Hefty State incentives fail to reignite carmakers’ fortunes

Car manufacturers Peugeot and Volkswagen (VW) have failed to impress two years since they made a grand return to Kenya despite heavy government incentives, latest official data shows.

After the much-hyped re-entry of the two automakers into the Kenyan market, production of assembled vehicles in the first 10 months of last year remained a far cry from the peak of 2015 when 8,713 vehicles were produced in the same period.