in Lagos to its provisional dealers nationwideThis is coming barely three months after Stallion Group owners of the multivehicle plant roll-out made-in-Nigeria Nissan range . . .

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