Market News

  • Local Vehicle Assemblers in Kenya eye 70pc sales jump on used trucks ban

    Posted on :Tuesday , 24th May 2022

    Kenyan annual sales of domestically produced automobiles are predicted to climb by 70%. This is in response to the government's edict prohibiting the entry of secondhand trucks and buses.

     

    The importation of secondhand buses longer than seven metres has been prohibited, according to a statement issued by the Kenya Bureau of Standards (KEBS). The prohibition goes into effect on. . .

  • Nairobi Expressway Is Now Open To The Public, Says Transport CS Macharia

    Posted on :Saturday , 14th May 2022

    Transport Cabinet Secretary James Macharia now says the much anticipated Nairobi Expressway is finally open for public use.

     

    Speaking on Saturday during the commissioning of the road ahead of the launch, CS Macharia said at least 11,000 thousand vehicles have so far been registered on the road, with about 7,000 having registered to use the electronic toll collection.

    &nb. . .

  • Kenya will stop the importation of used passenger mini-buses and large buses from July 1, the Kenya Bureau of Standards (KEBS)

    Posted on :Friday , 29th April 2022

    KEBS managing director Bernard Njiraini said the move follows the implementation of new standards meant to boost safety on the roads as well as support local assemblers who produce over 5,000 units annually.

    "All used passenger minibus, midibus and large bus, single articulated and bi-articulated and double-decker buses shall not be allowed for importation into the country from July 1," s. . .

  • Egyptian firm to set up vehicle assembly in Kenya

    Posted on :Monday , 25th April 2022

    Ghabbour Auto (GB Auto), Egypt's publicly traded auto dealer, intends to form a joint venture in Kenya to produce and market passenger automobiles.

     

    The declaration was made last week during a board meeting, according to a regulatory filing to the Egyptian Exchange (EGX).

     

    The corporation, which sells automobiles, buses, lorries, and motorbikes, said that its. . .

  • 12 EU, African associations sign MoU to help the African auto sector grow

    Posted on :Monday , 28th March 2022

    A historic memorandum of understanding (MoU) has been signed by twelve automobile organisations to accelerate the growth of the African automotive sector.

     

    A Memorandum of Understanding (MoU) was signed digitally between 12 Automotive Associations as part of the EU – Africa Business Forum 2022 with the goal of boosting the growth of the African Automotive In. . .

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