Car and General Kenya(Car&General) was the week’s top price gainer when trading closed this Thursday, its Share Price rising 2.48% to KSh 51.75 from the previous KSh 50.50. Over the past few days, the listed auto dealer’s share price has gained significantly from KSh 45.50 on October 3rd to KSh 50.50 on October 7th 2025.
Car and General share price has been appreciating as news that it is testing plans to move its two and three wheelers from internal combustion engines to electric, filters through the market. This year, the firm has been aggressive in increasing sales of electric vehicles in Kenya and compressed natural gas vehicles in Tanzania. It has been working with the supplier to deliver these products that are fit for purpose.
Car and General is a leading supplier in East Africa, of power generation, automotive, construction and industrial engineering products from international brands.
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The firm’s investment in 2 wheelers and 3 wheeler electric vehicles in Kenya and the three wheeler compressed natural gas vehicles in Tanzania, has gained traction in the market. According to its directors, infrastructure developments for electric, charging and gas supplying are being undertaken and this is expected to boost the firm’s exponential growth.
Available figures show that Car and General shares have risen since the beginning of the year, with a year to date increase of 127%.
With the switch to electric vehicles gaining traction in Kenya, Car and General has placed huge bets on this transformation. While this is going to take time because it is a long play, Car& General appears committed to the journey.
Car and General Half-Year Financials 2025
According to the firm’s unaudited financial results for half-year ended 30th June 2025, net profit increased to KSh 637m from KSh 62m the previous year. The firm’s regional subsidiaries in Uganda and Tanzania, DRC, Nigeria and Sierra Leone.
Earnings Per Share, an indicator of profitability for Car and General, increased to KSh 7.93 from KSh 0.78 in first half of 2024.
Directors of the firm declared an interim dividend of 30 cents per share.
According to analysts, Car and General’s improved financial performance, and handsome dividend payouts, have boosted market sentiments and driven up its share price.
Top 10 individual shareholders of Car and General Plc as at December 31st 2024 include Paul Wanderi Ndungu with 6,419,922 shares or 8%, Rakesh Prakash Gadani, 1,612,460 or 2.01%, Gidoomal Chandan Jethanand with 884,436 shares or 1.10% and David Kyuli Kaindi with 608,256 shares or 0.76%.
Others are Peter Makau Kieti 435,908 shares at 0.54%, Dr Ambubhai Narambhai and Mrs Kusumben Ambubhai 196,408 shares or 0.24%, Savitaben Velji Raichand Shah with 161,460 shares or 0.20%, Mrs Priscilla Kavutha Mwendwa with 152,064 shares or 0.19%, Stephen Kyalo Ngumbi with 145,304 shares or 0.18% and Eric Ndonye Ngumbi with 145,302 shares or 0.18%.
These 10 individuals together control a total of 10,761,320 shares or a 13.42% stake in Car and General.
With humble beginnings in 1936 in Nakuru, Car & General is now the company behind a wide range of power generation, automotive, construction and industrial engineering products in East Africa, with a product range that represents major global brands.
From the popular TVS motorcycles to Piaggio three-wheelers, Briggs & Stratton small petrol engine power products (water pumps, lawn mowers, generators, brush cutters), Garmin watches and satellite / GPS navigation devices, the firm also stocks the Mariner and Mercury outboard engines, Electrolux laundry equipment, MRF tyres and Motorol lubricants.
The firm’s equipment business consists of Cummins generators, Ingersoll Rand air compressors, Kubota agricultural tractors, Toyota forklifts, BT lifting equipment, Develon excavators and wheel loaders and ACE backhoes and graders.
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