PSA/Peugeot-Citroen plans to build a car factory in Morocco as part of an effort to increase its sales in Africa
PSA/Peugeot-Citroen plans to build a car factory in Morocco as part of an effort to increase its sales in Africa, following in the footsteps of French rival Renault, two people familiar with the matter said.
New vehicle dealers eye record sales in 2015
Selling 17,499 new vehicles last year marked a new high for Kenyan dealers who were, for a long time since liberalisation of motor trade in the 1990s that paved the way for sale of used cars, stuck below 10,000 units.
BMW, Nissan SA join forces to roll out electric vehicle infrastructure
BMW Group South Africa (BMW SA) and Nissan South Africa (NSA) on Monday signed a memorandum of agreement that would see the two vehicle manufacturers jointly plan and build a national grid of electric vehicle (EV) and plug-in hybrid vehicle (PHEV) vehicle charging stations for use by both Nissan and BMW vehicles.
Growth in Commercial Vehicle Segment to Boost Tyre Demand in South Africa Reports TechSci Research
The South African tyre market is the fastest growing tyre market in Africa. The continuous growth in the per capita income has resulted in increasing the domestic sales of automobiles, and the introduction of Automotive Production and Development Program (APDP) in 2013 by the South African government is expected to significantly augment the domestic automobile production over the next few years. South Africa also has many trade agreements with various countries across the globe, which has enabled the country to become one of the preferred export destinations, globally. Major automobile manufacturers such as Toyota, Volkswagen, Nissan, Renault, General Motors, Mercedes Benz, BMW, Ford, Fiat, Iveco, Isuzu, MAN, Volvo and Scania have already established their manufacturing or assembly plants in the country.
