Simba of Kenya Says Renault Considering Local Auto Assembly
- Company in talks with four manufacturers including Mahindra
- New-car sales seen growing 15% in 2018 on government orders
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Simba Corp., a closely held Kenyan company, is in talks with four automakers including Renault SA of France about assembling their vehicles in East Africa’s biggest economy.
The manufacturers are seeking to tap demand in an industry that’s expected to grow 15 percent this year, Chief Executive Officer Adil Popat said in an interview Wednesday in the capital, Nairobi. Another of the companies interested in making its vehicles in Kenya is Mahindra & Mahindra Ltd. of India, he said, declining to identify the other two.