Market News
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Zimbabwe: Govt Splurges U.S.$50 Million On Military Vehicles
Posted on :Monday , 10th August 2015
The cash-strapped Zimbabwe government has splurged about US$50 million on 633 vehicles which include all-terrain troop-carrying trucks, water cannons, buses and equipment, mostly used by military and police, as it secretly bolsters its instruments of repression to combat any possible Arab spring-style uprising due to the explosive socio-economic situation in the country, it has emerged.
Nigeria: Jaguar XE Sets Record as Tech Leaders Decide Future for Start - U.S.
Posted on :Monday , 10th August 2015
Coscharis Motors, licensed owner of the Jaguar Land Rover in Nigeria, has once again proven that the future of the automobile industry largely depends on the innovations that come with the Information and Communications Technology (ICT), as the firm unveils its brand new Jaguar XE at the just-concluded Techie+ 2015 Conference and Exhibition, held in Lagos.
The event. . .
South Africa: Anticipated Fuel Price Drop Could Be Short-Lived
Posted on :Friday , 7th August 2015
Although an anticipated fuel and diesel price decrease will greatly help deeply indebted consumers, the relief might be only temporary, cautioned Debt Rescue CEO Neil Roets on Friday.
The fuel price is expected to go down by 49 cents a litre and the price of diesel by 70c/litre in August.Earlier this week, the Automobile Association o. . .
Nigeria: Volkswagen Emerges World\'s Biggest Automaker Ahead of Toyota
Posted on :Friday , 7th August 2015
Barely one month after Volkswagen restarted production at the Nigerian plant to increase global market and sales potential, the auto company on Wednesday emerged world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target.
Volkswagen's Africa Sales and Marketing helmsman Wolfgang Ratz, had recently said: &qu. . .
Kenya: GM, Auto Express Sign Deal for After Sales Service
Posted on :Friday , 7th August 2015
Nairobi — General Motors East Africa (GMEA) Limited has signed a partnership with Auto Xpress that will see the company expand its after sales service network.
Through the union, Isuzu and Chevrolet customers will now access after sales service from Auto Xpress outlets countrywide.Speaking during the signing, GMEA Managing Direc. . .Please Select an Option
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