Latest in Automotive Highlight
Latest in Automotive

Chevrolet leading market sales, followed by Nissan: report
Third quarter of 2018 marked sales estimates of 35,777 vehicles

Egypt’s automotive sales reach EGP 34bn in 9M 2018
Many economic factors, crises have left their mark on current automotive sector

ETA considers including electric cars in discounted VAT or exempting them
Incentives for electric cars creates competitive market, will help companies to manufacture them: George

Environment ministry submits a study on electric vehicles to Ministers Council this month
We aim to reduce carbon emissions, NAC to be first environment-friendly city: minister

EOS to announce electric cars standards in Egypt end-2018
Issuing details comes in view of UN agreement, which Egypt signed in 2012, it includes 143 standards

We will be supporting car industry in Egypt: EBRD
Car strategy will help attract foreign investors, says Lussny

Public enterprise sector ministry to launch promotional tour to develop El Nasr Automotive
Tour aims to attract bids to expand state-run company in cooperation with ECS

Daily News Egypt test drives Chery Arrizo 5 and Tiggo 4
We test drove 2 New Chery models, Arizzo 5, Tiggo 4, perused car specs, tested their safety, comfort

5th edition of Egypt Automotive to start 4 December under auspices of Prime Minister
Ministries of Trade, Industry, Public Enterprise Sector, SCZone will participate in event

Shell Egypt sponsors Egyptian rally driver ‘Yara Shalaby’
Company will launch informational media campaigns about Yara, provide her with technical support, funding

Nissan dismisses its chairperson Carlos Ghosn for tax evasion
His annual dues amount to EGP 347.4m

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 …

5th Annual Egypt Automotive Summit will kick off on 4 December
Wide participation in new round entitled Electric cars: a clean future

Prices of November deliveries moving slowly
Easy, breezy, car shifting price gears

Brexit paralyses automotive industry
Loss of easy access to largest market, parts suppliers could stop strong growth of UK automotive industry from 1.92m cars in 1972, down to 1.7m, 2.7m engines last year

Egyptian automotive sales reach EGP 34bn in last 9 months
Passenger cars priced between EGP 200,000-300,000 marked highest sales’ percentage 35,3%: AMIC

Egypt has potential to become industry focal point, trading centre for electric vehicles
Environment Ministry is working to expand sustainable transportation projects

Geyushi Motors aims to manufacture the first Faw vehicle in Egypt
Development of new strategy for automotive industry in Egypt prompted company to begin manufacturing V60 minivan model

EVER Egypt kicks off in New Administrative Capital
“This is just beginning of manufacturing pure Egyptian cars, Egyptians can do anything when given proper tools,” says Abdel Ghaffar

BMW to pay $4.1bn for control of China-joint venture
Firm considered biggest vehicles exporter from US to China, placing it firmly in crosshairs of trade war

GM cuts electricity consumption by 18%, water by 6% in its plants
Factory classified as non-burial waste productive plant, received UNIDO silver award for preserving environment

Auto prices move slightly in October after Automech Formula
More horses, fewer change: bold moves

Audi has serious presence in Egyptian market, increasing its sales spearheaded by luxury cars
In the last five years, Audi has been able to have a serious presence in the Egyptian market, and it was capable of increasing its sales spearheaded by the sales of luxury cars.

Automech Formula in Fifth Settlement: new start for car market
Egyptian market has all ingredients that qualify it to become a major centre for automotive industry in Middle East, Africa: Amr Nassar

MG for the first time at Automech Formula under the umbrella of Mansour
Three models meet market needs, a new model sees first light

Ioniq Hybrid 2019: Ghabbour Auto launches Hyundai’s first hybrid car in Egypt
Wide range of Hyundai models to meet aspirations of entire family in terms of strength, safety, technology

Porsche showcases Cayenne, GT2 RS 911 during Automech Formula
Cayenne is attainable in several models, Cayenne, Cayenne S, Cayenne e-hybrid, Cayenne Turbo

Automech Formula 25th session expects over 300,000 visitors to attend event
Exhibit will present 50 new models in local market

Automech Formula: Shell hosts Farfus, BMW M Motorsport team driver at DTM championship
Shell’s participation in exhibition this year will be unique, as company will engage in several events with partners in international racing circuit

Activation of automotive directives considered survival mechanism before implementing European partnership: Tamer El Shafei
Lack of strategy major element contributed to stopping the investments expansion