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Latest in Tag: car sales

2017 to witness deflation in car sales, to increase in H2: Ghabbour

The negative impact of the Egyptian pound’s flotation on the automotive sector is not tangible yet, said chairperson of the board of directors at GB Ghabbour Auto, Raouf Ghabbour. He added that the decision reduced the value of Egyptians’ reserves in banks by almost 50%. He believes that the main problem is that Egypt’s economy …

Hisham Salah

Car sales on the rise in Germany

Car sales in Europe’s power house have increased again in recent months, the German Association of the Automotive Industry has reported. And despite VW’s pollution scandal, diesel cars are in high demand.

Deutsche Welle

US car sales up, but VW suffers

Car sales in the US are on track to shatter last year’s record of 17.5 million units shifted to customers. But German carmaker VW continues to feel the impact of its scandal over its emissions-cheating software.

Deutsche Welle

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