The recent announcement that Dubai-backed Al-Futtaim Group will be shutting down CMC Motors Group, the region’s automotive and agricultural sectors powerhouse for over four decades, has ...

In a statement, the group assured that the decision to cease operations will be executed in full compliance with local regulations and distributorship agreements. The group explained that the move ...

CMC Motors Group has announced its decision to wind down operations in Kenya, Tanzania, and Uganda, ending over 40 years of business in the region. In a statement, the company, owned by CMC Holdings ...

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. In a statement released Friday ...

After four decades as a powerhouse of East Africa's agricultural and automotive sectors, CMC Motors Group is shutting down operations in Kenya, Tanzania, and Uganda, leaving hundreds of its ...