CMC Motors Group has announced its decision to cease all its operations in Kenya and two other countries which will result in mass job losses. The Group on Friday, January 17, 2025, announced its decision to gradually wind down operations in Kenya,
Regional motor vehicle dealer, CMC Motors Group has said it will gradually wind down operations in Uganda, Kenya, and Tanzania due to sustained market challenges.
CMC Motors has announced that it is winding down operations and will eventually exit the Kenya, Tanzania and Uganda markets. This, the firm said, follows sustained market challenges "including economic pressures,
CMC Motors Group has announced plans to gradually wind down its operations in Kenya, Tanzania and Uganda, marking the end of an era for the company in East Africa. In a statement, the group assured that the decision to cease operations will be executed in full compliance with local regulations and distributorship agreements.
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