Market News

 Hyundai Motors abandoned the EA market a decade ago, but is now looking to return. The company’s Regional Marketing Director Sam Lee says that while “Hyundai has been absent from East African roads for over a decade”, they now “consider the region as a significant marke . . .

 Nairobi-based Mobius Motors recently announced and started pre-selling its Mobius II model, which will offer drivers a highly robust vehicle capable of tackling Africa’s rough rural terrain and will, importantly, be the most affordable SUV on the market, selling for around US$11,000 (oth . . .

Aisin, world renowned original auto equipment manufacturers, OM, has introduced its range of products into the Nigerian market with a mission to rid the nation's auto market of fake vehicle spare parts, and promote safe driving culture in the country.   Aisin is a world leading auto spare par . . .

 The construction of Peugeot car manufacturing plant in Algeria is almost complete and is set to be commissioned,  minister for Industry and Mines Abdessalem Bouchouareb has announced.   Speaking in French capital Paris, Abdessalem said that once completed the shareholders pact will . . .

 Plans for the construction of infrastructure in Egypt is in top gear after the Transport Minister Saad el Gioushi and head of the Arab Organization for Industrialization (AOI) Abdel Aziz Seif met with the president over the weekend to discuss the same.   According to the Presidential sp . . .