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30-10-2014 22:52:00 | by: Administrator | hits: 19348941 | Tags:

[Nigeria] Auto sector attracts N360b investment in 2019
13-02-2020 | 13:37:00
The National Automotive Design and Development Council (NADDC) said automotive manufacturing companies in Nigeria made over N360 billion investments into the country’s economy in year 2019.
Global Road Safety Facility and Total Foundation to assist African nations improve road safety data
20-01-2020 | 13:40:00
Total Foundation has joined the Global Road Safety Facility (GRSF) as its newest donor partner.
Egyptian Govt approves Uber's acquisition of Careem for $3.1b
06-01-2020 | 14:28:49
The Egyptian government has approved of Uber’s move to acquire Dubai-based ride-share company Careem for $3.1 billion.
Cars45 expands to Ghana and Kenya
11-12-2019 | 06:15:00
Cars45, Nigeria's automotive trading platform, has launched into Ghana and Kenya.
[South Africa] Commission fines Ford R35M for faulty vehicles
04-12-2019 | 10:29:00
The National Consumer Commission slapped Ford Motor Company of Southern Africa with an administrative fine of R35M in terms of Section 112 of the Consumer Protection Act.
[Kenya] Nairobi mechanic rides his way to the top in theTotal Quartz Golden Spanner Competition
26-11-2019 | 08:00:00
George Njoroge a juakali mechanic from Roysambu, Nairobi County has emerged the overall winner of Total Kenya Plc and Toyota Kenya Ltd sponsored Total Quartz Golden Spanner Competition.
Isuzu invests R1.2 billion in the next generation bakkie programme for South Africa
12-11-2019 | 06:04:00
Isuzu Motors has confirmed that it will be investing R1.2 billion into the next generation bakkie programme in South Africa.
China gifts EAC 12 cars worth $400,000 for capacity building programmes
07-11-2019 | 10:16:00
The People’s Republic of China has made a commitment to give the East African Community (EAC) 12 cars worth US$400,000 to be used in various capacity building programmes at the Community.
[South Africa] RMI launches new app that connects car owners and service providers
17-10-2019 | 06:23:09
Retail Motor Industry Organisation (RMI) has launched RMI Connect – an app that connects consumers to accredited-RMI members,” he says.
[South Africa] Volkswagen Group grows market share to 23 per cent
16-10-2019 | 07:06:00
Volkswagen Group South Africa (VWSA) showed a solid performance in the South African passenger car market from January to September with a market share of 23.2%.
[South Africa] Significant economic growth achieved despite indirect global consequences, the dti
09-10-2019 | 12:46:00
The Director-General of the dti said that even though global growth remains subdued and South Africa was confronted by a host of indirect risks consequences, it still achieved significant strides in job creation and economic growth initiatives.
[South Africa] the dti launches half a billion rand Toyota Hiace Ses’filikile plant expansion
07-10-2019 | 10:12:00
The South African Minister for Trade and Industry (the dti) Ebrahim Patel, has launched a taxi manufacturing expansion plant worth almost half a billion rands in Durban, KwaZulu-Natal.
[Nigeria] Cars45 introduces emergency service
30-09-2019 | 13:04:00
"Car breakdowns won't last for long" is the promise from Nigeria's leading automotive trading platform, Cars45 as it introduces its Emergency Service.
Japanese car manufacturers dominate Kenya’s automotive industry
24-09-2019 | 08:09:53
International players continue to dominate Kenya’s automotive industry Japanese car manufacturers commanding 80 per cent of the market share. This has made Japan the fifth biggest importer of goods into Kenya.
Hyundai ventures into Somaliland
12-09-2019 | 13:30:46
South Korean car manufacturer Hyundai is the latest multinational company to venture into the Horn of Africa via Somaliland.
Egypt, China mull new investment in manufacture of electric cars
12-09-2019 | 08:43:00
Egypt Public Businesses Minister Hisham Tawfiq has held discussions with Chinese Minister Miao Wei on cooperation in manufacturing electric cars through developing El Nasr Automotive company and the Engineering Company for Car Industry.
