Latest in Tag: Cars Highlight
Latest in Tag: Cars

GB Auto plans to exit its Libya business
Company took quick steps to put tuk-tuk in Iraq, despite security unrest
Vehicle emissions rising, e-cars stalled
Bigger cars, more miles, few e-cars: Germany’s transport sector carbon emissions are up. That will make it hard to meet the country’s ambitious 2020 CO² reduction target. Fresh impulses are needed. It’s a long-standing policy of the German government that every sector of the economy is supposed to be progressively decarbonized. Net zero national carbon …

Nine reasons Germany is an e-car nightmare
Germany is not only eco-friendly – it's also a car-making country. Although you'd think that would make it heaven for use of electric cars, Germany is way behind. DW reporters share results of a real-world test. Germany is known for its cars: Porsche, BMW and no speed limit on the Autobahn. But if you want to be eco-conscious and drive…
FEI presents proposal for automotive industry strategy’s principles
Transportation division forms committee with Industrial Development Authority to place implementation mechanisms for the strategy

4.9% increase in YTD automotive market: AMIC
Chevrolet, Hyundai and Toyota remain the market leaders in May 2015

GB Auto to feature 2 new cars by year-end: Executive VP
Company will open two new centres, launch S3 centre in Alexandria

10 specifications on imported cars to be applied by July
Some of the 10 specifications concern headlights, tyres, door locks, and speed metres, amongst other items.

Banque Du Caire funds purchase of 1,000 cars in 1 month
Banque Du Caire has launched new fund programmes, such as the used cars’ loan programme launched this month.

German auto companies, ECA conflict ongoing
German companies present the issue to Al-Sisi during his visit to Germany

SFD allocates EGP 10m to convert 2,000 cars to natural gas
SFD contributed towards conversion of approximately 17,400 cars by providing financing worth EGP 87m, says Secretary General

EGP 960m capital increase for GB Auto to reach EGP 1.094bn
Shareholders, purchasers exercised right to participate in EGP 960m capital increase, which will be allocated to investing in tire manufacturing facility

Chevrolet, Hyundai lead automotive market sales
Volume of vehicles YTD sold reach 72,193 units

European passenger car sales in Egypt at EGP 1.1bn in first 2 months 2015
Skoda Octavia surpasses Peugeot 301 sales as topmost of European car sales in Egypt at EGP 297m
Chinese car sales in Egypt amount to EGP 280m in 1st 2 months 2015
Speranza Tiggo beats Geely Emgrand 7, becomes one of most sold Chinese cars in Egypt
Locally manufactured car sales decrease by 14%, imported cars at 34%
Ten most sold cars in Egypt outlined

Hyundai Verna most sold car in Egypt
EGP 1.4bn in Korean car sales in Egypt in the first two months of 2015

Automotive market to finalise specifications for cars
First ten specifications will soon be implemented on imported cars
Cairo National Automotive establishes Star Brokerage
By Mohamed Azab The Egyptian Financial Supervisory Authority (EFSA) approved the establishment of a direct brokerage company for insurance, according to the Law 10/1981, modified by Law 118/2008. It was established in favour of Cairo National Automotive (CNA), the Mercedes agent in Egypt. The company was established under the name of Star Brokerage, with a …

Automech-Formula presents new car models in Egypt
Egyptian International Motors company (EIM), the Kia and Renault agent in Egypt, presented three new Renault cars: Sandero, Sandero Stepaway and Logan Automatic, as well as Kia Cee’d, with prices ranging between EGP 165,000 and 185,000 and an engine of 1,400 CC as well as 183 horsepower.

Auto Feeding Companies withdraw from Automech Formula Exhibition
12 AFC subsidiaries have asked to participate in AFE, but some companies decided not to participate

“Million Car” project to save country $5bn annually: EAFA Chairman
The project aims to solve the problems of the automotive industry, unemployment, the import and export problem of the auto feeding industries

26 cars to purchase under EGP 20,000
Fiat, Renault, Skoda and Toyota all made Dubizzle’s list
The Best Selling Cars in Egypt of 2014
“Infographics Designed and Compiled by GO-Gulf Web Design Dubai. ”

Halting import law must be considered: marketing director at EIM Group
Resolute application of traffic rules would limit chaos in the streets, says Nevine Khalifa

Aston Martin launches in Egypt
Various models of Aston Martin will be available on order

Customs reduction for European cars forces used auto market into recession
The decision led to the postponement of many purchasing decisions until the new prices are implemented.

Automech Formula exhibition set to kick off in March
Organising company prepares to build display tents to accommodate growing attendance

Customs confuses automobile market calculations
Pilot prices for European products rang between fact and fantasy, agents complain about excessive customs values
2014: A year above expectations
Highest sales volume recorded for the past five years, Auto sales rebound despite the political circumstances

10 quality specifications applied on local and imported automobiles
Egypt is competing with China in car component prices, says board member at Chamber of Engineering Industries