Latest in Tag: GB Highlight

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Latest in Tag: GB

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

Egypt’s GB Auto posts 40% fall in Q4 profit

Reuters – Egyptian auto distributor GB Auto reported a 40.6% drop in fourth-quarter net profit while revenues rose nearly 20% to EGP 2.819bn ($405.00m). The company said 2013 full-year net profit dropped by nearly 47% to EGP 116m, while revenue was up 10% to EGP 9.130bn. It said it is targeting gross profit of EGP …

Daily News Egypt

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