General Motors ups production of big capacity PSVs to comply with state rules - News Summed Up

General Motors ups production of big capacity PSVs to comply with state rules


General Motors EA has increased its production of the NKR 26-seater buses in line with the government’s traffic decongestion programme. The company whose biggest buyer is the government, seeks to market the buses to Kenya's PSV industry in a bid to relieve Nairobi's CBD of persistent traffic congestion. GM's managing director Rita Kavashe said despite the high bank loan rates, the company hopes to sell at least 1,400 units by end year. "In terms of capability and capacity, we are able to advance in the East African region. There is a demand to increase production due to the increase in development initiatives such as the SGR (Standard Gauge Railway) development programme among others."


Source: The Star August 20, 2016 01:07 UTC



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