“Ethiopian” cars proving to be a success

Posted on September 10, 2010

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With the rising purchasing power within Ethiopia’s small-but-growing middle class comes the aspiration to drive better cars. But it still has to be affordable. Holland Car, a Dutch-funded company, is making this possible by assembling cars in Ethiopia with cheap imported parts.  A unique solution on the African continent.

It costs a small fortune to get a second hand vehicle from Europe through the port of Djibouti into landlocked Ethiopia. Although taxes on second hand imports have been reduced recently, one of those supposedly cheap cars can still cost double its price once it has gone through customs. A twenty-year-old Toyota Corolla, for example, can easily cost up to 12,500 euros…

Read more in English and French on the website of Radio Netherlands Worldwide.

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