The African Association of Automotive Manufacturers (AAAM) has welcomed the Kenya Association of Manufacturers (KAM) into their fold.
KAM has indicated that they have entered into the partnership to optimise sustainable development and stimulate the growth of the automotive industry in Kenya.
Some of the objectives of the partnership are:
In a statement announcing the development, AAAM said it is “looking forward to KAM's contribution to its mission of growing the automotive industry and promoting allied industrialization on the African continent”.
The memorandum of understanding was signed during AAAM’s visit to Kenya to enable participants to understand Kenya’s automotive industry and provide linkages with investors.
For decades, buying a car has been as much about emotion as practicality. Shiny brochures, polished showroom floors and persuasive sales talk often overshadowed the cold, hard numbers of ownership. But today, where information is currency, consumers are no longer satisfied with glossy marketing – they want data, and they want it now.
According to a Reuters report, South Africa is engaged in discussions with Chinese automotive manufacturers to encourage local investment, with at least one company showing considerable interest in establishing production facilities in the country, a senior government official revealed on Wednesday.
Nissan says the latest wave of launches from the brand in South Africa supports Nissan’s long-standing commitment to the country, underpinned by more than 60 years of local presence.
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You can't build a reputation on what you are going to do.
Henry Ford
For decades, buying a car has been as much about emotion as practicality. Shiny brochures, polished showroom floors and persuasive sales talk often overshadowed the cold, hard numbers of ownership. But today, where information is currency, consumers are no longer satisfied with glossy marketing – they want data, and they want it now.
According to a Reuters report, South Africa is engaged in discussions with Chinese automotive manufacturers to encourage local investment, with at least one company showing considerable interest in establishing production facilities in the country, a senior government official revealed on Wednesday.
Europe’s automotive sector, once a global leader, is facing what McKinsey describes as “the largest transformation in the industry’s history”.
