Isuzu East Africa has started assembling its D-Max pick-up trucks in Kenya, ending the tradition of importing readymade light commercial vehicles from South Africa.
Importing car parts and assembling them locally will give the company tax benefits that will allow the Kenyan unit to lower the selling price of its Isuzu D-Max pick-up trucks.
As a rule, dealers who assemble vehicles locally are exempted from the 25 percent import duty levied on fully-built imported vehicles, an incentive that gives room for assemblers to produce cheaper vehicles in Kenya.
“Our import tariffs are lower on the (knocked down) KD kits, we (will) create employment and we (will) positively influence employee and customer morale by assembling the Isuzu D-Max locally,” Rita Kavashe, MD of Isuzu East Africa, said in a statement.
An Isuzu D-Max Double Cab vehicle costs about Sh3.85 million, according to details on Isuzu’s website.
This news was Culled from Business Daily
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