28 brands to be revised, including Renault, Peugeot, Hyundai, Kia, Nissan, Mitsubishi, and Suzuki
Latest by Ahmed Amer
Geely’s Emgrand first among Chinese models with 5,057 sold in Egypt
The European personal car market in Egypt registered EGP 6.5bn in sales out of the approximately EGP 28bn in the personal cars market through the first 10 months of 2015. A total of 33,300 European cars were sold out of the 163,700 units the market registered. The Renault Logan remained in first place with most …
Nissan New Sunny tops the list of most sold Japanese car in Egypt with sales of EGP 1.3bn
US car sales account for 12.8% of market in first 10 months of 2015
Korean personal cars were able to sell 49,300 units of the total market sales of 163,000 units, with 30.2% of the automotive market in Egypt.
Imposing a tax does not constitute manipulation of the GATT, so long as all models are treated equally, says chief negotiator
AMIC revised projections it published in early December, when it anticipated that the market would close on sales of EGP 29.99bn during 2015, by selling 196,500 units, down by 6% from last year, when the market closed at EGP30bn last year.
The industry must make the most of Canal Zone projects, while learning from Dubai’s Jebel Ali, says Hussein Mustafa
Passenger cars sales amount to EGP 30bn, 32,900 buses were sold in 2015
Dollar shortage, free trade agreements are main challenges for local automotive industries, says GB Auto CEO
DNE reviews value of car prices before and after customs are added
Strategy to stimulate efficient environment for automotive industry in Egypt, says Qabil
Chevrolet tops market sales in 10 months with 52,800 cars
The Speranza Tiggo and Envy continued in second and third place respectively, without conducting any sales operations in September, causing the Tiggo to stop at EGP 263m with 1,969 cars sold and the Envy at EGP 134m with 1,675 cars sold.
Ghabour said the Ministry of Trade and Industry had overseen the writing of the strategy, which has been submitted to the cabinet for examination.
Qabil demands action plan from companies to increase competitiveness
The Hyundai Verna topped the list with sales amounting to EGP 1.5bn with 16,500 cars sold, considered the cheapest Korean car in Egypt.
The Skoda Octavia sold about 4,620 cars worth EGP 877m during the first nine months of 2015.
American cars were able to achieve sales of 19,400 out of a total of 146,000 cars sales in the market, with an acquisition percentage of 13.2%.
Nissan was able to record sales of 25,000 cars, acquiring 10% of the total number of units sold in the personal car market in Egypt.