×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Read on the App

Peugeot makes comeback into Kenyan market with Sh1.2b deal

PSA Group Executive Vice-President, Africa-Middle East Jean-Christophe Quémard (sitting left) and Urysia Ltd Jean Claude Muenda sign an agreement during announcement of Industrilization Agenda at State House, Nairobi. (Photo: Boniface Okendo/Standard)

Peugeot signed a Sh1.2billion deal with the Government in a deal that will see the French automaker make a return to Kenya.

The move comes barely a month after President Uhuru Kenyatta inaugurated an assembly facility in Thika for Volkswagen. The German car maker assembled 25 vehicles in its first week of operation.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in