Latest in Automotive Highlight
Latest in Automotive
Egypt’s GB Auto, China’s Higer sign deal for local bus assembly franchise
Higer and GB Polo expected to drive localisation of electric, diesel, and CNG bus production
Egypt launches national trial of digital platform for government services
New platform offers 70 government services, including food rations and vehicle licensing
Egypt upgrading petrol-powered vehicle to CNG targets mass transportation: Kayan
Egypt’s long-term auto strategy focuses on local manufacture of electric vehicles, says Karim Naggar
Egypt private sector ready to participate in vehicle conversion to CNG initiative
Government needs to increase natural gas stations, to keep pace with nationwide CNG conversion, says Amr Suleiman
General Traffic Department denies changes to traffic citation
Source debunked social media rumours on alleged changes to traffic violation fines
All latest MINI models available now in Egypt: Bavarian Auto Group
New models are exclusively equipped with advanced MINI navigation system
Overpricing re-emerges in auto sector due to low supply
Gap between supply and demand caused increase in prices of some models: El Sabaa
Nissan releases fifth generation Urvan microbus in Egypt
Company introduces some modifications to new version of Urvan
Defining EV charging tariff is crucial incentive for establishing stations: Pundits
Absence of EV charging tariff has caused investors to refrain from launching EV projects in Egypt, due to huge losses incurred when providing electricity for free
Egypt’s used car market in turmoil after state decision scrapping old vehicles
State can make good use of auto parts, vehicle frames of scrapped cars, auto expert
GB Auto profits jump in H1 2020, despite fall in revenues
In a statement on its consolidated financial statements sent to the Egyptian Exchange (EGX), the company said that its sales in H1 of 2020. It added that this reflects a decrease of 14.1% to EGP 9.9bn compared to the EGP 11.5bn recorded last year.
LNG is 86 times more environmentally harmful than conventional fuels: ICCT
Study compared greenhouse emissions from LNG, MGO, low-sulphur fuel oil, and heavy fuel oil when used in ship engines
Egypt automotive seeks recovery from COVID-19 fallout
Hope, however, is gradually returning to the automotive market, with the gradual waning of the pandemic in its strength and the decision to co-exist with the virus.
Auto sector in Middle East: Loaming dreams and scattered hopes
Construction sector suffers short-term blow, Egypt’s heavy truck sales decline 8.4% y-o-y
Egypt’s auto market shows potential recovery as June sales surge 18%
This comes despite auto market sales in Q2 of 2020 reportedly being declining 3.8% y-o-y, and 35.3% quarter-on-quarter, amounting to 37,400 units.
Egypt takes serious steps to convert petrol-run cars to natural gas
Government starts converting old cars to work on natural gas, and limits new licences for bi-fuel vehicles
Fiat Chrysler, Waymo sign deal to develop autonomous commercial vehicles
Waymo will now work exclusively with FCA for development and testing of class 1-3 light commercial vehicles for commercial delivery customers
Opinion| The Egyptian Market and Electric Cars
The move is also to reduce the consumption costs of these cars and to provide hard currency, as well as to eliminate subsidies on current fuel. As electric cars are not subject to frequent breakdowns, the move can also prevent long-term customers from being exposed to fluctuating fuel prices.
Jeep wins big at OFF ROAD magazine awards
Jeep models dominate 4×4 specialist Readers’ Choice Awards with five top honours
Egypt’s car sector to see reverse trend down the road: Fitch
Construction growth eases slowdown in automotive sector, bus sales affected by tourism hiatus
NATCO appoints Yasser Ibrahim as CEO
Ibrahim possesses a distinguished international experience exceeding 28 years in the automotive field inside and outside Egypt.
Lexus Egypt launches new luxury RX crossover
Lexus vehicles feature progressive design, dynamic performance, and innovative technology
Electric vehicle production to revive Egypt’s El Nasr Automotive
Chinese carmaker partners with Egypt’s oldest auto manufacturer to produce 25k electric cars annually
Car lubricants, spare parts no exception in pandemic fallout
The COVID-19 spread also prompted many car dealers to trade spare parts online, where his company, for example, has provided many services that facilitate online purchases such as delivering car parts to homes at a discounted rate.
Egypt automotive sector sees continued fluctuations amid COVID-19
New car models like Opel Ingenia, and Peugeot 301 and 3008 to be delivered in July, says Ahmed Ghorab
Egypt’s automotive sales up 36% m-o-m in May
GB Auto market share declined to 13.9%, down from 19.5% in April
Mercedes-Benz showcases AMG models for first time in Egypt
Mercedes-AMG brand has achieved much success in sports car world, establishing it as unique high-performance brand
Recession continues to dominate car market
Recent sales plunge forced companies to reduce traditional marketing campaigns in favour of online marketing campaigns, says Auto Group
Bavarian Group launches BMW’s X5 M50i in Egypt
Sheer engine power and interior comforts make the German brand’s latest model a must-have and luxurious drive
Falling automotive demand could not limit US dollar revaluation’s impact on prices
Now is the time to buy new cars despite uncertainties surrounding the future, says GB Auto’s Drive