Latest in Tag: Car Highlight
Latest in Tag: Car

Car sales fall 31.7% YOY in January and February
Passenger cars sales drop 33%, buses 21%, and trucks by 33%

Twin car bombs in Syria kill nearly 50 in regime neighbourhood in Homs
The city is a frequent target of attacks by the “Islamic State” (IS) and Al-Qaeda affiliated Al-Nusra Front. Sunday’s attack came as government and allied forces advanced on IS territory

Egyptian citizen run over, killed in car accident in Riyadh
The incident purportedly occurred following a dispute over who would cross the road first

Verna maintains Korean lead with EGP 1.81bn
Korean manufacturers sold 53,700 cars, acquiring about 30% of the total personal car market in Egypt.

Rate of car accidents increased by 3.5% in H1 2015 in Egypt: CAPMAS
The number of deaths however decreased by 2.7%, according to the report

Car manufacturers at risk of halting business
Egypt is losing significant investment opportunities in car industry, says Ghabbour

VW appoints Porsche head Matthias Müller as new CEO
The supervisory board of German carmaker Volkswagen named Porsche head, Matthias Müller, the company’s chief executive

Silicon Valley vs Stuttgart: Round 1, driverless cars
My way or the digital highway? Who will rule the roads of the future with driverless cars? Big tech and car industry heavyweights are headed toward a showdown as cars increasingly turn into digital platforms. The magic year seems to be 2030. Beyond this marker in time, a world of driverless cars awaits – according …

US joins German Ford bribe investigation
A German investigation of bribery at a Russian port now includes US authorities. Employees of automaker Ford and haulier DB Schenker are accused of paying bribes to expedite freight to a St. Petersburg car plant

Car sales decline in May
Overall car sales in first five months of 2015 increase compared to last year

Mercedes-Benz denies withdrawal from Egyptian market
Market is unstable due to fallacy of statements, lack of understanding, company heads say

3rd Cairo metro line to resume amid workers’ strike
Train driver involved in Sunday’s derailment referred to investigations

BMW new 2-series feature 1500 CC 3 cylinder engines
The first group of the model were already sold, says BMW Egypt Chairman
5 policemen killed in Al-Arish car bomb
The car bomb targeted a security checkpoint

Ministries of Industry, Finance need balance between Egyptian, European exporters: GB Auto SAE CEO
Customs exemption for Egyptians in the European market is 10% compared to 135% for Europeans in Egyptian market

Car sales grow 17% year-on-year in January
8.2% reduction in locally manufactured cars, compared to 48% increase in imported cars

Pirelli Egypt plans to expand production capacity
Studies of company’s new expansion to be finished in 2015, construction works will take 24 months

293,000 cars sold in Egyptian auto market during 2014
We expect to sell 352,000 cars in 2015 with a growth rate of 20%, says Mustafa Hussein

Review of indicative car prices law
Decisions are new beginning for re-structuring customs as a whole, says ECA

Formula 1 regulations change in 2015 championship
FIA made these changes regarding car fronts due to safety issues. Car fronts in the 2015 season will be of lower height with tapered ends, similar to those used in the 90s.
Federation of Egyptian Industries submits proposal amending automotive sector taxation
By Ahmed Amer The Federation of Egyptian Industries (FEI) has submitted a proposal to the ministries of Industry and Finance to amend the tax and customs system in place for the automotive sector. The proposal includes reassessing the sales tax on local and imported cars to boost domestic products, and granting advantages and competitiveness against …
Microbus-truck collision kills 14 in Minya
The victims were all passengers of the microbus, which overturned on the side of the Ring Road in Minya
7 killed, 4 injured in Aswan car crash
The accident involved a police car and another vehicle

Prosecution refers drivers responsible for Beheira bus crash to court
The crash left 18 school students dead

Road accident involving school bus leaves 18 dead
Armed forces sent a medical plane to transfer the casualties
Prosecution investigates child’s death on school grounds
Second child in less than a week – and third in a month dies in an accident inside school
2 die in new Aswan collision
Accident comes just one day after deadly collision in Aswan which claimed lives of over 20 people

Cars prices in Egypt grow amid consumer frustration
Car experts blame high US dollar exchange rates and popular demand for fuel saving cars for increase
At least 17 killed in microbus sinking in Luxor
All of the deceased belong to the same family, Luxor security says
33 killed after 2 tourist buses collide in Sinai
Prosecution team has moved to the scene to find out the reason behind the accident