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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 …
German premium carmaker BMW has posted a decent increase in third-quarter earnings
A new wave of price increases for 165 car models from different brands continued through in October, registering record highs as a result of price increases that companies have put in place on newly imported shipments and the low supply offered in the market. These price hikes included the German brands Opel and BMW, the …
Amid stagnating sales of its battery-powered, lightweight ‘i’ models, BMW has had to admit its strategy for dominating the electric car market isn’t working. To change that, it plans to take a page from Tesla’s book.
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 …
Egyptian Tax Authority investigates six companies over charges of evasion and selling cars at false prices, says Consumer Protection Agency chairperson
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. …
As Baghdad is rocked by deadly explosions and political chaos, “drifting” is an increasingly popular way for young men in the Iraqi capital to let off steam, reports Florian Neuhof.
German carmaker BMW has announced that it’s entered into a technology alliance with chipmaker Intel and computer vision specialist Mobileye. The move is meant to support the firm’s focus on self-driving vehicles.
Price lists showed that Opel raised the prices of Astra and Cascada by EGP 20,000
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.
The report included 11 models, most notably LCI 318i, X3, 218i, 520i, X5, 418i, 120i, X1, 740Li, X4, and X6
The MINI Convertible’s engine is equipped with a turbo air charger of 1.5 liter in capacity
Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles
German luxury carmaker BMW has presented a new long-term strategy aimed at strengthening the company’s market position in the digital age. Autonomous driving and e-mobility are high on the firm’s agenda.
BMW sales in Egypt grew by 17% in 2015
German auto giant Daimler has made legal threats against an environmental group after it tested diesel cars. The results appeared to show that Mercedes and BMW models are also cheating on emissions tests.
Egypt seeks to develop an integrated incentive system to encourage global-producing companies to manufacture their products in Egypt, says Qabil
Group will present products that are offered for the first time in the Middle East, says El-Tobgy
The first group of the model were already sold, says BMW Egypt Chairman
Bavarian Auto Group (BAG), the manufacturer and seller for BMW and Mini Cooper, is prepared to launch the new Active Tourer BMW Series 2, which belongs to SUV middle-sized cars. The car’s cost is expected to be at EGP 335,000. Yahia Abdel Kodouss, marketing director of BMW at BAG, stated that the company is about …
Director of sales for BMW Egypt, announced its 2013 model line, which included the addition of the X1 model