Headlines
- NCBA Unveils Kenya’s Most Attractive EV Financing Deal as Electric Vehicle Adoption Accelerates.
- Kenya’s Auto Import Sector Sees Quality Boost with Cars Kenya’s ISO Milestone.
- Africa is pushing for electric vans made from Chinese EV kits, with Nigeria and Kenya at the forefront.
- Roam Establishes an Electric Motorcycle and Tuk-Tuk Charging Network in Kenya.
- The TVS Apache RTR 180 is Introduced in Kenya by TVS Motor Company
- Tad Motors opens first electric vehicle line in Nairobi
- Russia Aims to Increase Its Automobile Presence in Ethiopia
- The Kenyan Market Will Soon See The Introduction of American Pickup Trucks.
- Sinotruk of China Unveils New Truck Models in Kenya
- Isuzu East Africa intends to introduce an electric car in Kenya in 2025
Automakers seen investing $615 mn in South Africa this year
OHANNESBURG: South Africa's automotive sector capital expenditure is projected to rise to 8.2 billion rand ($615 million) this year from 6.4 billion rand in 2016, the auto industry body said in a document seen by Reuters.
The National Association of Automobile Manufacturers of South Africa said in a memo dated February 7 that the sector's estimated capex was based on details supplied by seven major car makers and data from various sources relevant to Beijing Automotive International Corporation.
Car manufacturers in South Africa include Ford, Volkswagen, Mercedes Benz SA, Nissan and Toyota, among others.
The automotive sector, South Africa's largest manufacturing industry, expects a slight increase in new vehicles sales this year as economic growth gains pace thanks to commodity price rises and a recovery in farming.
Posted on : 05 May,2026 | News Source : ABNews
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