Portuguese Automotive Giant Salvador Caetano has invested KSh 350 million in Kenya’s automotive industry, launching a one-stop automotive hub in Kenya. The company which offers distribution, retail, and after-sale vehicle services for various Hyundai and Renault products plans to provide high-end services in its automotive workshop. The workshop will also provide showroom facilities for prospective Renault and Hyundai customers.
Speaking on the launch of the automotive hub, the company’s management said: “We are pleased to bring a unique service experience to the automotive industry in Kenya. We provide high-end services to suit your unique automotive expectations, offering a surprise and delightful ownership experience. Our Automotive hub is a one-stop-shop designed for quality, reliability and convenience.”
Salvador Caetano, the sole distributor of Hyundai and Renault in Kenya, will also launch a program to develop skills in automotive technology. The program focused around Hyundai will begin in 2020 Q4 in partnership with the National Industrial Training Authority (NITA).
Salvador Caetano to Set Up Local Assembling Plants
Salvador Caetano is in advanced stages to set up local assembling plants for both Renault and Hyundai in the country, looking to drive manufacturing as part of the Big Four agenda.
“Our operations support the vision 2030 and is another step forward in supporting the government’s ‘Big four’ agenda, including manufacturing, job creation and skills training. We assure Kenyans of quality services and a long-term commitment in the market. We are at an advanced stage for the local assembly opportunities for both brands, Renault and Hyundai,” reads a company press release.
Setting up local presence will allow Hyundai and Renault to create jobs locally, as well as receive preferential treatment when the government procures motor vehicles.
Kenya’s automotive industry has received growing interest in 2020. On March 8, Volkwagen started assembling its 7-seater Tiguan Allspace SUV. Similarly, Mahindra launched its locally assembled Scorpio Double and single cabs pickups on March 9. Other players who have boosted their presence in Kenya through local assembly plants include PSA Group and Urysia Limited, who partnered to assemble the Peugeot 3008. Further, Nissan earlier announced plans to manufacture the Navara Pickups in Kenya as it focuses on high-end growth markets.