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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