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CMC eyes Govt business with launch of six new Ford Models

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The vehicles ranging from pickups, SUVs and transit vans are expected to appeal to a wider consumer base as the car dealer looks to...

CMC loses Volkswagen to DT Dobie in fresh blow

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IN SUMMARY DT Dobie’s agreement with the VW franchise owners takes effect Friday, with the dealer set to begin selling the saloon cars in October. DT...

CMC Shareholders’ Vote Ends Six Decades of Public Listing

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Shareholders of auto dealer CMC Holdings Monday passed a resolution to delist the firm from the Nairobi Securities Exchange (NSE), marking an end for...

CMC Buyout Offer Period Extended by Three Weeks

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A Dubai-based firm has given shareholders of CMC Holdings three more weeks to accept its Sh7.5 billion buyout offer. Al Futtaim was to close its...

CMC Applies Brakes On EGM

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Auto dealer CMC Holdings has postponed the Extraordinary General Meeting (EGM) scheduled for Thursday this week. This follows a request by the Dubai based Al-Futtaim...

CMC Prepares To Cut Jobs

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CMC Holdings has given up the legal battler to keep the Jaguar Land Rover (JLR) franchise as the auto dealer prepares to cut jobs...