Kantanka sells an average of 300 cars annually; pleads for more Gov’t support

What's in the news

As The Ghanaian government embarks to regulate the importation of used and salvaged vehicles to pave way for global automobile giants planning to set up assembly plants in Ghana, Ghana’s sole local car maker, Kantanka Automobile Company Limited, is pleading to the state not to retract on its promise to help them expand.
The company, which says it has produced and sold over a 1,000 cars since 2017, wants government to intensify its support by persuading public institutions to patronize its vehicles.
In an interview with CBN, Sales and Marketing Executive of Kantanka Automobile Company Limited, Ebo Safo Kantanka remarked that government must support the company by instituting laws that will compel the purchase of their vehicles. “Although few of the municipal assemblies are using our vehicles, it must be a law for every municipal assembly or government institution to start buying from Kantanka so that this company will grow. It will be sad if in five years’ time Kantanka automobile will be no more. Every Ghanaian will be very sad. So we are just saying that let’s help Kantanka to grow”.
Kantanka Automobile Company Limited, which made history as one of Ghana’s few local car manufacturers, has an objective to create a niche market with diverse brands of vehicles that meets the income status of the citizenry.

What’s the future of Kantanka automobile without Government support?


Data available from the Ghana Revenue Authority (GRA), Customs Division, indicates that between 2005 and 2016, more than 1 million vehicles were imported into the country; representing an average of 100,000 cars per year. This figure shows that without policies put in place by government the automobile company may be put out of business
Source: Citi Business