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Geely Emgrand 7

GB Auto tops Chinese car sales with 97.3% of the market

GB Auto topped the list of bestselling Chinese cars in the Egyptian market with 97.3% of the total Chinese-manufactured auto market. The competition over the market share was between Geely and Chery. The two brands, Geely and Chery, made sales of 4,875 units over the first half (H1) of 2016, out of a total of …

Daily News Egypt

Chery takes first steps with GB Auto by raising its prices

Geely decided to raise the price of Emgrand by EGP 9,000, and Pandino and Pandino X by EGP 3,000 each. Chery, and its agent in Egypt GB Auto, raised the price of Envy by EGP 7,000 and Tiggo by EGP 9,000. Brilliance and MG kept their prices unchanged from May through June. A previous tour …

Daily News Egypt

GB Auto investments suspended due to dollar shortage: Ghabbour  

GB Auto’s new investments are suspended due to the dollar shortage, CEO of GB Auto Raouf Ghabbour said Tuesday at the Egypt Automotive summit. He told Daily News Egypt they have been communicating with Indian Bajaj Auto, the technical partner for the group in the motorcycle factory, regarding the local component ratio. Those plans however …

Hossam Mounir

GB Auto launches four-part plan to face dollar shortage

By Mohamed Ahmed GB Auto has announced a four-part plan to deal with the foreign currency shortage and its impact on fair competition with imported vehicles. The plan’s first element concerns flexibility in pricing of products to maintain margins of profit as long as possible, as well as taking precautions against any unexpected developments or …

Daily News Egypt