Latest in Tag: Cars Highlight
Latest in Tag: Cars

Banks seek to support car manufactures
Banks face little demand for car loans, sayd Director of Barclays for retail and branches sector

Consultations with Eurasian Union to sign free trade agreement: Minister of Industry
The agreement would open up a market of 400 million consumers

Vehicle manufactures and CPA seek common ground
Both sides sat at Egypt Automotive Conference to discuss how to better the relationship between automotive manufactures, the CPA and complaining consumers
Second-hand market offers Cairenes weekly bargains
Cars and busses dust the people as they rummage through the piled up products. Framed by broken wooden bars, sales partitions are buried in a narrow alley of one of Cairo’s cemeteries. In Souq Al-Gomaa (The Friday Market), a variety of second-hand products are sold, ranging from toys, books, cassette tapes and antiques to …

Bad traffic costs Cairenes
Congested roads costs Egypt EGP 47bn yearly, according to a new World Bank report

The energy rebound dilemma and the age of consumerism
By Eng. Hisham Farouk Mostafa Despite great efforts to increase energy efficiency, the reflection on energy consumption has not been as expected. Improved efficiency rebounded into greater consumption through the manufacturing of higher quality products, which led to an increased rate of energy consumption to achieve higher performances. In the automotive industry, there was hard work …
French, Spanish car sales rally, Chevrolet fades: Trade data
AFP – French car sales picked up strongly in March after a grim year for the industry in 2013, but volumes remained low, trade data showed on Tuesday. The figures showed that French carmakers, including struggling Peugeot, did well, but that sales by General Motors fell heavily reflecting a contested decision to withdraw the Chevrolet …

Wamco Motors acquires two ‘market-changing’ car franchises: CEO
Company will offer “Oley” and 2014 models of “Vita 2” and “Dream” in Automac-Formula exhibition in March

NATCO opens EGP 180m automotive facility
Automotive company celebrates 25th anniversary of partnership with Mercedes-Benz by opening largest sales, service and spare parts facility in Egypt

Custom fees on European cars will be reduced to zero by 2019
An Egyptian-European convention permits reducing custom fees: Abdel Nour

PieRide takes carpooling to the next level
The new company combines two services to enable you to manoeuvre your way through Cairo’s traffic

Car market on shaky ground
Car market sales in June registered a 17% rise compared to June 2012.

If cars could talk
A Lebanese documentary offers new perspective on a country’s history

Japan automakers step on profit accelerator
The Camry and Corolla maker, which last year overtook General Motors to regain the title of world’s biggest automaker, said things would get even better

Sales in automobile spare parts market take a dip
By Inaam El-Adawi Dealers in spare automobile parts have been assured that that their trade will not diminish as car companies launch their 2013 models, even if the market is stagnating. Desouky Sayed Desouky, Spare Parts Division Director at Cairo Chamber of Commerce (CCC), said that new parts will only begin to impact the market …

BMW brings X1 to its 2013 line
Director of sales for BMW Egypt, announced its 2013 model line, which included the addition of the X1 model

Ambiguity looms over automobile market
Automobile market remains in danger

Car companies suffer from political uncertainty
Political events have contributed to the downturn in the Egyptian car market and led some companies to make changes in their plans to import vehicles in the second half of 2012.