
Egypt’s auto market witnesses new wave of price cuts as automakers introduce 2020 models
Up to EGP 200,000 price cuts on 2019 car models, cashback rewards rolled out by many companies
Up to EGP 200,000 price cuts on 2019 car models, cashback rewards rolled out by many companies
Four of the world’s biggest carmakers have agreed to a multi-million-dollar settlement after their customers sought compensation in the wake of a mass recall of faulty Takata airbags.The settlement deal is worth $553 million (497 million euros) and covers claims of about 16 million vehicle owners who had sued carmakers Toyota, BMW, Mazda and Subaru …
Automakers record the first fall in October sales since the industry’s six-year crisis ended