Latest in Tag: Hyundai Highlight
Latest in Tag: Hyundai
Egypt’s Al-Sisi, Hyundai Rotem CEO discuss localising train industry
Yong-Bae Lee expressed his company’s intention to benefit from promising investment opportunities in Egyptian economy
Egypt, Hyundai to discuss car replacement initiative amid component shortages
Global producers such as GM, Ford, and Stellantis have witnessed production cuts due to shortages of semiconductor chips
GB Auto to discontinue Hyundai representation in Iraq
Management decides to continue operations until mid-2020
Egyptian market far from effects of Hyundai, Kia production suspension
2021 models most affected by Coronavirus, no increase in car prices in Egypt
Ioniq Hybrid 2019: Ghabbour Auto launches Hyundai’s first hybrid car in Egypt
Wide range of Hyundai models to meet aspirations of entire family in terms of strength, safety, technology
Car companies struggle to stabilise prices after fuel price changes
The car market has received the decision to increase fuel prices with a stabilisation of the delivery prices of the current month, ignoring the projections on social media of the upcoming period and a possible increase in prices. Some of the companies that have kept their prices fixed are Mercedes-Benz, Opel, Chevrolet, BMW, Toyota, Renault, …
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 …
Hyundai Motor offers its clients a chance to attend the World Cup
Hyundai, through its dealership Ghabbour Auto (GB Auto), has launched a special opportunity for anyone wanting to test drive a Hyundai sedan to enter a big draw to win the grand prize: a trip to Russia to watch a World Cup match and visit Moscow and enjoy its most famous tourist attractions, such as the …
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 …
Autonomous cars to trend in 2018: Hyundai
Autonomous cars—vehicles without human drivers—are expected to become a major trend in new driving techniques to be offered in car showrooms in 2018, according to a senior official at Hyundai Africa and Middle East. Hyundai Director of Product and Operations Mike Sung said that autonomous driving techniques have already been added in Hyundai’s new models. …
Car prices continue to rise in December
New price increases make it difficult for market to improve sales before end-2017
Historic leaps in car prices one year after flotation
The prices of cars have witnessed aggressive changes since the liberalisation of the exchange rate starting in November 2016. Daily News Egypt detected the changes to car prices in the Egyptian market from before the Central Bank of Egypt (CBE) made the decision to float the Egyptian pound last year up until November 2017. The …
Agents break expectations of distributors, traders by raising prices during July
Nissan, Chevrolet, and Toyota are the leading companies
Hyundai launches all-new Sonata, 6th generation of Azera in Middle East
Hyundai seems aiming to acquire a bigger share of Middle Eastern market of large and midsize sedan cars, through launching the all-new Azera and Sonata, which come with a dramatic new style that gives the brand a boost in showrooms during the transition period until 2018. In May, the Korean manufacturer introduced the 6th generation …
Car prices unchanged in July except Hyundai, Nissan, Chery
Car companies maintained their prices in July, except Hyundai, Nissan, and Chery. The increases of the three companies ranged between 1,500 and 11,000. For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Auto companies expect that the sector’s sales will fall as …
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 …
8 companies present technical offers for electricity linkage with Saudi Arabia
Hyundai, NCC, State Grid, and Kalpataru are the main competitors
Nissan, Hyundai, Renault, Chery, and Opel witness price hike in May
The prices of Nissan, Hyundai, Renault, Chery, and Opel have seen an increase of up to EGP 30,000 due to the recessio0n experienced in the Egyptian market, while other companies managed to stabilise their prices in May. Despite the sale offers made by automotive companies in February and March, car sales declined by 46.5% in …
Hyundai prices go up again, other carmakers offer discounts
Hyundai decided to raise its prices again, following a period of discounts that lasted throughout last month and the first week of April. The carmaker suffered a sales drop in February, marking only 159 units compared to 3,439 units sold in February 2016. Car dealerships and distributors have started offering discounts as their sales have …
Hyundai, Kia, Chevrolet continue the price race
The month of February again saw price increases of nearly all major car brands
Shell renews engine oils partnership for Ghabbour Auto cars
Shell Lubricants Egypt and GB Ghabbour Auto announced the renewal of their partnership, which stipulates Shell being the major and sole supplier of engine oils in the after-sales service centres of all brands affiliated to Ghabbour Auto, including Hyundai, Chery, Mazda, Geely, and Volvo and Mitsubishi for heavy transport. Chairperson of the board of directors …
Soaring car prices to continue throughout November
Ongoing dollar shortage and high exchange rates driving factors in price hikes
Hyundai dominates Korean car sales, Verna in the lead
As of the end of September, Hyundai has acquired 75% of Korean brand sales in the Egyptian market, with 31,500 units sold out of a total of 37,100 units. For the moment, Hyundai has beat out its rival Kia which ranked lower. Hyundai Verna came in the lead during the period from January and September, …
Ghabbour rules out possibility of acquiring more dealerships in current period
GB Auto owns the dealerships of Hyundai, Mazda, Geely, Chery, and Karry
Hyundai dominates Korean car sales
Hyundai acquired 85.9% of the Korean automotive market sales in the first seven months of 2016, selling 24,300 cars out of 28,300 Korean-made cars sold in total. The carmaker was able to seize the top five spots on the list, outperforming its rival Kia. Hyundai Verna topped the sales list for the Korean carmakers. A …
Low supplies cause car prices to rise in September
Coinciding with September’s deliveries, further price hikes have swept across approximately 137 models from all the well-known brands in the automotive market, registering record highs as a result of the price increases companies have put in place on newly imported shipments and the low supply offered in the market. These price hikes were registered for …
Car market loses 25% of sales during H1 of 2016
Hyundai, Chevrolet, Nissan are bestsellers
Verna leads sales of the Korean market in H1 2016
Hyundai acquired 85.9% of the Korean automotive market sales in the first half (H1) of 2016, selling 19,900 cars out of total sales of 23,100 Korean-made cars. The carmaker was able to seize the top six spots on the list, outperforming its rival Kia. Verna topped the sales list of the Korean carmakers. A total …
Hyundai, Fiat, Kia lead second-hand car advertisements on OLX
Total value of second-hand products put up for sale on OLX Egypt amounted to EGP 4.2bn
Car sales fall by 32% during first half of 2016
Hyundai is competing against Chevrolet to top the best-sellers list and Nissan comes in third