NAIROBI, Aug 6 (Reuters) - Kenya's Mobius Motors, which started making rugged, low-priced SUVs designed for Africa's roads a decade ago, has decided to stop operating due to financial challenges, a ...
Having secured $50 million in funding thanks to the Pan-African Investment Company, Mobius can finally put the latest evolution of its low-cost SUV into production. Things have changed some in the two ...
NAIROBI, Aug 15 (Reuters) - Kenya's Mobius Motors, which makes low-priced SUVs designed for Africa's sometimes poor quality roads, has accepted a takeover bid from an unidentified buyer, it said on ...
Mobius Motors, which pioneered production of a stripped down car model for African roads, the Mobius, plans to boost production next year with its new Mobius II, it said on Tuesday. Automakers such as ...
Wuerth Group will shut down its Kenyan subsidiary at the end of May 2026, ending nearly three decades of operations in East Africa. Wuerth Kenya Ltd informed customers in a notice dated March 10 that ...