UK agrees to trade continuity with six African nations
12-09-2019 | 07:58:42
The UK has initialled an Economic Partnership Agreement with the Southern African Customs Union and Mozambique (SACU+M) that will allow business to keep trading freely after Brexit.
[South Africa] Isuzu Motors explores alternate fuel solutions for commercial vehicles
30-08-2019 | 06:04:25
Isuzu Motors South Africa is evaluating trucks which use alternate propulsion technologies that may be suitable for the African market.
[Nigeria] Cars45 launches premium inspection service
26-08-2019 | 11:47:00
Nigeria's automotive trading platform, Cars45 has announced the launch of a new product - Premium Inspection service - in line with its avowed commitment to exploring new platforms.
Mazda launches 3 new models in the Kenyan market
13-08-2019 | 07:38:31
CMC Motors Group, a leading car dealer in Kenya, has launched three new Mazda car models in the market.
[South Africa] Absa PMI rose to 52.1 index points in July, report
06-08-2019 | 08:46:00
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June.
[Kenya] CIC Insurance partners with Little Cab to launch free rides service
02-08-2019 | 08:20:00
Kenya’s CIC Insurance Group has partnered with taxi-hailing app Little Cab to launch a product that will offer free rides to clients while their vehicles are undergoing repair.
Alternet Systems in deal to mass produce revolt electric motorcycles for Africa
31-07-2019 | 06:23:00
Alternet Systems, Inc. has confirmed its African production partner has signed-off on ALYI's industrial design specifications plan for the ReVolt Electric Motorcycle to be mass produced for sales in Africa.
Heritage Insurance launches Kenya’s first telematics motor insurance
25-07-2019 | 07:04:29
Heritage Insurance Kenya has launched the country’s first telematics motor insurance, dubbed Auto Correct motor insurance.
Renault and Coscharis Group enter partnership to produce and distribute vehicles in Nigeria
24-07-2019 | 13:26:08
Groupe Renault and Coscharis Group have entered into an agreement that includes production and distribution of vehicles in Nigeria.
Prime Bank partners with Toyota Kenya in new car loan scheme
24-07-2019 | 11:37:10
Toyota Kenya has partnered with Prime Bank in rolling out the New Drive Loan Facility that will allow Association of Insurance Brokers members get up to 100 percent financing.
Ford South Africa unveils Third Shift for Silverton Assembly Plant to meet growing demand for New Ranger
24-07-2019 | 09:00:00
Ford Motor Company of Southern Africa is introducing a third shift to its vehicle assembly operations at the Silverton Assembly Plant to meet the growing international and local demand for the New Ranger.
Ford South Africa to create 1 200 jobs at its Silverton Plant in Pretoria, Gauteng
18-07-2019 | 13:39:00
The South Africa Minister for Trade and Industry, Mr Ebrahim Patel, has welcomed the announcement by Ford South Africa that it will be creating 1 200 jobs at its Silverton Plant in Pretoria, Gauteng.
Gozem launches mobile-enabled auto-rickshaw service in Lomé and Cotonou
17-07-2019 | 09:17:16
Users of the Gozem app can now order auto-rickshaws from their smartphones in Lomé in Togo and Cotonou in Benin.
[South Africa] Dott announces €30 million Series A co-led by EQT and Naspers
04-07-2019 | 13:46:00
Dott, the European micro-mobility company, announced a commitment for a €30 million Series A funding round.
[Kenya] Seaways digital strategy bears fruit as it calls for major policy changes in the automotive sector
03-07-2019 | 10:06:09
Recently feted car portal, Garimoto has seen a 30 per cent revenue growth for Seaways Kenya Limited since its deployment four years ago.
[Kenya] Middle Income Driving Motor Insurance in the Country
03-07-2019 | 04:30:16
According to the Insurance Regulatory Authority Q4 industry report, the general insurance business in Kenya grew by 3.5 per cent, a factor that mostly driven by compulsory motor insurance.
[South Africa] Isuzu Motors partners with tertiary institutions to prepare students for the job market
28-06-2019 | 13:05:00
With the youth unemployment rate reaching dismal heights in 2019, Isuzu is partnering with tertiary institutions to help get students ready for the workplace.
