Market News
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New Porsche Model Enters in Kenya\'s Car Market
Posted on :Friday , 5th September 2014
Kenya: Competition for a share of Kenya's top-end luxury car market has risen a notch higher after the entry of the Porsche Macan, a sports utility vehicle, made its debut Thursday. Franchise holder of Porsche brands in Kenya, Multiple Group, has also opened a state-of-the-art Porsche Centre, a showroom and after-sales centre at the Sameer Business Park on Mombasa Road. The Sh178 million ($2m) . . .
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East Africa to adopt cleaner fuel standards in 2015
Posted on :Thursday , 4th September 2014
Plans for five countries in East Africa to adopt cleaner fuel standards in 2015 are likely to help absorb excess low-sulphur oil products coming out of Middle East and Indian refineries, where new capacity is being added, industry sources said.Rwanda, Kenya, Tanzania, Uganda and Burundi are due to switch to the cleaner fuels from January 2015, according to docu. . .
Kenya Told to Promote Use of Fuel-Saving Cars
Posted on :Thursday , 4th September 2014
THE government has been urged to adopt policies that encourage purchase and use of fuel efficient vehicles to reduce the country's carbon footprint.
According to Jane Wanjiru Akumu, the duty paid for new vehicles is higher compared to that charged when importing a used vehicle while it should be the other way round."We are workin. . .
Africa: Chinese Automaker Foton Launches Vans for African Market
Posted on :Monday , 28th July 2014
Nairobi - Chinese automaker Beiqi Foton on Saturday launched its van for the Africa market.
Foton's general manager Wang Jinyu told journalist in Nairobi that Kenya is an emerging market for commercial vehicles on the continent.
"We hope to provide transport solutions for growing urban centers in Kenya and the entire Africa region," he said, adding that C. . .
Ford drives plans for expansion in Africa
Posted on :Monday , 28th July 2014
Ford has aggressive plans to expand its business in Africa and will be launching 25 new vehicles into the Middle East and Africa region by 2016, with 17 of these models launched into sub-Saharan Africa.
Jim Benintende, the president of Ford Middle East and Africa (MEA), said yesterday Ford had launched earlier this year its fifth business unit, MEA, comprising 67 markets that rep. . .Please Select an Option
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