Sharp Daily
No Result
View All Result
Wednesday, May 27, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

CFAO Motors Commences Toyota Fortuner Assembly in Kenya, Boosting Local Automotive Industry

Joel Mugonyi by Joel Mugonyi
July 31, 2023
in News
Reading Time: 2 mins read

CFAO Motors has initiated the assembly of Toyota Fortuners at the Associated Vehicle Assemblers (AVA) facility located in Mombasa County. The company has invested Kshs 120 million in AVA for technology upgrades and training to support the new assembly line.

Read more: Roam’s New Electric Bike Assembly Plant in Kenya Marks a Green Revolution in the Mobility Sector

The plant was inaugurated by President William Ruto and is expected to generate direct employment for 100 people and indirect employment for 500 others. CFAO Motors is also committed to promoting local sourcing of parts through technology transfer and technical expertise.

Chairman Dennis Awori revealed that in the first year, they plan to assemble 350 vehicles, with the potential for a gradual increase in accordance with the National Automotive Policy and the growing market demand. The inclusion of the Fortuner assembly line expands CFAO Motors Kenya’s locally assembled vehicle range following its recent merger with DT Dobie.

RELATEDPOSTS

Joshua Anya

CFAO Motors Appoints Joshua Anya As Its First Deputy MD

July 26, 2022

Read more: Kenya’s BasiGo Expands E-Mobility Reach with Rwanda’s AC Mobility Partnership

Currently, CFAO Motors Kenya already locally assembles various vehicles, including the Land Cruiser LC79 series, Hino trucks and buses, Hilux single and double cab pickups, and the Toyota Hiace (mini-bus) at the AVA. Additionally, they assemble Mercedes-Benz trucks and buses, Hyundai trucks, and Volkswagen passenger cars at the Kenya Vehicle Manufacturers assembly plant in Thika.

Managing Director Arvinder Reel expressed optimism about the anticipated operationalization of the National Automotive Policy, which is expected to fuel exponential growth in the local assembly of vehicles. The policy’s implementation not only promises more job opportunities and increased local component manufacturing capacity but also presents Kenyans with the chance to own brand new vehicles at more affordable prices.

Read more: Toyota Kenya Rebrands to CFAO Motors Kenya

Email your news TIPS to editor@thesharpdaily.com

 

Previous Post

Safaricom Announces Planned Tariff Increase Following Court’s Decision on Finance Act 2023

Next Post

Career Forum with Ms. Ashely Njoroge: Propelling your Career

Joel Mugonyi

Joel Mugonyi

Related Posts

E-mobility

Kenya weighs payslip tax cuts as pressure mounts to ease cost of living

May 26, 2026
News

The Expanding Role of SACCOs in Kenya’s Credit Market

May 25, 2026
News

Kenya finance bill 2026;Key taxes, digital payments, crypto rules and impact on Kenyans

May 25, 2026
Analysis

Kilavuka exit sparks sh131m debate

May 25, 2026
News

The influence of global trade on investment and economic growth

May 25, 2026
News

Factors that influence property prices

May 22, 2026

LATEST STORIES

Bridging the Pension Coverage Gap in Kenya’s Informal Sector

May 26, 2026

Kenya Bankers Association’s 5% PAYE cut proposal

May 26, 2026

Kenya weighs payslip tax cuts as pressure mounts to ease cost of living

May 26, 2026
Kenya power technicians install a transformer at Ibutuka Village in Mbeere North in Embu County (Murithi Mugo, Standard)

Kenya plans coastal power barge as grid reserves run thin

May 25, 2026

The Expanding Role of SACCOs in Kenya’s Credit Market

May 25, 2026

Kenya finance bill 2026;Key taxes, digital payments, crypto rules and impact on Kenyans

May 25, 2026

Kilavuka exit sparks sh131m debate

May 25, 2026

The influence of global trade on investment and economic growth

May 25, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024