Latest in Tag: Mitsubishi Highlight

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Latest in Tag: Mitsubishi


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Egypt discusses cooperation with Japan’s Mitsubishi in clean energy

During the meeting, El-Molla stressed that the petroleum sector is currently working to identify the best opportunities available to implement projects to store carbon and produce blue hydrogen. Several initiatives to be presented at the COP27 World Climate Summit are being studied. The summit will be hosted by Sharm El-Sheikh next year, according to the statement.

Daily News Egypt

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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, …

Ahmed Amer

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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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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 …

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

غبور

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 …

Daily News Egypt

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Automotive companies advertise their models, services in the North Coast

While people flock to the coastal cities to take advantage of the summer months, automotive companies are also looking to take advantage of the summer season to promote their cars and after-sales services. Daily News Egypt is taking a look at the direction automotive companies are moving in, including Kia, Toyota, BMW, Renault, and Nissan. …

Ahmed Amer

السيارات

Sales shrink due to pricing difficulties

Several car dealerships kept their prices unchanged from July to August, despite the turmoil that hit the automotive market when the US dollar exchange rate rose above EGP 13. Other companies chose to temporarily raise their prices. Distributors and traders also raised the prices to counter the increasing cost of imports. Chairperson of El-Saba Automotive …

Ahmed Amer

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