Latest in Tag: Ford Highlight

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Latest in Tag: Ford


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Ford, Deutsche Post kick off StreetScooter XL production

Carmaker Ford and Deutsche Post have started mass production of a new all-electric van for the German postal service company. The StreetScooter XL is bigger and better than Deutsche Post’s previous EV models.Together with Cologne-based carmaker Ford, Germany postal service behemoth Deutsche Post on Tuesday started mass production of a new all-electric van called StreetScooter …

Deutsche Welle

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8 car brands lead price rises in April

The local automotive market witnessed a change in most car prices in April. The price moves included a number of models such as from Opel, Hyundai, Chevrolet, Mercedes-Benz and Ford. The price increases ranged between EGP 1,000, such as Chevrolet Aveo and EGP 40,000, like Mercedes C180. In March, the agents of Chevrolet, Hyundai, and …

Ahmed Amer

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Limited changes in car prices during March

A quiet state of calm prevailed over most car prices in March. The price moves were limited to a few models of Chevrolet, Hyundai, and Mitsubishi, ranging between a EGP 500 increase for the Verna to EGP 20,000 for the Lancer. Chevrolet, Renault, Ford, Toyota, Chery, Hyundai, and BMW had already moved their prices in …

Ahmed Amer

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6 car dealers change their prices in February

Six car dealers—Chevrolet, Ford, Toyota, Chery, Hyundai, and BMW—changed their prices of February 2018 car deliveries. Prices rose by EGP 2,000 for cars like the Hyundai Verna and by about EGP 90,000 for cars such as the BMW X1. The majority of car companies welcomed 2018 by fixing their prices, with the exception of minor …

Ahmed Amer

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Automotive companies offer no price cuts in Ramadan

For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Most car models’ prices remained unchanged, except Nissan, Hyundai, Chery, and Ford. Auto companies expect that the sector’s sales will fall due to the Central Bank of Egypt’s (CBE) decision to raise the …

Ahmed Amer

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Ford fires CEO Fields over performance

The American carmaker giant has replaced chief executive Mark Fields. It’s a significant managerial shake-up amid growing investor unease over the company’s stock market performance and outlook.Ford chief executive Mark Fields has been replaced by Jim Hackett, who is in charge of Ford’s Smart Mobility subsidiary. Since Fields took over three years ago, Ford shares …

Deutsche Welle

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Ford keeps its prices unchanged

Ford decided to keep its prices unchanged, maintaining the same rates of February and March throughout April, with a slight increase in the price of the Ecosport, which saw an increase of EGP 4,000 to reach EGP 358,000. Ford had raised its prices three months ago. The price of the Fusion was raised by EGP …

Ahmed Dawoud

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Car prices continue their journey towards record highs

A new wave of price hikes took place in July for 153 car models from different brands amid anticipation by analysts that the Egyptian pound would be further devaluated by the Central Bank of Egypt. The increase included the German carmakers Opel and BMW, Korea’s Hyundai and Kia, the American Chevrolet, the French brands Renault …

Ahmed Amer

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CES 2016: Connected cars and smart drones

From drones and robots to jewelry, appliances and TVs, the new technology on display at the 2016 Consumer Electronics Show promises to be smarter than ever. But the real stars in Las Vegas this year have wheels.
From drones and robots to jewelry, appliances and TVs, the new technology on display at the 2016 Consumer Electronics Show promises to be smarter than ever. But the real stars in Las Vegas this year have wheels.

Deutsche Welle

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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

Deutsche Welle

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