NCBA – KMI Motor show attracts Over 40 Exhibitors

By Victor MUJIDU

The three-day NCBA – Kenya Motor Industry (KMI) Motorshow 2023 officially kicked off Friday captivating over 40 car dealerships and auxiliary brands including Kingsway Tyres, Silverstone, Inchcape, Subaru, AutoXpress, Salvador, Tireworld, GB Motors, Crown Motors, Tata International, Simba Corporation, Sairaj Ltd, ISUZU, Mobikey, CFAO Motors and Caetano.

The offering included a spectacular showcase of new trends and technology in the automotive industry as well as the remarkable progress that the automotive industry has made in Kenya.

The 3-day show is expected to attract more than 10,000 participants

Speaking during the kick off ceremony, Mr Naresh Leekha Managing Director at Simba Corp and the Chairman of the Kenya Motor Industry Association (KMI) highlighted the uniqueness of this year’s Motor Show as one that Is going to focus on promoting green energy usage by emitting less pollution to the environment.

Read: Kenya’s new auto sales decline 15 percent in 7 months to July

“This year’s motor show will be unique because the country is moving towards environmentally friendly cars. Most of the new vehicles will be futuristic and emit less environmental pollution.

As such, This year’s theme is “Cleaner environment moving forward” where exhibitors will showcase the variety of experiences through the endless development of automotive technology, especially the introduction of a new way of travelling in the new era to everyone”, said Mr Leekha.

The NCBA Group Managing Director John Gachora stated that the NCBA – KMI Motor Show 2023 has earned its reputation as a prestigious event that highlights the very best of the automotive industry in Kenya and that the event embodies the spirit of NCBA’s commitment to supporting the growth of Kenya’s transport industry.

“The NCBA – KMI Motor Show 2023 is more than just a gathering of cars; it is a celebration of innovation and progress in the automotive sector. As NCBA, we are proud to be a part of this remarkable event as it underscores our dedication to providing innovative asset finance solutions that empower businesses and individuals in Kenya.

We recognize the transformative power of the automotive industry in our economy and therefore, we are committed through our flexible financing options to make quality vehicles accessible to all Kenyans,” said Mr. Gachora

NCBA has in the past been celebrated as a market leader in vehicle financing, commanding over 35% market share, further growing a vibrant and efficient transport industry that supports socio-economic development.

“I invite car enthusiasts and indeed all Kenyans to come and discover revolutionary technologies that will improve and reshape the automotive industry.

From sleek electric vehicles to robust off-road SUVs, the diverse range of vehicles on display here reflects the ever-evolving landscape of the industry dealerships and auxiliary brands.

It’s, therefore, a chance for attendees to gain a deeper understanding of how innovation is shaping the future of mobility in Kenya,” Gachora added.

Throughout the past 25 years, KMI as the organizer has consistently improved many new services to facilitate all exhibitors and visitors as well as provide new experiences, especially by applying digital technology to disperse information, ticket distribution, and data collection for one and all.

We are confident that this year will prove to be more entertaining and involving with many interesting and engaging content activities in place.

“NCBA bank has what we call “carduka” which is an ecosystem for motor vehicles and we encourage all our partners who are here today to come in and be part of helping, you achieve your business success because you’re bringing all the industry players together to be able to sell their products, get financing getting insurance and or upgrade your vehicle if you want in terms of accessories”, said the NCBA Group Director Asset Finance and Business Solutions.

Meanwhile, the KMI report shows that about 45 per cent of vehicles were locally assembled while 55 per cent were imported within a span of a year (2017-2018) with the NCBA-KMI profoundly expecting to grow the country’s economy and make it an East African hub of motor vehicle assembly.