Car and Genral taps into motorcycle tyres

Motor dealer, Car and General has expanded its portfolio to include motorcycle tyres retail business to tap into the rapidly growing two wheel motor market. The company hopes sales from the new line of business with Indian made MRF tyres will shore up its declining motor sale profits. Car and General’s net profit dropped by eight per cent to Sh288 million shillings in 2012 while turnover declined by five per cent to Sh5.8 billion shillings...