Market News
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Ashok Leyland bags $79.2 million project in Tanzania, Zimbabwe
Posted on :Thursday , 4th December 2014
Hinduja Group flagship firm Ashok Leyland has announced bagging of two large integrated transport projects in Tanzania and Zimbabwe worth a total of $79.2 million.
As part of the project, the company will supply trucks, buses, light commercial vehicles, spares and allied support services, includes training and developmental consultancy, Ashok Leyland said in a. . .Africa Lubricants Market worth 4,871.0 KT by 2019
Posted on :Wednesday , 26th November 2014
The report " Africa Lubricants Market by Type (Mineral Oil, Synthetic Oil, Bio-based Oil, and Greases), by Application (Passenger Vehicles, Commercial Vehicles, Aviation and Marine and Industrial Machinery and Equipment) - Global Trends & Forecasts to 2019", defines and segments the Africa lubricants market with anal. . .
Hyundai Unveils $5m Assembly Plant In Mozambique
Posted on :Monday , 24th November 2014
Hyundai, a South Korean automotive manufacturer, has unveiled a $5.45 million Hyundai car assembly plant in Mozambique’s capital city, Maputo.
Low cost Kenya-made car goes on sale at Sh950,000
Posted on :Saturday , 15th November 2014
A Kenyan-made vehicle that is designated as Africa’s cheapest car has hit the showrooms, bringing to reality the dream of an entrepreneur who designed it four years ago.
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.
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