CMC Motors invests Sh1 billion in turnaround strategy
CMC Motors Group has announced a new, far-reaching structural and cost-reduction strategy aimed at fast-tracking growth and boosting profitability in the company.
The key to this strategy, announced by the largest automotive distributors in East Africa, is a renewed commitment to quality and customer service.
Chief Executive William Lay said the operational changes include re-organisation of management structures and procurement policies, which will increase efficiency, optimise financial performance, and ensure compliance with local and international standards of corporate governance.