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Holland Car Plc of Ethiopia rolled out its new car called Abay on Thursday, AFP reported from Addis. Abay with a four cylinder and five-speed manual transmission will cost $16,000 dollars, in comparison the Manufactures Suggested Retail Price for a Honda Civic LX 2007 5-speed manual is $16,710 dollars in the United States according to edmunds.com.
Holland Car PLC imports the parts for the car from China, AFP wrote.
"We are bringing new technology to the country, offering customers to buy new cars instead of older and more expensive ones from Europe," Tadesse Tessema, cofounder the company, said according to AFP report.
Abay is the second line car from Holland Car PLC after it assembled a smaller compact car that sells for $10,000.
According to the transport ministry, Ethiopia is among Africa's largest car importers and charges up to 150 percent import tax, AFP wrote.
About Holland Car PLC
Holland Car is producing and distributing cars in Ethiopia. The products are fulfilling the specific needs of this market. Holland Car PLC is established in 2005 and is a joint venture between the Dutch company Trento Engineering BV in Sittard (50%) and the Ethiopian company Ethio-Holland PLC in Addis Ababa (50%). This cooperation is combining the expertise of production equipment and processes (Trento) and the knowledge of the local market (Ethio-Holland). The production-site of 20.000 square meters is situated in Modjo, about 65 km south of Addis Ababa. The sales-office and the service-dealers are located in Addis Ababa
Source Holland Car PLC
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That’s greta!! We expect more from tho good work.
This is a pure woyane propaganda people don’t have a daily food to eat we still are under west’s hand outs they are talking about luxury boyance, black eyed pea now an auto mobile first secure the food program and try to eradicate poverty then in to luxury in my opinion forget about the car business and concentrate in agriculture in stead of an auto mobile how about tractors for now
Oh Sweet. When left alone, or supported, individauls and private companies can deliver miracles in a very short time. It is when government has a very heavy hand that economic progress stalls to a halt.
Another woyane company!
Had woyane been not there, the old Asmara bus assembly could have been the biggest car manufacturing firm in East Africa.
what a great news. I didn’t expect they will make such beautiful cars. This what our mother land needs. not hate politics. Go GO GO ABAY. keep on the good job.
God bless Ethiopia
Brilliant! and good news!
This will be a corner stone toward generating locally trained vocational people.
Good job Ethiopia! keep moving ahead slowly and we will get to the promise land
Although this is a music to our ears – this news i.e. “Abay’s car Rolls Out” is bound to irritate the die-hard CUD supporters and their disciples.
As a matter of fact we know that CUD and the likes seems to be addicted in fabricating hate politics by exploiting every news including a good news such as this to justify perpetual misinformation.
They all seem to be ignorant of the very fact which is development requires not development talk by stooges like them but an action at fair playing field.
I am sure they are bound to tell us we know more than anyone else.
The “I KNOW IT ALL” syndrome is the disease afflicting the CUD and their disciples BUT so far it isn’t known to be contagious through social contact other than deep political influence and disguised nationalism.
Kindest regards, Zena
Congratulations and good luck to Abay.
However, first car assembled in Addis was AWRARIS, at Orma garage, more than half a century ago. I remember seeing the picture of an elegant long nosed, chubby chicked,classic car. I wish some one who knows about it could tell us more.
Your eyes will rain tears beqnat, bisbis Eritrean. You have no idea what Ethiopians will do. Gena mn ayiteh! You keep on begging for the sick sheep from Australia while we are doing all that can be done in out capacity. Thanks to God that you are gone, the bugs that had been sucking our blood for years. Now it is time for us to do the job of our country’s development, once the bugs are gone.
do you expect us to use a horse until you and your friends to get back with hammer 4x4.
If that is all you can think to write, i advise you “Please dont punish you little brain”
“First personal car assembled in Ethiopia…”
Wow! Derg assembled the first tractor in Nazreth and named it “Natfa”
And TPLF assembles a personal car and names it “ABAY”
Texas I dont think you have to object evrything.try to give credit for posetive progress,regardless of your poletical ajenda. I would say this is a good step forward. We talk about food security,I belive it can be achieved through creating new jobs,I hope this will do.not to mention the savings in Forex.However I believe that the price of the car is too expensive. Chinease are manufacturing cars costing $5000 nowadays.We dont need luxury get the basic for now.
Qudus for hard work!!!
The way things are progressing and with l
leadership of the current government,
will make poverty our past history.
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