[Kenya] Simba Corporation unveils Mitsubishi Eclipse Cross model
19-06-2019 | 09:04:00
Simba Corporation has unveiled the new Mitsubishi Eclipse Cross in the Kenyan market.
Competition Commission South Africa blocks Naspers acquisition of WeBuyCars
17-05-2019 | 06:20:00
The Competition Commission South Africa has recommended to Competition Tribunal that the proposed acquisition of WeBuyCars Ltd by MIH eCommerce Holdings Ltd, an entity of the Naspers Group, be prohibited.
Mahindra South Africa enters farming equipment business
16-05-2019 | 10:03:39
In its endeavour to establish South Africa as its home outside India, Mahindra South Africa has announced entry into its fourth business line, by introducing its range of farming equipment.
Kenya Railways makes changes to improve Madaraka Express passenger service
09-05-2019 | 07:12:52
In a move to improve the Madaraka Express passenger service, the Kenya Railways has announced the following changes that will take effect from June 1, 2019.
Cairo, Beijing sign agreement to jointly manufacture electric vehicles in Egypt
02-05-2019 | 07:33:34
Egyptian Minister of Military Production Mohamed el Assar and Minister of Trade and Industry Amr Nassar have signed a partnership agreement with China on joint manufacturing of electric vehicles in Egypt.
[South Africa] Competition Commission prosecutes Chile car shipping company for cartel conduct
25-04-2019 | 11:42:00
A Chilean car shipping company has been referred to the Competition Tribunal for prosecution for collusive tendering, price fixing and market division.
[Kenya] KRA seizes, repatriates UK stolen motor vehicles
25-04-2019 | 07:18:00
The Kenya Revenue Authority (KRA) is working on repatriating nine (9) high-value stolen motor vehicles recently seized at the Port of Mombasa to their country of origin.
NAS Uganda launches eco-friendly vehicles at Entebbe International Airport
23-04-2019 | 11:42:00
National Aviation Services (NAS) Uganda has joined the Civil Aviation Authority’s efforts to combat climate change and reduce greenhouse gas emissions by introducing electric forklifts and tractors into its operations.
[Kenya] NSE admits VAELL onto the Ibuka Program
16-04-2019 | 07:49:26
The Nairobi Securities Exchange (NSE) has admitted Vehicle and Equipment Leasing Limited (VAELL) onto its premium incubation and acceleration program, Ibuka.
Nissan to add Navara pickup at South Africa factory
15-04-2019 | 12:05:11
Nissan will spend ZAR3bn (US$214m) at its factory in Rosslyn, Pretoria, South Africa to prepare for production of the next generation Nissan Navara pickup.
[South Africa] Nissan announces $215 million investment in Rosslyn plant
12-04-2019 | 07:10:19
South Africa President Cyril Ramaphosa has officiated over Japanese automotive Nissan’s announcement of a R3 billion, approximately $215 million, investment at its Rosslyn plant in the capital.
Hiroyuki Tazawa appointed President of Honda Motor Southern Africa
11-04-2019 | 06:30:00
Honda Motor Southern Africa has appointed Hiroyuki Tazawa as the new President, effective immediately.
[South Africa] Polo Vivo, Audi drive sales for Volkswagen in first quarter of 2019
11-04-2019 | 06:18:00
Volkswagen Group South Africa (VWSA) continued its positive start in 2019 in the South African passenger car market after reporting total sales of 6 754 units in March and a market share of 20.5 per cent.
[Kenya] Alternet Systems mulls setting up assembly plant for ReVolt Electric Motorcycles
09-04-2019 | 10:50:00
Alternet Systems.has confirmed that its management will meet potential partners and tour facilities in Kenya looking to possibly open an assembly plant to complete manufacturing for ReVolt Electric Motorcycles.
Nissan to cooperate with Egyptian government to develop local auto industry
18-03-2019 | 15:15:00
Nissan Motor Corporation has made known its desire to consolidate its presence in the Egyptian market and cooperate with the Egyptian government in carrying out its ambitious plans for the development of the local auto industry.
[Nigeria] Cars45 expands retail footprint with Enyo partnership
18-03-2019 | 06:38:00
Nigeria’s largest online vehicle trading platform, Cars45, has partnered with ENYO Retail and Supply, an innovative fuel retail brand, to increase its retail footprints.
