Latest in Automotive Highlight
Latest in Automotive
GB Auto to discontinue Hyundai representation in Iraq
Management decides to continue operations until mid-2020
FCA acquires 4.8% of total passenger cars sales in 2019
In terms of imported cars, fiat rose by two places to sixth place in 2019, after being able to account for 5.9% of sales in this category, a growth of 48% compared to 2018.
Egypt needs a new production strategy to keep up with international auto industry
Saad said there is a need to encourage small and large factories alike in order to promote a synergy that could cover the state’s target production volume, calling for grants and manufacturing incentives for companies and investors.
Raya Advanced Manufacturing searches for partner to produce electric scooter with highest local component
Negotiations to begin for electric scooter production in 2021
Strategy for electric car manufacturing in Egypt imperative
Licencing and setting up charging stations needed before manufacturing
Car price increase limits 2019 sales in Egypt: Focus2move
Chevrolet, Hyundai, and Nissan account for 50% of car sales in country
Egyptian market far from effects of Hyundai, Kia production suspension
2021 models most affected by Coronavirus, no increase in car prices in Egypt
Skoda plans to increase its market share in Egypt to 4.5%
Company to introduce new models of Scala, Kamiq in 2Q, 4Q2020, respectively
48% growth in Fiat Chrysler’s market share in Egypt
In terms of imported cars, FCA rose by two places to sixth place in 2019, after being able to account for 5.9% of sales in this category, a growth of 48% compared to 2018.
Mercedes-Benz B-Class: more practical than ever, chicer than ever
The all new B-Class comes in two different variants as B180 and B180 progressive. While both versions are generously equipped, the B180 progressive further offers electrically adjustable driver seat with memory function, Panoramic sliding sunroof, and the widescreen display.
Toyota Egypt opens integrated service centre in Sheikh Zayed
New centre to offer engine oil quick-change for first time
Al- Mansour group sales to grow by about 20% YoY in 2020: COO
Group to launch three to four new products in 2020, including the MG5 that launched at December end
Top 10 selling international car companies in 2019
Toyota at top with 10.24% market share, total 8.7m cars
Licencing fees exemption most important incentive for investment in electric cars
As for taxis and public transportations, electric cars will be the ideal choice for them, as they travel long distances daily. In addition, this would save operating and maintenance expense that affect the price of the tariff.
Stock protects car dealers, agents from Corona virus effect
Saad ruled out the presence of any obstacles that might hinder the entry of Chinese industrial products shipped from customs outlets, as medical checks and health security measures are carried out on agricultural products that are likely to be carriers of the virus.
20 models get discounts after cancelling custom duties on Turkish cars
Withdrawing controls of various cars, anticipation dominates consumers’ behaviour
Auto Store Green Plaza opens to serve new, used cars simultaneously
Auto Store Green Plaza opens to serve new, used cars simultaneously
GB Capital’s financing portfolio exceeds EGP 9bn in September 2019
GB Auto’s subsidiary, Drive, plans to increase its market share in factoring
How would zero customs on European, Turkish cars affect Chinese brands?
Chinese car companies, for the new year, did not reduce car prices in anticipation for market conditions improving, Saad explained. He noted that the recent drop in car prices is not solely due to custom removals of Turkish cars, but also to the decline in exchange rates.
Removing customs on Turkish cars adds to the burden facing used car market
From October to December 2019, an unusual boom prevailed, especially with the decline in the prices of new cars, which was followed by a decline in the prices of used cars.
Auto Store to expand its network to 6 branches by 2020-end
Company offers full warranty on used cars
Custom exemption of Turkish cars blows local feeder industries
Feeder industries are calling for incentives to promote their exports
Mwasalat Misr, AOI cooperate to produce Egypt’s first electric bus
Mwasalat Misr aims to inject EGP 3bn investments by 2023
International EV sales expected to reach 56m cars in 2040: Bloomberg
China is sweeping EV charging station market internationally
Car prices expected to continue downtrend in 2020
“Turkish cars” next year’s sales’ password
Volkswagen Tiguan: modern design, maximum comfort, and cutting-edge technologies
When the Volkswagen Tiguan was first released in 2007, it quickly became a worldwide success. With more than 2.64m units sold, the first Tiguan outsold many of its more established competitors in the compact-crossover segment.
Egypt Automotive summit to kick off 10 December
Under the patronage of Prime Minister Mostafa Madbouly, the 6th annual Egypt Automotive summit will be held in Cairo on 10 December in the presence of the Ministries of Industry and Trade, Finance, Military Production, and Public Enterprise Sector.
Volvo committed to boosting customer convenience in Egypt after customs removal: CEO
New electric car models to be launched soon in Egypt, says De Mesa
The Bernina GT: A breathtaking experience
The recent editions of the BerninaGT is a course of 5.7km on very good Swiss asphalt/tarmac road, beginning at La Rosa and ending at Ospizio Bernina. Elevation at the start line is 1880 meters, and cars have to tackle 52 curves and bends before reaching the finish line at 2328 m above sea level
Chevrolet’s unveils retro E-10 electric pickup concept
Vintage truck’s concept electric offers estimated 450 hp