Whispers Wire

CMC Motors Group Ceases Operations Across Kenya, Uganda And Tanzania

CMC Motors Group has announced its decision to shut down operations in East Africa.

This means they will stop operations in Kenya, Uganda and Tanzania.

This will mark over 40 years of business within the countries.

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The decision followed an evaluation of business in light of sustained market challenges such as economic pressures, currency depreciation and rising operational costs.

CMC Motors groups has been known for the vital role in supporting East Africa\’s agricultural sector through the delivery of quality service, mechanization solutions and steadfast support to its customers.

However, despite the restructuring efforts and transformation program initiated in 2023, the marked conditions did not provide a sustainable path forward.

After Over 40 years of operations, CMC Motors Group is set to cease operations in Kenya, Uganda and Tanzania citing sustained market challenges such as economic pressures, currency depreciation and rising operational costs. pic.twitter.com/6ddjJML7Ri

— BRAVIN YURI (@BravinYuri) January 17, 2025

During the transition, the company will be committed to supporting its employees and will ensure a smooth and orderly wind-down in adherence to all relevant agreements and regulations.

CMC Group Limited was the fifth largest importer of vehicles and the fifth largest car assembly in Kenya also the largest economy in the East African community which was founded in 1912.

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