NIC Bank, Toyota Kenya launch deal to finance car buyers
14-03-2019 | 10:48:00
NIC Bank has launched a one-of-a-kind financing scheme that will allow Toyota Kenya customers access financing to purchase new Toyota vehicles.
South Africa, Mozambique and the UK progress in finalizing a roll-over Economic Partnership Agreement
14-03-2019 | 10:15:00
South Africa Minister for Trade and Industry says progress has been made to finalize a roll-over Economic Partnership Agreement between the Southern African Customs Union, Mozambique and the UK.
Volkswagen South Africa creates jobs for 540 youth through its YES programme
07-03-2019 | 08:45:00
Volkswagen Group South Africa (VWSA) has created work opportunities for 560 unemployed youth through the Youth Employment Service (YES) programme.
[Kenya] Taxify rebrands to Bolt
07-03-2019 | 08:32:50
Ride-hailing firm Taxify is changing its name to Bolt and introducing. The update according to the company brings the brand identity in line with the company’s broader vision of transportation.
JAC Motors expands into 28 African countries
22-02-2019 | 06:42:45
Anhui Jianghuai Automobile Group Corp., Ltd, has announced the results of its expansion program in Africa in 2018, declaring that it has established a presence in 28 countries across the continent.
[South Africa] Isuzu launches consolidated truck and bakkie manufacturing plant
15-02-2019 | 13:02:00
Creating a more efficient footprint, Isuzu Motors South Africa has officially launched its consolidated truck and bakkie manufacturing plant.
[South Africa] Ford’s Silverton Assembly Plant starts production of the new Ranger model
14-02-2019 | 11:20:00
Ford’s Silverton Assembly Plant in Pretoria has commenced production of the new Ford Ranger, bringing a raft of product upgrades and refinements to one of South Africa’s best-selling vehicles and export models.
Renault mulls establishing assembly plant in Ghana
05-02-2019 | 08:08:00
Renault, the French multinational automobile manufacturer is to establish an assembly plant in Ghana.
Enterprise partners with Premier Group to drive car hire growth in Egypt
01-02-2019 | 06:49:54
Enterprise Holdings has announced its expansion into Egypt through a partnership with Premier Group.
Moran Family of Brands opens first international location in Nigeria
01-02-2019 | 06:38:19
Moran Family of Brands, an international franchises of general automotive repair, transmission repair and driver safety products, has announced the addition of its first international location in Nigeria.
Growth in passenger and commercial vehicle sales drives lubricants market in Algeria, report
30-01-2019 | 06:56:00
The government of Algeria has decided to invest $262 billion through its five year plan of 2015-2019 to diversify the oil dependent economy and improve the nation's infrastructure.
[Kenya] Taxify rolls out vehicle financing for drivers
30-01-2019 | 06:30:00
Ride-hailing firm Taxify, in partnership with Stanbic Bank and Renault Kenya has announced a vehicle financing dealership for Taxify drivers in Kenya.
Volkswagen signs agreement with Ethiopia government to develop automotive industry in the country
29-01-2019 | 12:33:05
International car manufacturer Volkswagen has signed an MoU with the Government of Ethiopia to collaborate and deliver a joint vision for the development of an automotive industry in the country.
Mercedes-Benz considers car assembly in Egypt
21-01-2019 | 11:57:00
“Egypt is an attractive and competitive location for production and supporting logistics. With the planned local assembly we are confident to be able to expand our market position."
[Kenya Business Week] Competition, customer service drive expansion binge
18-01-2019 | 08:33:03
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
Mercedes-Benz mulls resuming production in Egypt
18-01-2019 | 06:22:41
Global vehicle manufacturer Mercedes-Benz looks forward to resuming production in Egypt soon, a senior official of the company has said.
Angola government in talks with Volkswagen and Ford to open production lines
14-01-2019 | 07:34:00
Angolan authorities are negotiating with Volkswagen and Ford managers, two of the 12 leading automobile brands in the world, to open production lines in Angola.
[Kenya] Government urges local assemblers to produce affordable vehicles for Kenyans
11-01-2019 | 11:33:00
President Uhuru Kenyatta has urged local motor vehicle assemblers to innovate ways of producing quality vehicles that are affordable for Kenyans.
