Market News

SELF driving cars which may come to Tanzania by 2027 will help reduce deaths on local roads, experts from an online car marketing portal, Carmudi Tanzania Limited said. In a statement, Carmudi said although the idea of a self driving car seems to be distant for the local market which is one of th . . .

The government has once again expressed its commitment to reviving the Arusha-based General Tyre East African Limited (GTEA) factory before the end of this year.   Janeth Mbene,  the  deputy Minister for Industry and Trade was last week here to brief on the government’s plans . . .

When Nigeria, on October 3, 2013, announced the introduction of a new automotive policy aimed at discouraging the importation of wholly assembled automobile and encouraging local manufacturing, it seemed like a tall dream. But building on recent local assembly successes, by Hyundai and Nissan, was l . . .

Auto parts maker, Delphi Automotive Plc, has opened its third production unit in Kenitra, Morocco. The facility will provide jobs for another 1,700 people, bring the company’s total workforce to about 9000 people. It also confirms the attractiveness of Morocco’s automotive sector to Eur . . .

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 servi . . .