Latest in Tag: Kia Highlight
Latest in Tag: Kia
Car prices continue to climb in June
The automotive market has witnessed dramatic prices increase in recent months, driven by the shortage of hard currency required for importing and the high exchange rate on the informal market.
Foreign currency crisis impacts Kia’s Egypt operations
Egyptian automotive dealers sold 300 Kia Picanto models worth approximately EGP 33m in January and February, a 26% in a year over year comparison when 407 car were sold
Dollar shortage most pressing issue in Automech closure
Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles
Automotive agents decry conditions of sector in Egypt at Automech Formula
The general manager of MTI however lauded the central bank’s decision to devalue the pound, saying it will translate to an increase in automotive prices
Kia launches fourth generation of Sportage
The Sportage boasts an engine with 1600 hp while the GT model has a turbocharger and all-wheel-drive
Kia launches new model of ‘Sportage’ in local market
Sportage SX has a two litre engine with 241hp and 353Nm of torque. The CUV is offered with both FWD and AWD, and power is sent to the wheels through a standard six-speed Sportmatic transmission.
Kia, Renault agent looking into car assembly plants in Egypt: Youssef
Lack of currency availability led to increased car prices in parallel market, says EIM automotive sector chairman
EIM raises Kia price by EGP 6,000 in April/May
Delivery time for Renault Stepway is seven months
14.9% car sales growth in Q1 of 2015
Chevrolet acquires 23% of market, Verna is most sold passenger car