Latest in Automotive Highlight
Latest in Automotive
Bavarian Auto celebrates assembling new BMW G30 5 series
Local components at 45% of BMWs, says Zakaria
Renault introduces new Duster at 40th anniversary in Egypt celebration
Industry, trade, economy climate paving way for further expansion, says Walentynowicz
Al-Mansour Automotive begins exclusive distribution of Peugeot
Company invests €20m in spare parts in Egyptian market
FIA hands Ferrari €50,000 fine for F1 accident in Bahrain
The Fédération Internationale de l’Automobile (FIA) fined Ferrari €50,000 after the recent Formula One race in Bahrain where a Ferrari driver, Kimi Raikkonen, was released from his pit box too soon, knocking over a mechanic on the left-rear of the car. A clip of the accident circulated widely on social media. The mechanic, Francesco Cigarini, …
Revolta to complete customs release procedures for first electric cars shipment
Prices of imported units range from EGP 870,000 to EGP 2.45m
Abdel Rahman Sultan appointed CEO of Fiat Chrysler Automobiles-Egypt
Fiat Chrysler Automobiles (FCA) appointed Abdel Rahman Sultan as CEO at its office in Egypt, succeeding Francesco Monaco, who was recently selected to head the FCA’s office in Morocco. Sultan has 19 years of experience in the local automotive industry, where he held various positions at international car companies. Most recently, he held the position …
Nissan Egypt concludes Annual Regional Skills Contest
Customer satisfaction key element of company’s success, Maeda says
8 car brands lead price rises in April
The local automotive market witnessed a change in most car prices in April. The price moves included a number of models such as from Opel, Hyundai, Chevrolet, Mercedes-Benz and Ford. The price increases ranged between EGP 1,000, such as Chevrolet Aveo and EGP 40,000, like Mercedes C180. In March, the agents of Chevrolet, Hyundai, and …
Kayan Egypt opens showroom, service centre for SEAT in Abou Rawash
Cobra sports brand to launch in Egypt in Q4 2018, says El Naggar
Ferrari wins 2018 Formula One Grand Prix
German Sebastian Vettel wins F1 opener with Lewis Hamilton second
Emirates College of Technology wins Hybrid Electric Challenge in Egypt
British University in Egypt won Technical Performance award, Zewail University won Best Technical Innovation award
Al Mansour, Scope agree to distribute Peugeot in Egypt
New alliance expected to release 2 new Peugeot models
Egypt issues decision to import used electric cars
Minister of Trade and Industry Tarek Kabil issued a decree to allow the importation of used vehicles that work by electric motor (electric cars), except motorcycles, on condition of no more than three years from the year of production to the date of shipment or ownership. The minister explained in a press statement on Saturday …
DNE reviews major models at 88th Geneva Motor Show
The 88th Geneva International Motor Show, which took place at Palexpo convention centre from March 8 to 18, featured 900 cars by 180 exhibitors from different countries, in the presence of 110 European and world officials. The event received about 700,000 visitors. Daily News Egypt will review the most important vehicles exhibited at the event. …
Ezz Elarab launches all-new Volvo XC60 in Egypt
Ccompany aims to sell 650 Volvo cars by end-2018, source says
En2l injects EGP 100m of investments into transport logistics
Company considers expansion to Africa
Tesla investors approve massive pay plan for CEO Musk
A spokesman for the company confirmed the decision, but didn’t disclose how many of the votes Musk could secure.
DNE tour of GB Auto Prima plant
Production capacity of factory reaches 50,000 units per year
Smart Village hosts 6th annual Cairo Classic Car Meet
The Smart Village, in Sixth of October city, hosted on Friday Vintage Wheels Egypt’s sixth annual Cairo Classic Car Meet. The one-day event hosted about 200 vehicles and motorcycles that were manufactured between early 1924 and 1988. Mahmoud Ezz El-Din, one of the event’s organisers, said the number of cars and motorcycles participating in the …
EIT surprises local SUV market with Kia assembly deal
Locally-assembled Kia Sorento to go on sale in last quarter of 2018
PPF, nanoceramics guarantee time-defying vehicle: iPROTK founder
Centre offers protection of high-value vehicles’ original paint
Potential Polish investments in auto parts, motor oil, railways
A number of Polish companies are planning to inject new investments in the auto parts, engine oil, and railways sectors in Egypt.
Sharm El-Sheikh hosts 2nd round of Rotax Max Challenge qualifiers for kart racing
Competition’s main goal is to represent Egypt honourably at international events, Taha Moussa says
Egyptian International Trading Co to assemble Kia models locally
Company will offer luxury SUVs in three price categories
Egyptian auto market sales grow 10% in January
Sales in January 2018 reached 10,300 units, as price hikes reduce demand for cars
Limited changes in car prices during March
A quiet state of calm prevailed over most car prices in March. The price moves were limited to a few models of Chevrolet, Hyundai, and Mitsubishi, ranging between a EGP 500 increase for the Verna to EGP 20,000 for the Lancer. Chevrolet, Renault, Ford, Toyota, Chery, Hyundai, and BMW had already moved their prices in …
Chinese Geely acquires 9.69% of Daimler Holding’s shares
Chinese billionaire Li Shufu, owner of Zhejiang Geely Holding Group, said the group has become the largest shareholder in Daimler AG, the German owner of Mercedes-Benz, after it acquired 9.69% of its shares for an amount estimated to be $9bn, beating the shares of the Kuwaiti government in Daimler, which were estimated to be 6.8%. …
Al-Mansour offers new Insignia for EGP 530,000
Al-Mansour Automotive, the largest agent of Opel in Africa and the Middle East, unveiled the new version of the 2008 Insignia Grand Sport with German technology and high quality specifications, and then showcased its most advanced features in a modern design. This comes within the vision of Al-Mansour Automotive Company, part of the Mansour Group, …
Peugeot unveils new generation of 508
French automaker Peugeot has unveiled the new generation of its iconic sedan 508. The company revealed new features, showcasing a luxury and new vision in terms of the interiors’ design, as well as the exterior, ahead of officially unveiling the car to the public at the Geneva Motor Show to be held in Switzerland in …
MAZ truck production line launched in high gears: Military Production Ministry
MAZ truck production line at Helwan Machinery & Equipment Company was established in partnership with Belarusian MAZ company