By Ahmed Amer
The Chinese manufactured car market in Egypt has achieved sales estimated at roughly EGP 695m in the first five months of this year. The number represents 5.7% out of the total sales value of the private cars market in Egypt for the same period, which amounted to around EGP 12bn.
Moreover, a total of 7,171 Chinese cars were sold out of the 76,700 cars sold on the market, meaning the Chinese market acquired 9.3% of the private car sales market in Egypt.
The Geely Emgrand topped the list of the best-selling Chinese cars in Egypt, achieving sales of EGP 203m in the period between the beginning of this year until May. A total of 2,365 Emgrand cars were sold, making it the most popular Chinese manufactured car in Egypt.
The Emgrand acquired a 0.3% stake of the private cars market in Egypt, representing about 33% out of the volume of Chinese cars sales in Egypt.
On the other hand, the Speranza Tiggo achieved sales estimated at about EGP 211m during the same period, taking second place, with 1,765 pieces sold. As for the Speranza Envy, it was ranked third in the list, achieving sales amounting to EGP 84m, by selling 1,055 cars.