The once-powerhouse of East Africa’s agricultural and automotive sectors, CMC Motors Group has announced the disposal of 70 motor vehicles, just hours after shutting down operations in Kenya, Tanzania, and Uganda.
In a gazette notice dated January 17, CMC Managing Director, East Africa, Yasin Seker urged the owners of the various motor vehicles to clear their accounts and take delivery of their respective vehicles within the next three months.
“Pursuant to section 5 of the Disposal of Uncollected Goods Act (Cap. 38) of the laws of Kenya, the registered owners of the following motor vehicles to clear their accounts and take delivery of their respective Motor vehicles within ninety (90) days from the date of this publication,” read the notice in part.
The disposal will take place in Nairobi, Mombasa, Eldoret, Kitale, Nakuru, Meru, and Kisumu counties.
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CMC Motors Announces Disposal of 70 Vehicles
The vehicles up for disposal include a range of make and models, such as Range Rovers, Land Rovers, Mazda 7400 (Salvage), Ford Rangers, New Holland TT75 tractors, trailers, and more.
In Mombasa, a variety of vehicles including the Range Rover, Land Rover, and several New Holland TT75 tractors are available, while in Kitale, the vehicles up for disposal include a Peugeot 504, Ford Bantam, and New Holland.
Eldoret has vehicles like the Eicher 10.75 and Ford Ranger, while Kisumu has a Leyland truck, and Meru has a Toyota Corolla.
In Nairobi, a wide selection of vehicles is available, including Range Rovers, Discoveries, and Suzuki Vitara models, along with various Ford models such as the Ranger, Mondeo, and Bantam.
Other notable vehicles include Mercedes Benz, VW Passat, VW Golf, Audi, and Land Rover models, including the Free Lander and Defender.
Additionally, there are Ford Everest, Mazda BT 50, and VW Toureg vehicles available.
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Automaker Shuts Down in Kenya After 40 Years
CMC Motors, a leading distributor of agricultural machinery and renowned passenger car brands across Kenya and the region for over 40 years, announced its closure on Friday, January 17.
Acquired by Dubai-based Al-Futtaim Group in 2014, the company cited ongoing market challenges, including economic pressures, currency depreciation, and rising operational costs, as the driving factors behind the shocking decision.
“CMC Motors Group has decided to gradually wind down operations in full compliance with local regulations and distributorship agreements,” said the company in a statement.
It added, “Despite restructuring efforts and a transformation programme initiated in 2023, the prevailing market conditions have not allowed for a viable path forward.”
“This decision follows a thorough evaluation of the business in light of sustained market challenges, including economic pressures, currency depreciation, and rising operational costs.”
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