President Uhuru unveils first assembled Mahindra carsPresident Uhuru on steering wheel of fully locally assembled Mahindra car (PHOTO: PSCU)President Uhuru has ordered the Kenya Revenue Authority and National Treasury to initiate plans of reducing taxes on cars fully assembled locally.He made the directive when he unveiled the first locally assembled Mahindra vehicles. The Mahindra Scorpio Single and Double cabin pick-ups were assembled at the Associated Vehicle Assembly (AVA Kenya) plant in Mombasa. “Further, to make locally assembled vehicles more affordable and available to Kenyans, I have also directed that the National Treasury and the Ministry of Trade, Industry, and Cooperatives hold discussions with financial institutions to create special products for locally assembled vehicles,” President Kenyatta said. With the launch of the two-vehicle models, Uhuru said Mahindra Motors has joined the list of globally renowned automotive brands that have chosen Kenya as their home. Other global automobile brands that are locally assembled in the country include Toyota, Peugeot, and Volkswagen.

Source: Standard Digital March 09, 2020 13:29 UTC