Kenya to start assembling Volkswagen
Volkswagen back in Kenya is more than four decades after the German auto giant stopped production in the country in the 1970s, it will join other brands already present in Kenya, including Isuzu, Toyota, Nissan and Mitsubishi.
According to VW, it was planned to first assemble up to 5000 models Polo Vivo, making Thika automakers third production site in Africa, after South Africa and Nigeria.
After meeting the leaders of VW Wednesday in Nairobi, Kenyan President Uhuru Kenyatta said I am pleased to welcome Volkswagen Group, currently the largest car manufacturer in the world, back to Kenya.
Although VW hopes to increase its turnover in the East Africa region, Kenya car market is dominated by imports of used cheap countries like Japan Kenya meets mainly trucks, pick-ups and bus kits supplied by foreign manufacturers.
Data from the Kenya National Bureau of Statistics showed, however, that the number of vehicles assembled between January and April decreased by 31 percent year-over-year to 2,258 VW partner KVM vehicles attributed the slowdown in difficult economic times for buyers, including higher interest rates and government spending cuts.
Neither the Kenyan government nor VW said how much the German automaker would invest in Thika and what full production capacity of the plant would be.
Diesel emissions scandal lawsuits, fines, disorders at the headquarters of VW Whatever Group sold more cars and light trucks than any other automaker in the first half of 2016, ahead of rivals near Toyota and General Motors July 25 2016.
More cars are coming off the VW assembly line than any other, but he did not say that they are cheaper to build A study proves that flexibility is the key to big profits, what Americans seem to have realized 17 August 2016.
The largest automaker unveiled plans to make a new place in the market for heavy vehicles in the US by offering to buy a large stake in Navistar's fourth largest truck manufacturer in the country Germany June 9, 2016.
VW reached a tentative agreement to compensate US concessions.
The embattled automaker has reached an agreement in principle to compensate its 650 US dealers for Volkswagen sued damages for his cheating scandal emissions August 25, 2016.
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