Market News
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Creating a Pan-African Auto Industry
Posted on :Thursday , 21st June 2018
The chairman and managing director of Volkswagen Group South Africa (VWSA) , Thomas Schaefer says "I’m trying to create something pan-African". Having assembly started operations in Kenya in 2016 and now 2018 in Rwanda. It’s not just the engine, VWSA also produces the flourshing compact car, the Volkswagen Polo. The organization has recently invested $20m in Rwanda r. . .
Flying taxis coming soon to Nairobi.
Posted on :Friday , 9th March 2018
The McFly.aero blockchain project is starting the set up of transportation for air taxis service in 23 cities in 13 countries. Nairobi has been recognized as one of the launch cities for this ambitious flying cars project.
This is going to be a 2 part business project, the first part being a technological consortium of 12 companies that are currently developing the fundamentals . . .Kenya is capable of driving the Safari Rally back onto the WRC, Todt
Posted on :Thursday , 1st March 2018
Todt was received by Kenya Motorsports Federation (KMSF) President Phineas Kimathi upon his arrival on Monday for the 2 days visit.
Kenya is competent of driving the Safari Rally back onto the World Rally Championship, says I. . .
Ambitious Kigamboni project now underway in Dar-es-Salaam
Posted on :Thursday , 28th September 2017
An Automotive Dealer based in Dar-es-Salaam has agreed to move all their showrooms from different parts of the city to a new common ground, Kigamboni. Kigamboni is expected to be the new hub of Automobile showrooms in the city. This was all done on the request of regional commissioner Mr. Paul Makonda. However, the local car dealers remain anxious about the completion pf this new underta. . .EXPLORE THE EMERGING MARKET IN EAST AFRICA - AUTOEXPO TANZANIA 2017
Posted on :Tuesday , 26th September 2017
The automobile industry in Tanzania is growing, supported by growing incomes, improving urban infrastructure and the supply of cost-effective vehicles by Asian manufacturers. This sector of Tanzania gives ample opportunities to other countries to enter the market.
There has been strong prediction that there will be growth close to 3% per annum in vehicle. . .Please Select an Option
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