KVM assembled vehicles output declines to 2pc
A National Automotive Policy recently submitted to Parliament recently shows that KVM is the worst performing assembler in the country.
Source: businessdailyafrica.com
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Assemblers to meet 30pc local car parts rule for VAT waiver
The main car components sourced locally include batteries, tyres, seat covers, and windows but they are not of high value.
Source: businessdailyafrica.com
Parts makers eye more sales from ban of used vehicles
The policy is designed to create demand for locally assembled commercial vehicles as part of efforts to create jobs.
Source: businessdailyafrica.com
Stay firm on used buses, trucks import ban
The day, July 1 will mark a major shift in industrial policy for the local motor vehicle assembly industry in Kenya.
Source: businessdailyafrica.com
Assemblers take 75 percent share of new vehicle sales
Data from KMI shows that firms including Isuzu East Africa and Simba Corporation assembled 4,174 units out of the total of 5,526 new vehicles sold.
Source: businessdailyafrica.com