Automotive groups seek to develop car-making industry north of SA
A group of car makers led by Ford and Nissan executives will seek to work with Kenyan authorities to develop an car-manufacturing industry there, building on talks with Nigerian MPs. The African Association of Automotive Manufacturers, which includes Toyota, General Motors, BMW and Volkswagen, has formed to take advantage of a surge of interest from African governments in building vehicles. In August, the group urged Nigerian President Muhammadu Buhari and officials to limit the inflow of barely used second-hand cars and firm up policy for car making and parts supplies. "What we talked to them about in all the meetings is that if you are really interested in this then it can’t just be about bringing assemblers in," group chairman and Ford sub-Saharan Africa CEO Jeff Nemeth said in Pretoria. "It’s got to be about bringing in the whole value chain, the whole ecosystem." Interest in developing automotive industries in sub-Saharan Africa has risen as oil-and commodity-reliant countries ...
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