Kenya is relying on its national automotive strategy to support the sector, with plans to increase output over the next four years and reduce reliance on used imported automobiles.The strategy, which was proposed in 2019 and was approved by the Cabinet, aims to increase the number of cars made domestically while also creating more employment in vehicle assembly.According to Industrialization Trade and Enterprise Cabinet Secretary Betty Maina,.... Read more »

Posted on : Friday , 22nd October 2021

The global trade dynamics are shifting as a result of a variety of short-term and long-term variables. The rising viability of new Arctic marine routes, the growth of new states into automotive manufacturing centres, changes in geopolitical equations, supply chain resilience, and shifting talent pools are just a few of the global variables that might influence future supply chain hubs.Some of the world's largest automakers, including.... Read more »

Posted on : Wednesday , 29th September 2021

Autochek, the automotive technology business that facilitates vehicle finance across Africa, and ROAM Africa (Ringier One Africa Media) have agreed for Autochek to purchase the automotive markets Cheki Kenya and Cheki Uganda as Autochek grows deeper into the African market.East Africa's expanding industry is positioned as a vital car finance centre, with credit penetration in Kenya at 27.5 percent, much greater than the West African market,.... Read more »

Posted on : Friday , 24th September 2021

It is clear that virtually all of the world's population growth by 2050 is forecast to take place in developing countries yet thousands of cities in Africa, Asia and Latin America may stick to fossil fuel-powered vans, buses and motorcycles for decades.The Kenyan capital's vehicle fleet doubles every 8 years and its roughly 4.5 million inhabitants rely on minibus taxis named Matatus to get around. Although they're inexpensive, they tend to be.... Read more »

Posted on : Friday , 27th August 2021

African Association of Automotive Manufacturers (AAAM) has been appointed by the Special Initiative on Training and Job Creation to develop an automotive policy for the Ethiopian government that will boost global original equipment manufacturers (OEMs) and component producers to invest in Ethiopia.Moreover, an automotive training programme for prevailing assemblers and workshop owners will be established and directed along with the development.... Read more »

Posted on : Friday , 27th August 2021

The East African Community (EAC) common external tariff (EAC CET) upper band rate, harmonisation of domestic taxes, harmonisation of product standards, review of the EAC Rules of Origin, and activation of the dispute settlement mechanism, according to the Kenya Association of Manufacturers (KAM) and the Confederation of Tanzania Industries (CTI).Mucai Kunyiha, KAM chairman, stated that addressing relevant concerns between Kenya and Tanzania will.... Read more »

Posted on : Friday , 16th July 2021

Hyundai Motor Company has announced the opening of its newest Hyundai Dream Center in Kenya, which is an automotive training and instructional institution. The new Dream Center is Hyundai Motor's sixth global institute, following Dream Centers in Ghana, Indonesia, Cambodia, Vietnam, the Philippines, and Peru.The Dream Center, which is located in the National Industrial Training Authority's (NITA) Athi River Campus in Nairobi, was inaugurated by.... Read more »

Posted on : Wednesday , 14th July 2021

PROTON Holdings Bhd hit a 98-month high in export sales in May 2021, selling 669 units.Steven Xu, Proton's worldwide sales director, stated at the start of the year that the company's objective for 2021 was to rapidly increase Proton's export sales volume. â€œDespite international restrictions and the rising cost of shipping caused by the coronavirus, we were confident of being able to meet our goals due to the sales plans of our importers.... Read more »

Posted on : Friday , 25th June 2021

Kenya and India have committed to collaborate in the fight against Covid -19, with a focus on promoting fair and affordable vaccine availability and treatment for all.CS for Foreign Affairs Amb Raychelle Omamo said they have noted the mutual desire to expand bilateral cooperation under the Kenya-India Joint Commission Framework during a joint wrap-up press briefing following a three-day visit to Kenya by India's External Affairs Minister, Dr.... Read more »

Posted on : Friday , 25th June 2021

The automotive-qualified InnoSwitchTM3-AQ flyback switcher from Power Integrations, the pioneer in high-voltage integrated circuits for energy-efficient power conversion, was launched. The IC family now includes a member rated at 900 V, allowing for more headroom in inverter, battery management, and climate control applications for 400 and 800 V electric vehicles.The InnoSwitch3-AQ family is a single IC that integrates primary and secondary.... Read more »

Posted on : Friday , 4th June 2021

The arrival of Inchcape into the motorcycle sector is expected to assist Kenya's automotive industry.Inchcape is an automotive distributor, retailer, and services firm established in the United Kingdom. Kenya (Inchcape Kenya) and Ethiopia (MOENCO) are the company's African dealerships, with Kenya serving as a centre for seven other African countries. Inchcape started as a Jaguar Land Rover dealer in Kenya in 2018 and later acquired the BMW.... Read more »

Posted on : Friday , 4th June 2021

Another epic leapfrog occurrence may be on the horizon for Africa. We've seen it before in sectors like telecommunications and fintech. After being exposed to the world of cell phones and, later, mobile money, the underserved and unbanked population jumped right in. They actually bypassed the fixed-line era and brick-and-mortar banking when better technologies and facilities became available, long before conventional telecoms and banking.... Read more »

Posted on : Wednesday , 5th May 2021