King Long releases microbus with 70% local components
New model was launched at price of EGP 210,000
Zamzam Mostafa
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Latest by Zamzam Mostafa
Contracting procedures for old car replacement standardised across all banks: Trade Minister
Citizens can access payment plans up to 7-10 years under initiative
High turnout in vehicle replacement scheme at Go Green Exhibition
Egypt’s Trade Minister calls on citizens to register online, contact hotline for enquiries
Daily News Egypt test drives Škoda Superb
New car model is equipped with front-wheel-drive system, 1,400cc 4-cylinder engine that generates 150 hp and 250 Nm of torque
Apex Racing Team EV wins 1st place at Cairo Rally for Electric Vehicles
Team’s orientation towards EV racing comes as part of state’s plans to move towards electric vehicles
Kayan Egypt witnesses sales boom thanks to Octavia 2021
1,000 units of new car sold within 2 months after its launch
Daily News Egypt’s test drive of Mercedes GLA emphasises family feel, safer driving experience
The cabin of the Mercedes GLA is smooth and comfortable to use, providing a touchscreen dashboard with an MBUX system that can be controlled either through a touch on the screen or through the steering wheel buttons.
Land Rover launches Defender model for first time in Egypt
The price of the Land Rover Defender is EGP 1.65m for the 2000 cc class, and EGP 2.5m for the 3000 cc class.
‘Overpricing’ leads to sales decline in Egypt’s automotive market
Consumer reluctance to buy vehicles is fuelled by surge in prices
Coronavirus pushes passenger car sales forward in Egypt
Passenger car sales in Egypt increased 24% during September 2020 on annual basis
Car factories in Europe remain open, import quotas fixed: Naggar
Domestic market concern has come on the back of repercussions of novel coronavirus (COVID-19)
21 November deadline for installing electronic Traffic Department sticker
Hammad added that, whilst the old licence was delivered, the new licence can be obtained with the same e-sticker attached, which can be installed on the vehicle by traffic unit specialists.
Egypt’s car market once again threatened by second COVID-19 wave
Auto sector will not be affected, unless world car factories are completely shut down
Used cars see rising popularity in Egyptian market, with Korean brands taking sales lead
Careful inspection of cars prior to purchase is necessary to ensuring its good quality: experts
Egypt CPA issues instructions on vehicle pricing to protect consumers
Instructions are to ensure customers can access their rights to know vehicle prices, says CPA official
Egypt’s presidential facilities in auto sector attract investments
Customs incentives whet investor appetite in auto sector
2021 car models catch consumer’s eye, low supply reignites price increase
Parallel car market actually created by agents, through which more cars are imported, says Kayan Chairperson
Egypt private sector ready to participate in vehicle conversion to CNG initiative
Government needs to increase natural gas stations, to keep pace with nationwide CNG conversion, says Amr Suleiman
Defining EV charging tariff is crucial incentive for establishing stations: Pundits
Absence of EV charging tariff has caused investors to refrain from launching EV projects in Egypt, due to huge losses incurred when providing electricity for free
Egypt’s used car market in turmoil after state decision scrapping old vehicles
State can make good use of auto parts, vehicle frames of scrapped cars, auto expert
Egypt automotive seeks recovery from COVID-19 fallout
Hope, however, is gradually returning to the automotive market, with the gradual waning of the pandemic in its strength and the decision to co-exist with the virus.
Egypt takes serious steps to convert petrol-run cars to natural gas
Government starts converting old cars to work on natural gas, and limits new licences for bi-fuel vehicles
Electric vehicle production to revive Egypt’s El Nasr Automotive
Chinese carmaker partners with Egypt’s oldest auto manufacturer to produce 25k electric cars annually
Car lubricants, spare parts no exception in pandemic fallout
The COVID-19 spread also prompted many car dealers to trade spare parts online, where his company, for example, has provided many services that facilitate online purchases such as delivering car parts to homes at a discounted rate.
Recession continues to dominate car market
Recent sales plunge forced companies to reduce traditional marketing campaigns in favour of online marketing campaigns, says Auto Group
Coexistence with COVID-19 revives Egypt’s car market
More people will buy cars to avoid possible infection in public transport
Used car consumers remain cautious due to ongoing economic uncertainties
Used car sector dealers generally positive despite global pandemic
Egypt’s vehicle inventory starts moving as licensing resumes
Local assembly does not face global supply chains disruption problems
Local auto sector slowly recovers as vehicle licensing resumes
The pandemic has stymied the global automotive sector, causing disruption to production in factories and reducing the workforce. This has in turn seen global sales slashed by a whopping 51.8% during March.
Preliminary contract remedy for commercial transaction affected by notary’s offices closures
To protect rights of sellers, date of contract should be written down to disclaim responsibility for any violations that may occur after date of transaction