Volkswagen plans to double output from Kenya plant: Kenyan presidency - News Summed Up

Volkswagen plans to double output from Kenya plant: Kenyan presidency


A Volkswagen logo is pictured at the newly opened Volkswagen factory in Wrzesnia, Poland, September 9, 2016. REUTERS/Kacper Pempel/File PhotoNAIROBI - 13 January 2018: German automaker Volkswagen plans to double output at its Kenyan assembly plant and could build a second model there, Kenya’s presidential office said without giving a timeline.VW set up the vehicle assembly plant in 2016, resuming production in Kenya after a four decade break. The plant has started by assembling VW’s Vivo model.President Uhuru Kenyatta was told by VW’s South Africa chief Thomas Schaefer “the firm was exploring producing a second model in Kenya, possibly a hatchback - small SUV - while doubling production of the VW Polo Vivo to at least 300 vehicles,” the presidential office said in a statement late on Friday.VW has long experience operating in emerging markets. But Kenya’s car market is dominated by low-priced, second-hand imports from countries, such as Japan.Other brands assembling vehicles in Kenya include Isuzu , Toyota, Nissan, Mitsubishi and Peugeot.


Source: Egypt Today January 13, 2018 10:52 UTC


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