GB Auto’s subsidiary, Drive, plans to increase its market share in factoring
Latest by Yara El-ganiny
Chinese car companies, for the new year, did not reduce car prices in anticipation for market conditions improving, Saad explained. He noted that the recent drop in car prices is not solely due to custom removals of Turkish cars, but also to the decline in exchange rates.
Feeder industries are calling for incentives to promote their exports
Mwasalat Misr aims to inject EGP 3bn investments by 2023
New electric car models to be launched soon in Egypt, says De Mesa
Turkish car prices expected to fall by 2.5% in 2020
Projection-type black headlamps are imposing and elegant, characterized by multilayered inner divisions. Since the low-beam irradiation distance is adjustable, the headlamps may adapt to different road conditions easily, adding to the design practicability. Also, individualized headlamp eyelid design.
Facilities provided by Rwanda enhanced the economic feasibility of opening Volkswagen plant there, says Naggar
First Egyptian gas-powered micro bus to be revealed next June, says Tarras
Tawfik explained that Mercedes continues to exports these brake discs despite the 2015 suspension of the locally produced cars.
Facility located in West Cairo’s Abu Rawash
Ismail expected an increase in the market share of Volkswagen in 2020, which currently accounts for 2%, especially that the company is currently working on two models only, the Passat and Tiguan. However, this plan is temporary as the company is planning to launch new models soon.
The first option for customers is the A3 sedan, priced at EGP 495,000, in addition to the Q2 sports model at EGP 505,000.
The seminar was attended by Chairperson of the Egyptian Automobile Dealers Association, Osama Abou El Magd, and a member of the Automobile Dealers Association, Montaser Zeitoun, and Gamal Askar, an automotive expert.
Tuk-tuks are not safe transportation means, says General Directorate of Traffic
Autotech grows by 25% per year, says Khafagy
Car prices will not be affected by “liberalisation of customs exchange rate,” says Aboul Magd
We will start deploying new ValU outlets in all Revolta stations, says El Shabrawy
Octane 87 petrol raises engine efficiency says Petroleum Division, its not a substitute for octane 92 according to experts
Up to EGP 200,000 price cuts on 2019 car models, cashback rewards rolled out by many companies
Cabinet approves new amendment obligating vehicle ownership transfer to buyers
Egyptian market unqualified to receive electric cars, hybrids
The automotive sector has recently been through several developments and decisions, which led to a leap in the domestic industry. The Egyptian government has taken various initiatives in an effort to create a strong automotive industry.
High profit margin is the main reason behind recession in used car market
Egypt important market of Daimler for passenger cars, busses, says Schäfer
SEAT International changes Cobra strategy: “We do not seek to win races, but rather to win clients”
Elimination of customs on European cars reduces feasibility of restarting company, says El Naggar
Equipped with surveillance cameras, internet, GPS, AC, and system to help people with special needs