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Ezz Elarab Group launches Ferrari Egypt

Ferrari is officially landing in Egypt following an agreement with the Ezz Elarab Group, known for representing the world’s most high-end, premium, and luxury vehicles in the country.  The new partnership with Ferrari was celebrated with a grand opening event on 27 June. The new collaboration will reignite the enthusiasm for the brand in Egypt. …

Daily News Egypt

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Rivian IPO marks largest Wall Street debut since Facebook

On Thursday, Rivian Automotive announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share. At the time of print Rivian stock registered at $129.95 and it is forecast to reach $132 by the end of trading on Monday.

Daily News Egypt

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Renault Duster 2022 customers complain over delayed delivery

Several customers that made reservations more than three months ago say that the company did not provide any information regarding a specific date of delivery. They said that when they contact EIM, they are only met with procrastination. The customers explained that the delay had negatively impacted them, as the legal period for delivering the car after reservation is 3 months, according to the contract between them and the Renault agent.

Daily News Egypt

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Volvo, Daimler Truck, Traton to launch heavy-duty trucks charging network across Europe

Volvo Group, Daimler Truck, and the Traton Group have signed a non-binding agreement to install and operate a high-performance public charging network for heavy-duty long-haul trucks and coaches across Europe. The joint aim is to initiate and accelerate the build-up of charging infrastructure, to enhance customer confidence and to support the EU’s transformation to climate-neutral …

Daily News Egypt