Latest in Tag: European cars Highlight

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Latest in Tag: European cars

Experiencing new challenges

Starting 2019, all European-manufactured vehicles have become duty-free after applying the last phase of duties’ exemption in accordance with the Egypt-EU Association Agreement which caused a notable decrease in vehicle prices ranging from 8% to 15%. Customers in the Egyptian market had high expectations that this step will push car dealers to significantly reduce prices …

Daily News Egypt

Scenarios after Tax Cuts on European Cars

Egypt and the EU signed an agreement on 25 June 2001 in Brussels to establish a free-trade zone for a maximum period of 12 years from the time the agreement goes into gradual effect, while liberalising Egyptian imports from industrial goods of the EU extending to 16 years. This agreement requires reducing European car customs …

Mohamed Al-Roubi

1,996 units of Opel Astra sold in six months

Opel Astra maintained its position in leading sales of European cars in Egypt between January and June, registering sales of 1,996 units worth EGP 495m. During that period, Kia Sportage—manufactured in Slovakia—recorded the second highest sales with 1,941 sold units worth EGP 543m, followed by Peugeot 301, which recorded sales of 1,191 cars worth EGP …

Daily News Egypt

Opel Astra tops best-selling European cars in Egypt

Opel Astra maintained its position leading sales of European cars in Egypt between January and May, registering sales of 1,776 units worth EGP 440.4m. Kia Sportage, manufactured in Slovakia, came in second with 1,366 cars sold over five months worth EGP 382.5m. Peugeot 301 was ranked third with 975 sold units worth EGP 136m. Opel …

Daily News Egypt

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