Latest in Tag: Automotive market Highlight
Latest in Tag: Automotive market

Automotive market divided on impact of second COVID-19 wave on local sales
Closure of some car factories abroad due to coronavirus will lead to decline in Egypt’s car imports by 10%-20%: Brilliance Bavarian official

Egypt’s automotive market faces new wave of cuts
Car prices slashed across the sector as automotive sector feels the pinch in consumer pockets

Automotive market welcomes new price
European-manufactured vehicles will not be affected much by decision

2018 is the breakthrough of the automotive market
Many economic factors and crises have left their mark on the automotive sector during the current year, most notably the liberalization of the currency exchange rate, the shortage of the dollar availability, the high price of the “customs dollar”, the difficulty of imports and the Mercosur agreement. According to the latest data from the automotive …

Egypt automotive market under pressure amid elevated inflation, high borrowing costs
Vehicle prices on the rise despite lower demand, says BMI Research

European automotive market experiencing huge suffering in 4 year
The sales of European cars declined to their lowest pace in four years last month due to lower purchasing power and tax changes in Britain. Bloomberg News Agency reported that some companies, including Volkswagen and Ford, lost their share in the European market to Fiat Chrysler and NF automobiles, which attract customers with their distinctive …

Price decline is freshening hopes in the automotive market
Decline of prices is an initiative by the merchants that will not last for so long, according to El-Magd

Automotive market starts 2017 with price increases across 131 models
The new year for the automotive industry has begun with price increases across 131 models from every famous brand in the automotive market. This rise in prices came amid new estimates set by car companies on the cost of imported cars and their components in US dollars after the Central Bank of Egypt’s (CBE) decision …

Automotive market loses 25.6% of its sales in first 8 months of 2016
Passenger car sales declined by 25.6%, bus sales by 31.8%, truck sales by 25.7% compared to last year