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Latest in Tag: auto

4th Egypt Automotive summit bears hope for auto industry

Workers in the automotive industry have participated in the fouth round of Egypt’s Automotive summit 2017 with great hopes for reviving the industry, amid the current fluctuations in the Egyptian car market. A number of auto experts believe that theis year’s summit tackled all the challenges facing the sector, notably the severe drop in car …

Daily News Egypt

Parliament’s Industrial Committee completes auto strategy in November

During the third session of the parliament, the Industrial Committee aimed to draft some laws, especially in the auto strategy, in addition to a draft law that regulates the work of the Industrial Development Authority (IDA). According to the chairperson of the Industrial Committee Ahmed Samir, the auto strategy is expected to be completed in …

Daily News Egypt

AIG to focus on selected products for growth in Egypt

AIG has announced that it has taken strategic steps to reposition its operations in the Egyptian market, the company said in a report issued on Sunday. “After careful consideration and a strategic market review, AIG will no longer offer Auto, Auto Fleet, Personal Property, or Pre-Underwritten Home insurance products in Egypt as of 30 April …

Daily News Egypt

VW overtakes Toyota as world’s biggest automaker

Riding momentum in emerging economies, Volkswagen has outsold its Japanese rival Toyota to become the world's top seller of automobiles. Toyota has sold 5.02 million vehicles so far this year, shy of VW's 5.04 million. In a watershed moment for the German auto giant, Volkswagen was able to take the top spot globally in terms of sales volume in the…

Deutsche Welle

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