Category: Africa

By on August 19, 2015


Africa may be one of the last untapped continents for automakers and one of the largest growth markets in the future. But the opportunity is now for carmakers such as Uganda-based Kiira Motors, Kenya-based Mobius Motors, Nigeria-based Innoson and Ghana-based Kantanka Motors, they say.

“The automotive industry presents one of the fiercest competitive market environments,” Kiira Chief Executive Paul Isaac Musasizi told the Wall Street Journal. “We need to remain focused, courageous and committed.”

His commitment is shared by other automakers such as Ford, who recently announced that it would produce 5,000 trucks at a plant in Nigeria for sale within the continent. Hyundai said they would invest $22 million to build an assembly plant in Nairobi and expand dealerships.

A cursory look at market penetration for automakers looks promising — no African country cracks the top 50 in vehicles per capita.

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By on July 28, 2015

2015 Ford F-150

Ford announced that it made a $1.9 billion net-adjusted profit in the second quarter of 2015, marking the largest gain for the automaker since 2000, according to Automotive News.

The profit represents a 44-percent gain over last year despite dipping global sales and a stronger U.S. dollar hampering exports. Ford said it was selling cars for more money and offering fewer incentives, despite recent reports of F-150 incentives topping nearly $11,000 in some places.

Ford said revenues in North America surged 10 percent, which helped the company beat Wall Street’s expectations.

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By on July 28, 2015

General Motors will invest $5 billion to build a global line of cars with Shanghai-based SAIC Motors that will be sold in Brazil, China and other emerging markets, the automaker announced Tuesday.

The cars won’t be sold in the United States, according to the statement.

The global vehicles will go on sale starting in 2019 and the automaker expects the line to eventually produce roughly 2 million cars annually.

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By on July 7, 2015

Photo courtesy Honda

New Honda CEO Takahiro Hachigo told media Monday that the automaker wouldn’t aim for a specific global sales figure to drive growth and would be open to partnerships with other automakers, Automotive News reported.

The speech also emphasized sharing global manufacturing resources within Honda’s six regional divisions and to create “challenging products.” (Which may or may not — probably not — mean “Challenger.”)

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By on May 21, 2015

Fiat Aegea

Fiat, in conjunction with Tofaş R&D, revealed its new compact three-box Aegea sedan project at the Istanbul Motor Show. The new sedan, which will get a different name when it goes to production, is the first of three new models to be introduced for the EMEA region, replacing the Linea sedan and Bravo hatchback.

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By on May 5, 2015


Fiat Linea

In related news: Istanbul has an auto show.

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By on December 11, 2014


Today, 50 units from Nairobi-based manufacturer Mobius are set to be delivered to customers, marking the first step for the company as it aims to prove Kenya — and the continent of Africa — can produce just as well as it supplies raw materials.

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By on June 11, 2014


Nissan’s budget brand Datsun is ready to go to South Africa, the fourth market that the resurrected nameplate will either see again or for the first time.

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By on April 15, 2014

Toyota Land Cruiser 79 Bakkie

Though Toyota already has a presence in South Africa, the automaker is eyeing the last untapped market in the world: The African continent.

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By on November 8, 2013

Ford Ranger International

From the Blade Runner future in Dubai to the shores of Tripoli, Ford aims to launch an aggressive campaign in the Middle East and Africa markets through the creation of a fifth business unit that will consolidate the Blue Oval’s operations in the two regions.

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