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Egypt’s car sales continue to decline in September by 30%
Chevrolet maintained its top rank among the highest sellers in first nine months of 2017
Egypt automotive market under pressure amid elevated inflation, high borrowing costs
Vehicle prices on the rise despite lower demand, says BMI Research
Car sales fell by 45% in May
Expectations of further decline in sales due to increase in interest rate
Egyptian passenger car sales register EGP 35.3bn in first 11 months of 2016
Korean cars in the lead with a total of 43,700 units sold
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 …
Car sales fall by 32% during first half of 2016
Hyundai is competing against Chevrolet to top the best-sellers list and Nissan comes in third
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.
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.
Car sales fall 32% in January
Passenger cars sales drop 38%, busses 24.3%, and trucks by 18.4%
9% decline in car sales in October, compared to 1.6% in 2014
Chevrolet tops market sales in 10 months with 52,800 cars
Car sales continue to decline by 18% in September
Chevrolet tops car sales with 47,200 units sold
209,000 cars sold worth of EGP 24bn over nine months
5% decline YoY in August auto sales: AMIC
Private cars acquired about 69% of the market with total sales of 13,400 cars, compared to 18,500 during the corresponding period of the preceding year, a decline of 6%.
14.9% car sales growth in Q1 of 2015
Chevrolet acquires 23% of market, Verna is most sold passenger car
New Suzuki Ciaz to launch next week at EGP 122,500
The car’s engine has 4 cylinders with 1400 cc, generating energy of duplicate 107HP with automatic transmission. It includes features like a fingerprint key, centre lock, and more.