Business trends shaping Africa in 2019
10-01-2019 | 12:36:01
The progress of Africa’s economy over the last decade has been remarkable. In 2018, six African nations – Ethiopia, Ghana, Tanzania, Senegal, Ivory Coast and Djibouti – feature in the fastest-growing economies in the world.
[Column] Mark Bannerman, Driving accelerated growth in automotive business
03-01-2019 | 08:44:04
According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), to achieve success, the automotive industry must deliver internationally competitive products.
ENGIE to fuel first buses with compressed natural gas in Cote d’Ivoire
17-12-2018 | 11:06:03
Cote d’Ivoire has unveiled a fleet of buses commissioned by the Société des Transports Abidjanais (SOTRA), supplied by IVECO and fuelled by compressed natural gas. ENGIE.
Mahindra delivers its first order to South Africa rental fleet industry
13-12-2018 | 06:22:47
In May this year, car maker Mahindra opened its first assembly facility in South Africa.
[SA Business Week] Investment wave boosts country’s earnings, attractiveness
08-12-2018 | 19:02:00
South Africa continues to be the continent’s preferred destination for international investors due to its competitive market, favorable political climate, a booming middle class and strategic location.
South Africa -Tunisia Business Council mooted to boost trade and investment
06-12-2018 | 06:43:00
South Africa Deputy Minister for Trade and Industry has received the assurance of the Tunisian business people that they are keen and committed to the establishment of the joint South Africa-Tunisia Business Council.
[South Africa] Fiat Chrysler Automobiles unveils flagship dealership in Sandton
04-12-2018 | 13:52:00
Fiat Chrysler Automobiles (FCA) South Africa has opened a new flagship dealership in Gauteng.
Isuzu grows South African footprint with new Durban service center
29-11-2018 | 07:12:42
A brand-new Isuzu truck service and parts center has opened its doors in Durban South.
Yutong reaches 15,000 buses delivered to African markets
26-11-2018 | 11:46:58
Zhengzhou Yutong Bus Co., Ltd. , global bus supplier, has produced its 15,000th bus to be delivered to Africa at its factory in Zhengzhou, Henan Province.
[South Africa] Motus Holdings lists on the Johannesburg Stock Exchange
22-11-2018 | 11:56:00
The Johannesburg Stock Exchange (JSE) has announced and celebrated the listing of Motus Holdings, a leading automotive group in Southern Africa, on the Main Board.
[South Africa] Volkswagen launches 1.0 TSI Caddy model
16-11-2018 | 06:47:35
Volkswagen Commercial Vehicles has introduced a 1.0 TSI model derivative of the hugely popular Caddy in South Africa.
UN agencies, partners to firm-up common support programme for Central Africa
15-11-2018 | 10:56:16
Representatives and experts of UN bodies, ECCAS General Secretariat and CEMAC Commission are set to meet in Gabon this month to re calibrate their efforts at delivering support for the sustainable development in Central Africa.
[South Africa] Business people head to Germany in search of opportunities
13-11-2018 | 06:17:00
A group of South African business people is in Germany on an Outward Selling Mission to seek sub-contracting opportunities from the German and European multinationals.
[SA Business Week] Opening businesses to the world, growing markets
10-11-2018 | 12:46:00
In the recent years, South Africa has continued to prove that it is one of the most diverse and promising emerging markets in Africa. The country has become a key global hub for investment, innovation and research.
[South Africa] FCA targets motorists with modern services and parts center
09-11-2018 | 06:05:00
Global automaker Fiat Chrysler Automobiles (FCA) has opened a new Motus dealership in Pinetown South Africa.
[Africa Tech Week] African startups set to raise more funds in 2019
08-11-2018 | 14:08:35
The African startup ecosystem continues to thrive, the innovation revolution by these startups is on the rise. They not only bring massive impact to the local communities but also across other countries.
South Africa’s investment climate is improving, Trade and Industry Minister
08-11-2018 | 06:06:00
The Minister of Trade and Industry, Dr Rob Davies, says foreign investment if targeted and nurtured can drive economic growth and in turn contribute to much needed job creation and economic inclusion for all.
