Latest in Automotive Highlight
Latest in Automotive
Nissan to produce new locally manufactured car in 6 months
$100m total company investments in Egypt: Mardrus
Mohamed Zaky to establish Kattameya services centre with initial investments of EGP 30m
Last month, Mohamed Zaky Automotive celebrated the inauguration of the latest services centre for SEAT cars in Kattameya, with an EGP 12m investment.
WCO settles dispute between ECA, German agents in Egypt
The source also pointed out that one of the German companies imports cars at €33,000 and sells them in the Egyptian market at over EGP 1.250m, while the cars’ real price should be about €64,000.
Ministry of Industry postpones car manufacturing strategy
Strategy will be re-discussed in cooperation with the Egyptian Council for Cars, says El-Tobgy
10 specifications on imported cars to be applied by July
Some of the 10 specifications concern headlights, tyres, door locks, and speed metres, amongst other items.
Bridgestone offers new Ecopia fuel saving tyres
New tyre saves 12% of fuel consumption, will be offered to trucks from August: Ahmed Yehia
Presidency adopts truck manufacturing project for youth
Instructions were issued to Ministry of Military Production to deliver 2,000 vehicles on daily instalment of EGP 100
Shafik Gabr holds on to Skoda agency
No truth to reports of selling the agency, we are increasing the number of the company’s agencies, says chairman
FEI Transport Division, IDA prepare 2 proposals for auto industry strategy
Strategy presented to Minister of Finance to study sector’s tax system
3% reduction in car sales during first 4 months of 2015
The market recorded sales of about 14,800 passenger cars in April, compared to 15,200 in April 2014, with a reduction of 2%, while buses sales increased to reach 2,700 buses compared to 2,500 buses, with an increase of 9%.
Youth car to be launched for EGP 20,000
AAST will design the car, while production will take place in the AOI
German auto companies, ECA conflict ongoing
German companies present the issue to Al-Sisi during his visit to Germany
German automotive companies file lawsuit against Egyptian Customs Authority
German companies filed a lawsuit against the authority in objection to the application of indicative prices.
Toyota launched operations in spare parts distribution centre
Toyota sales during the first quarter of 2015 reached 7,300 vehicles
27 Indian car manufacturers, merchants to visit Egypt in June
Egypt in third place in feeding industries in Middle East and Africa
Automotive market parties establish Egyptian Automotive Council
No one can deny market is divided, council is chance to reunite, says El-Tobgy
Fictitious discounts advertised in Egyptian automotive market
Market indicators illustrate some companies sell certain cars below fair prices, experts say
Total to open two petrol stations this month, aims for 10 stations in 2015
“We provided our stations with the special machines for distributing fuel by smart cards,” says PR Manager
EIM raises Kia price by EGP 6,000 in April/May
Delivery time for Renault Stepway is seven months
Ford to launches 2 new cars in next few months
“Our decision depends on the country’s vision for the automotive industry,” says Sivagnanam
Volkswagen, Audi working at full capacity: Former chairman
The businessman emphasised his complete respect for the judicial decisions against him, but added that he had appealed the decision to dismiss him from his position.
Dollar exchange rate forces increased automotive prices
Sector workers cannot keep up with increase in taxes and customs
EOS applies 10 standards on imported cars
Applying the 10 standards on imported cars is still vague, says representative
Goodyear celebrates 10 years in Egypt, offers new tyres
Egyptian market consumes 5m tyres per year, says regional General Manager
Company facing defamation campaign by a foreign investor: ETA
630 employees and their families are threatened
Mercedes Benz enters Algeria after exiting Egypt
Company’s car assembly in the local market is not achieving further economic benefits
14.9% car sales growth in Q1 of 2015
Chevrolet acquires 23% of market, Verna is most sold passenger car
General Motors Egypt launches new product with EGP 180m investment
The managing director of General Motors in Egypt and North Africa, Tarek Attia said that they are committed to more investments in the future.