Latest in Automotive Highlight
Latest in Automotive
Egypt Automotive Summit’s 7th edition reviews national strategy to develop auto industry
We hope to solve the chip shortage crisis by 2023: Al-Mansour Automotive
Production of first batch of BMW cars assembled in Egypt to kick-off in 1Q 2023: Global Auto Group
This edition is also witnessing the return of the luxury brand to the market after car enthusiasts waited for so long.
Mercedes-Benz Egypt on track to open logistics hub in Suez Canal Economic Zone
In September 2021,Mercedes-Benz Egypt signed a contract with the Suez Canal Economic Zone to allocate land to establish the logistics hub.
Ezz Elarab Group launches Ferrari Egypt
Ferrari is officially landing in Egypt following an agreement with the Ezz Elarab Group, known for representing the world’s most high-end, premium, and luxury vehicles in the country. The new partnership with Ferrari was celebrated with a grand opening event on 27 June. The new collaboration will reignite the enthusiasm for the brand in Egypt. …
10 worst muscle cars ever made
These cars were part of American culture during 1960s and 1970s
Volvo plans to expand in Egypt through fully electric vehicles: Head Business Development EMEA
Ezz Elarab Automotive Group Opens the Doors to the Latest Volvo Showroom in One Kattameya
Citroen removes controversial ad after social media backlash
The ad, starring the famous singer Amr Diab, sparked controversy due to accusations of promoting the harassment of women using a camera feature that the vehicle is equipped with.
Glimpses of Egyptian automotive market in 2021
More than 36 new car models enter Egyptian market
Ezz Elarab Automotive Group opens its latest Aston Martin showroom in Egypt
First-of-its-kind showroom features Formula One elements
India’s car rental giant Zoomcar raises $92m in private placement
Company expanded MENA operations to include Egypt in October
Rivian IPO marks largest Wall Street debut since Facebook
On Thursday, Rivian Automotive announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share. At the time of print Rivian stock registered at $129.95 and it is forecast to reach $132 by the end of trading on Monday.
Renault Duster 2022 customers complain over delayed delivery
Several customers that made reservations more than three months ago say that the company did not provide any information regarding a specific date of delivery. They said that when they contact EIM, they are only met with procrastination. The customers explained that the delay had negatively impacted them, as the legal period for delivering the car after reservation is 3 months, according to the contract between them and the Renault agent.
XCeed: The New KIA surprise for fans of the Korean brand in Egypt
The 1.5 turbo engine generates 160 horsepower and a powerful performance placing the car at the top
Aston Martin Egypt celebrates newest James Bond movie in cinemas with its iconic models
“No Time To Die” features Aston Martin DB5, Aston Martin Vantage, Aston Martin DBS, soon-to-be-released Aston Martin Valhalla supercar
Rolls-Royce reveals its first electric vehicle, Spectre
First electric Royce to be released in late 2023
Electric vehicle technology invades Egyptian market
Egypt aims to keep pace with global shift towards clean energy
Egypt’s El-Nasr Automotive, Uber test drive Chinese electric vehicle ‘E70’ ahead of local production
Local production of E70 model is scheduled to start by H2 of 2022
Rimac, Brightskies partner to develop functional safety management of ‘Nevera’ vehicle
Rimac Nevera is set to be one of fastest cars in world
Volvo, Daimler Truck, Traton to launch heavy-duty trucks charging network across Europe
Volvo Group, Daimler Truck, and the Traton Group have signed a non-binding agreement to install and operate a high-performance public charging network for heavy-duty long-haul trucks and coaches across Europe. The joint aim is to initiate and accelerate the build-up of charging infrastructure, to enhance customer confidence and to support the EU’s transformation to climate-neutral …
Egypt produces 1st locally designed electric bus able to travel 300 km on single charge
Egypt has successfully produced the first locally built electric bus, in a bid to keep pace with the global trend of switching to electric vehicles (EVs). A total of 60% of the bus was made up of local components and was fully built by Egyptian workers. Last week, the Ministry of Military Production announced that …
Egypt sees 61% growth in private car sales during 5M 2021
Truck sales increased by 64% to 20,200 units in 5M 2021, compared to 12,500 in same period last year
Two Lamborghini Urus crossovers complete 6,500 km tour across Japan
Tour visits Miyajidake Shrine, and then moves to Hiroshima, with a stop at Atomic Bomb Dome
Geneva International Motor Show to return in 2022 after 2-year hiatus
Pandemic forced show to cancel its 90th edition in 2020
Ghabbour Auto to continue eyeing growth of financing arm GB Capital: CEO
Company anticipates reEGPase of Drive mobiEGP application in H2 2021
Egypt’s Trade Minister outlines customs clearance conditions for imported electric vehicles
Conditions aim to limit electric car imports to encourage national industry
Egypt, Hyundai to discuss car replacement initiative amid component shortages
Global producers such as GM, Ford, and Stellantis have witnessed production cuts due to shortages of semiconductor chips
Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn in one month
Egypt automotive sales drop marginally due to seasonality impacts
Additional postponement on part of customers affected sales
Easy Ways to Buy a Used Car
When they go shopping for a used car, most people usually do not think clearly and get emotional over the deal
Egypt to see car prices variation in March as overpricing returns
Car sales in Egypt increases by 26.5% during 2020 to record 231,200 units