Kenya’s taxi-hailing firm Little goes live in Zambia
07-11-2018 | 11:53:00
Five months after going live in Kampala, Uganda, Kenyan taxi-hailing firm Little has announced that it has launched in Lusaka, Zambia.
[Nigeria] Dangote Sinotruk Automobile expands to enhance local content, provides more jobs
05-11-2018 | 11:05:00
As the budding automobile company, Dangote Sinotruk West Africa entered another phase in its expansion drive, the Company has said that it was increasing its local input into the assembling plant to up to 60 per cent, even as it plans to roll out commercial vehicles soon.
[SA Business Week] Naspers breathe new life into startups, filmmakers train eyes West
02-11-2018 | 11:24:00
The tech startup fever has been spreading across the globe like bush-fire and Africa has not been left out in this bandwagon. More and more people are entering into the tech space because technology never gets old and new inventions keep evolving.
[South Africa] Isuzu, GMMDC partner to provide innovative teaching tools to three schools
01-11-2018 | 13:50:24
Isuzu Motors South Africa has partnered with Nelson Mandela University's Govan Mbeki Mathematics Development Centre (GMMDC) to provide innovative new teaching tools to three Port Elizabeth schools.
Ford investment in South Africa reaches $758 million over past decade
01-11-2018 | 11:58:00
Ford Motor Company has invested R11-billion, approximately $758 million, in its South African operations over the past decade.
Uber and Suzuki to expand UberCHAPCHAP option across Sub-Saharan Africa
31-10-2018 | 13:05:41
Uber and Suzuki Motor Corporation have entered into a new memorandum of understanding (MOU) to expand the fuel-efficient UberCHAPCHAP option across Sub-Saharan Africa.
[Column] Corine Mbiaketcha: Three early industry adopters of autonomous technologies
24-10-2018 | 04:43:29
Automation has already transformed industries in which complexity and performance demands must meet the challenges of fewer available resources, narrower profit margins and expanding product volumes.
Doreen Mashinini named Ford’s GM, marketing for South Africa and SSA
17-10-2018 | 06:40:30
Ford Motor Company has announced the appointment of Doreen Mashinini as General Manager, Marketing for South Africa and Sub-Saharan Africa.
First Ford Ranger Raptor trial units produced in South Africa
17-10-2018 | 06:25:15
The dream of producing the highly anticipated Ford Ranger Raptor has taken a big step closer to becoming a production reality with the first batch of trial units emerging from Ford’s Silverton Assembly Plant in Pretoria.
Mall for Africa to sell cars from United States to buyers in Nigeria
16-10-2018 | 06:13:00
E-commerce platform Mall for Africa has announced that it will add cars from the United States to its list of items for sale.
[SA Business Week] Water tariffs rise, no markets for black traders
12-10-2018 | 13:21:00
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.
Uber partners with Zindi to optimise public transport in Nairobi
10-10-2018 | 05:30:34
Uber has announced a new partnership with Zindi, a data science competition platform for Africa to optimize public transportation in Nairobi.
[South Africa] Rolls-Royce unveils engine storage facility at OR Tambo
09-10-2018 | 08:30:00
British luxury automobile maker Rolls-Royce has opened its first lease engine storage facility based in the South African Airways Technical (SAAT) site at Johannesburg’s Oliver Tambo International Airport, the busiest airport in Africa.
Egypt auto market to maintain 40% growth rate
09-10-2018 | 06:37:00
The Egyptian automotive market will maintain the growth rates achieved during the first half of 2018, Former Head of the Automobile Manufacturers Association Hassan Mostafa said.
[South Africa] Sumitomo Rubber unveils$66m tyre production facility
05-10-2018 | 13:15:00
Sumitomo Rubber South Africa, manufacturer of the popular dunlop, sumitomo and falken tyre brands, has launched its new, state-of-the-art truck and bus radial factory in ladysmith, kwazulu-natal.
How cloud software can help African SME businesses grow and expand
05-10-2018 | 06:25:00
The automotive market in Africa is growing fast, with more than 3 million new vehicles being sold each year on the continent, and tens of millions of used and imported vehicles yearly.