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Ethiopia gets its first automaker

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China's automakers aren't fooling around when it comes to aggressive growth.  While you don't hear much enthusiasm from European or North American automakers about the market on the African continent, There's already at least two Chinese carmakers who've set up engineering and assembly there,  as a way to expand beyond the borders of their home country. Holland Car is the first car assembly plant in Ethiopia , and it's kicking out a renamed Lifan 520.

Deals have been done to lift the tax currently levied on car parts intended to be used for assembly 

 

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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Wednesday 14 November, 2007 04:06 PM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson