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Market News

  • 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. . .

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