Toyota Motor’s Kenyan unit announced that it expects to see its market share to grow to 27% in 2012, from 26% in 2011.
The company will start assembling its Hilux and Hino models in Kenya in 2012, said Managing Director Hylton Bannon.
“By bringing production facilities to Kenya, we will lower our costs and it will enable us to be a lot more competitive,” Bannon said.
Toyota has invested US$2m for an outlet in the Nairobi suburb of Westlands and plans to invest another US$2m to open another one in the Gigiri area in 2012, to improve customer service.