CMC takes on fast trains with plan for low-cost cargo trucks

Auto dealer CMC Holdings plans to expand its heavy commercial vehicle assembly plant to cut unit costs and stem anticipated stiff competition from high-speed trains set for launch next year.

The CMC Motors Group chief executive officer Mark Kass said the expansion will see the firm produce most of its commercial vehicles in the country.
“In the next three years we want 75 per cent of all our heavy commercial vehicles to be locally assembled.