Ethiopia Unveils First Locally Made Sedan

Oct. 19, 2007
The four-cylinder Abay with five-speed manual transmission will cost $16,000.

With parts imported from China and two years after it rolled out a plant, Ethiopia has unveiled its first locally assembled sedan automobile. The car named Abay -- Amharic for the Blue Nile -- was launched Oct. 18 by the joint Ethiopia-Dutch firm Holland Car Plc.

"We are bringing new technology to the country, offering customers the ability to buy new cars instead of older and more expensive ones from Europe," Tadesse Tessema, co-founder of the company said.

The four-cylinder Abay with five-speed manual transmission will cost $16,000. It also offers an anti-lock braking system and is available in five different colors. The firm imports parts from China.

Ethiopia is among Africa's huge car importers and charges up to 150% import tax, according to the transport ministry.

Copyright Agence France-Presse, 2007

Popular Sponsored Recommendations

The Benefits of Continuous Thermal Monitoring

Oct. 17, 2023
Read this eBook to learn more about collecting and using data intelligently to improve performance.

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!