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GB Auto market shares landed at 18.5% during August 2020
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.
New car models like Opel Ingenia, and Peugeot 301 and 3008 to be delivered in July, says Ahmed Ghorab
GB Auto market share declined to 13.9%, down from 19.5% in April
Now is the time to buy new cars despite uncertainties surrounding the future, says GB Auto’s Drive
Car sales nationwide have been negatively impacted by curfew and the halt licensing new vehicles between 19 March and 24 April.
Egypt’s automotive market unlikely to return to pre-coronavirus levels before August 2020, says Kayan Chairperson
Local assembly does not face global supply chains disruption problems
Several factories funnel their production to domestic spare parts market, says Tradeco’s El-Sayad
Reducing production and cutting out certain markets can offset losses: Kayan
4% increase in non-oil exports during January, says minister of industry
Under the patronage of Prime Minister Mostafa Madbouly, the 6th annual Egypt Automotive summit will be held in Cairo on 10 December in the presence of the Ministries of Industry and Trade, Finance, Military Production, and Public Enterprise Sector.
The seminar was attended by Chairperson of the Egyptian Automobile Dealers Association, Osama Abou El Magd, and a member of the Automobile Dealers Association, Montaser Zeitoun, and Gamal Askar, an automotive expert.
The automotive sector has recently been through several developments and decisions, which led to a leap in the domestic industry. The Egyptian government has taken various initiatives in an effort to create a strong automotive industry.
Egypt important market of Daimler for passenger cars, busses, says Schäfer
The General Federation of Chambers of Commerce in Cairo held a conference on Wednesday for the Automotive Division, which was attended by Omar Belbaa, Head of Division and Head of Belbaa Trading and Import Company; Wael Tarek Ismail, chairperson of Al Tareq Company for Trading, Importing and Distribution of Cars; Amr Hassan Sulaiman, chairperson of …
Experts and workers in the automotive sector in Egypt had conflicting opinions on the executive regulations of the Consumer Protection Law No. 181 of 2018, which was issued by prime minister in early April. The law provides the right for customers to replace or return any item without giving any reasons or bearing any expenses …
Mansco Automotive, the exclusive dealer in Egypt for the French Peugeot brand, has launched the Peugeot 508 brand – new sedan 2020 model – in the Egyptian car market. Egypt is the first country in the region to see the new Peugeot model, just three months after its launch in the European car market. This …
The events of the British University in Egypt’s (BUE) automotive exhibition kicked off on Monday, while being the first university automotive exhibition in the Middle East. The exhibition was inaugurated by Ahmed Hamad, the president of the BUE in Cairo, and Mohamed Aboulfotouh, the chairperson of Egypt Automotive, one of the exhibition’s organisers. Several companies …
A delegation from the Federation of Egyptian Industries (FEI) went to visit South Africa and some other African countries to look into the possibility of cooperation between both countries in the field of automotive industry and its feeding industries, because South Africa has become one of the most important countries in car manufacturing after the …
NMEG to increase production to 28,000 in 2019, aims to reach more than 20% market share
Daily News Egypt interviewed Raafat Masrouga, the honorary head of the Automotive Marketing Information Council (AMIC), over the current situation of the car market and the effects of the ‘Let It Rust’ boycotting campaign on the automotive industry. Masrouga spoke about the role of the AMIC and the credibility of its reports. He also discussed …
Sports car to fulfil all your needs at competitive price, standard capabilities
Decline was limited, will not stimulate car sales, say banks
How would car exports improve if government cannot realise industry’s importance?
I have agreed with minister of planning to put some of ministry’s assets in Egypt’s sovereign wealth fund, through two sub-funds dedicated for hotel management, real estate development
Partnerships with global investors to establish export-oriented projects: Nassar
GATT will be applied by January 2019
Customers coped by purchasing Chinese cars due to their lower prices, or buying second-hand vehicles
Many economic factors, crises have left their mark on current automotive sector