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#1 (permalink) |
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GMI Staff Member
Join Date: Jan 2003
Location: SE Texas
Posts: 13,421
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General Motors, Africa Motors ink deal
General Motors, Africa Motors ink deal
16th July, 2007 New Vision Online GENERAL Motors East Africa has entered into partnership with Africa Motors and Machinery (AFM) to sell the former’s vehicles in Uganda, writes Ibrahim Kasita. General Motors’ managing director Bill Lay said the deal is designed to make car ownership enjoyable. Lay said the partnership was the only way to ensure General Motors’ global leadership and growth projections were met. He said General Motors recognises the East African Community as one of the major emerging markets in the world. Maggie Kigozi, the Uganda Investment Authority executive director, said the partnership was a sign of confidence in the stability and growth of the Ugandan economy. Source: http://www.newvision.co.ug/D/8/220/576363
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#4 (permalink) |
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GMI Staff Member
Join Date: Jan 2003
Location: NJ
Posts: 5,636
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Re: General Motors, Africa Motors ink deal
Good news. I wonder if GM will use some of their products from GM-South Africa in this market as well?
Anyone have info on Africa Motors? Are they just a distribution outfit like Delta Motors was in South Africa?
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Email: nadepalma@gminsidenews.com "La vita è come un albero di Natale..c'è sempre qualcuno che ti rompe le palle!" "You cannot help men permanently by doing for them what they could and should do for themselves" -Abraham Lincoln "Democracy is the worst form of government except for all those others that have been tried" -Winston Churchill "In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress" -John Adams |
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#5 (permalink) | |
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4.4 Liter Supercharged Northstar
Join Date: Feb 2006
Location: Fairfax, Iowa
Posts: 2,262
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Re: General Motors, Africa Motors ink deal
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www.timmyshavingfun.com Political commentary welcome, all bans banned. I may be shallow, but counter it by also being dense. |
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#6 (permalink) |
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7.0 Liter LS7 V8
Join Date: Dec 2003
Location: In front of my computer
Drives: 2006 HHR
2002 Corolla-Before I saw the light
Posts: 8,051
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Re: General Motors, Africa Motors ink deal
Africa Motors must be an outfit that distributes vehicles, its probably a wholy private concern.
GM has a long history of manufacturing Vehicles in Kenya. going back almost 40 Years. They own 51% of a plant on Mombasa Road and the Kenyan government own 49% or vise versa. They even brand their own vehicles, The primarily sell Isuzu, pick ups, trucks and Buses but, I think a switch to Chevy is coming. Their is now an influx of Korean Chevy cars in East Africa,, being sold by GM, and have previoulsy sold Opel Astra's. Unlike Toyota other Europeans, GM has always been pro active in Africa, provinding capital and helping build local manufacturing and supplier capabilities.
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Before Understanding comes Faith "Legislatures represent people, not acres or trees"-Earl Warren |
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#7 (permalink) | |
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3.5 Liter V6
Join Date: Nov 2003
Location: North Carolina
Drives: 1998 White Bonneville SE
Posts: 296
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Re: General Motors, Africa Motors ink deal
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#8 (permalink) |
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3.8 Liter V6
Join Date: Nov 2004
Posts: 446
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Re: General Motors, Africa Motors ink deal
An article found in Google dated September 2005 has the headline "GENERAL MOTORS AND Mantrac has formed a joint venture and created a new firm, Africa Motor and Machinery to assemble Isuzu, Opel and Chevrolet vehicles "
So it looks as if Africa Motors is already part GM. |
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#9 (permalink) |
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4.4 Liter Supercharged Northstar
Join Date: Jul 2004
Location: Middle America
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Undisclosed Car
Posts: 2,381
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Re: General Motors, Africa Motors ink deal
That is good. Africa needs all the help it can get to advance from a struggling state to a healthier state, and I'm glad GM is participating in it. I am sure the vehicles they'll sell there are the less expensive ones (i.e. bare-bones features, just for basic transportation needs) that the economy can absorb the cost of.
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#10 (permalink) | |
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3.6 Liter V6
Join Date: Oct 2003
Location: Houston, TX
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2003 CTS - Sold
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Re: General Motors, Africa Motors ink deal
Quote:
Last edited by rueben44 : 07-17-2007 at 03:01 PM. |
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#11 (permalink) | |
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5.3 Liter Vortec V8
Join Date: Oct 2004
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Re: General Motors, Africa Motors ink deal
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#12 (permalink) |
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Firebird Concept (the turbine one)
Join Date: Mar 2005
Location: Houston, TX
Posts: 11,271
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Re: General Motors, Africa Motors ink deal
Interesting...it looks like GM wants to expand in an area where cars probably isn't that big of a market. But what I bet is that this area will expand VERY VERY soon and relatively fast too. GM is just trying to get a jump start on this.
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#14 (permalink) | |
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7.0 Liter LS7 V8
Join Date: Oct 2003
Location: Montréal, Québec
Posts: 8,706
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Re: General Motors, Africa Motors ink deal
Quote:
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What will destroy our country and us is not the financial crisis but the fact that liberals think the free market is some kind of sect or cult...That’s not what the free market is. The free market is just a measurement, a device to tell us what people are willing to pay for any given thing at any given moment. The free market is a bathroom scale. You may hate what you see when you step on the scale. ‘Jeeze, 230 pounds!’ But you can’t pass a law making yourself weigh 185. |
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#15 (permalink) | |
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3.8 Liter V6
Join Date: Jun 2005
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Re: General Motors, Africa Motors ink deal
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