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August 21, 2025
3h ago

Kenya in Deal to Lower Cost of Cars

Kenya in Deal to Lower Cost of Cars

The govt is seeking ways to lower cost of cars amid plans to change how customs duty on imported second-hand cars is calculated...

✨ Key Highlights

Kenya and Germany have renewed a cooperation agreement aimed at boosting local vehicle production and affordability. The focus is on increasing local assembly to lower costs and foster economic development within Kenya's automotive sector.

  • The agreement was highlighted by Germany’s Deputy Ambassador to Kenya and Trade Counsellor, Alexander Fierley, during a visit to the Kenya Vehicle Manufacturers (KVM) facility in Thika on Thursday, August 21.
  • CFAO Mobility Kenya is supporting KVM in resuming local assembly of Volkswagen brands like the Touareg, Tiguan, and T-Cross using a Completely Knocked Down (CKD) arrangement.
  • The partnership aims to reduce vehicle costs by lowering import-related expenses and promoting local labor, supporting local suppliers, and creating job opportunities.

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Kenya in Deal to Lower Cost of Cars