Latest in Automotive Highlight
Latest in Automotive
Nissan introduces new hatchbacks at Automach Formula 2016
The chairman and managing director of Nissan Motors Egypt, Isao Sekiguchi, said that the participation of Nissan Motors Egypt in the Automach Formula exhibition this year reflects its commitment to introduce the newest and most innovative cars to its customers in Egypt
BMW outlines new digital strategy
German luxury carmaker BMW has presented a new long-term strategy aimed at strengthening the company’s market position in the digital age. Autonomous driving and e-mobility are high on the firm’s agenda.
The automotive sector’s shaky road
The Egyptian automotive market can be described in three terms: “suffered, suffering and will suffer”. All the associated parties in the automotive market, including manufacturers, agents and dealers, are familiar with this situation. Those words reflect the internal state of fear, anxiety and confusion that hovers on the horizon. Nobody knows what awaits tomorrow. None …
Ghabbour Auto receives high-level delegation from Chinese brand Chery
Anticipated launch of six new models
Helwan University students win for Egypt at Baja SAE
Sitting down in an exclusive interview with Daily News Egypt, Yazid Abdullah, an engineering graduate from Helwan University, discusses his team’s participation in the Baja SAE
Automotive companies launch new models at Automech Formula 2016
The 2016 Automech Formula auto show will be held from 16 to 21 March
New ‘Brilliance V3’ SUV test-driven, presented in Automech Formula show
V3 is the first SUV launched by Brilliance in the past three years after the company stopped launching its cars soon after FRV and V5 SUVs achieved great sales in the Egyptian market
Expected increase in price of spare vehicle parts in coming months
Prices have not yet been affected as the quantities currently in the market were imported before the customs increase
Dollar crisis casts shadow on used-car sales and supply
Used-car prices increase by 30% to 40% amid limited imports of new cars
Volkswagen’s US boss Michael Horn resigns
The German carmaker’s top boss in the US has stepped down almost six months after the firm became embroiled in an emissions cheating scandal. Michael Horn said he was leaving Volkswagen to “pursue other opportunities.”
Ghabbour Auto provides service centres for Chery cars
Ghabbour Auto acquired the rights to sell the Chinese car after reaching a cooperation agreement with Chery International Company and Aboul Fotouh Automotive, the former agent of the brand
Chamber of Engineering Industries, IDA-Egypt to develop motorcycle industry
Head of Transportation Division of the Chamber of Engineering Industries Adel Bedir said parties are looking to establish a clear mechanism to manufacture motorcycles locally, rather than importing production components and re-manufacturing it locally
Kia launches fourth generation of Sportage
The Sportage boasts an engine with 1600 hp while the GT model has a turbocharger and all-wheel-drive
Car sales fall 32% in January
Passenger cars sales drop 38%, busses 24.3%, and trucks by 18.4%
Egypt will host first international competition for electric vehicles in March
The competition will encourage innovation and the creation of new ideas to develop aspects of Egypt and achieve the goal of maintaining the environment and the diversity of alternative energy sources
FCA launches new Fiat Linea in 2016
The new model of Fiat Linea is fast and allows for a comfortable drive in all conditions to suit clients’ needs
Kia launches new model of ‘Sportage’ in local market
Sportage SX has a two litre engine with 241hp and 353Nm of torque. The CUV is offered with both FWD and AWD, and power is sent to the wheels through a standard six-speed Sportmatic transmission.
Cairo grants temporary licences to auto showrooms until launch of “Auto City”
Fine of EGP 1,000 per day on illegal showrooms, says Ayman
Ghabbour Auto contributed $93m to the Egyptian economy in 2015
During the Suez Canal Global Conference, Ragheb stated that she expects Egypt to become a centre for the automobile industry in the Middle East, given its geographical location and free trade agreements
Automotive manufacturers claim EGP 27bn tariff contribution in rejoinder to CBE governor’s criticism
Current legislation does not attract large manufactures, says Mostafa
Thomas Zorn appointed CEO of Mercedes-Benz Egypt
Thomas Zorn was appointed the CEO of Mercedes-Benz Egypt last week. Zorn commented on his appointment, saying : ” I feel privileged to join the Mercedes-Benz Egypt team to head the passenger car business, here, in Egypt, and I am looking forward to continuing the positive development of the [Mercedes-Benz’s] past and to strengthening the …
Customs Authority, European automotive companies at loggerheads over tariff exemptions
A source with a German automotive manufacturer claims the company has remained subject to tariffs that were set to be reduced at the start of 2016
EGP 1.9bn in Verna sales in 2015
The Hyundai Verna topped the list of best-selling Korean cars, achieving sales of EGP 1.9bn throughout 2015, selling 21,000 units. The Verna is considered the cheapest Korean car in Egypt. Meanwhile Hyundai’s Elantra increased to second place, overtaking the Hyundai ix35. The Elantra achieved sales estimated at approximately EGP 1.1bn for 6,801 cars sold, while …
Al-Mansour Automotive introduces Opel Mokka to its showroom in bid to boost sales
The company will also open services centres and branches to halt 2015 retreat
Shell Lubricants Egypt to sponsor Automech Formula auto show
22 automotive manufactures will attend auto show with notable exception of Mercedes Benz
Record of EGP 34bn personal vehicles sold in Egypt in 2015
Korean cars topped auto sales at total of 58,000 vehicles, followed by Japanese and European sales
Logan tops European brands
The Skoda Octavia sold 5,154 cars worth EGP 978m in 2015; while the Renault Stepway came third in terms of sales, selling 4,183 cars at EGP 522m.
Geely Emgrand 7 maintains first place among Chinese cars
The Speranza Tiggo and Speranza Envy maintained second and third place respectively, having made no sales throughout the last four months of 2015
Nissan sells 14,000 New Sunny models worth EGP 1.6bn
Mitsubishi offers new model of Lancer EX in 2016
GB Ghabbour Auto to start manufacturing components of tuk-tuks, motorcycles locally
It plans to begin construction of its new factory in March or April