Sharp Daily
No Result
View All Result
Sunday, December 28, 2025
  • 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

News

As mobile money grows, so does the question of protection.

December 24, 2025
News

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025
News

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025
News

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025
News

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025
News

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

LATEST STORIES

As mobile money grows, so does the question of protection.

December 24, 2025

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

Overview of the National Social Security Fund (NSSF) Act, 2013

December 24, 2025

Family demands probe into death of former likuyani MP Dr. Enoch Kibunguchy

December 24, 2025
  • 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