Latest in Automotive Highlight
Latest in Automotive
Urgent comprehensive strategy needed for Egyptian industry: GB
Egypt does not benefit from current industries
Geyushi Motors test-drives FAW X40 for first time in Egypt
Company plans to export FAW cars to Africa, Middle East
El Masria Auto opens Subaru service centre in Abu Rawash
El Masria Auto inaugurated a new service centre for Subaru cars in the Abu Rawash Industrial Zone, in cooperation with Abou Ghaly Motors, the exclusive dealer and distributor of Subaru in Egypt. The new centre covers an area of 11,000 sqm, enough to receive 100 cars per day, through three main departments: sales, after-sales service, …
Automotive companies’ profits are 16% of car price, ‘Let it Rust’ campaign is almost over: Masrouga
Daily News Egypt interviewed Raafat Masrouga, the honorary head of the Automotive Marketing Information Council (AMIC), over the current situation of the car market and the effects of the ‘Let It Rust’ boycotting campaign on the automotive industry. Masrouga spoke about the role of the AMIC and the credibility of its reports. He also discussed …
Dershal celebrates first conversion of diesel car into electric vehicle
Dershal Company for the manufacture of batteries for electric cars celebrated the conversion of the first diesel car into an electric car on Sunday, at the company’s engineering headquarters in Wadi Houf. The ceremony was attended by the President of Dershal Company, Hassan Dessouky; the Chinese ambassador to Egypt, Song Aiguo; the Chinese Commercial Attaché …
Daily News Egypt test drives Proton Prevé
Sports car to fulfil all your needs at competitive price, standard capabilities
CBE interest rate cut won’t benefit automotive market: experts
Decline was limited, will not stimulate car sales, say banks
Officially…Establishment of first Egyptian company to import cars with low profit margin of 6%
The Nile Car Gate Company for car importation was established on Monday 18 February 2019 with a profit margin of 6%. The company will play the role of a broker. Clients would choose a car, and the company would buy it and complete all the custom measures for the new owner. A conference by the …
Attempt to end dilemma of fixing cars in Egypt
Meet creators of Mekaneeky app
Lada’s agent has no information about establishing new plant in Egypt
Company plans to establish car assembly plant in Egypt, says Chemezov
Egyptian Customs Authority reviews commercial invoices of imported Chinese cars
Haima Automobile resorts to arbitration committees to solve dispute
Feeder industries need government support: El Kady
How would car exports improve if government cannot realise industry’s importance?
In the shadow of stagnation, Egypt imposes notary fees on cars
90% of sales in used market is conducted through power of attorney, say traders
Brilliance models’ assembling to start in Bavarian factories in early 2020
Company aims to reach 10,000 cars annually in first year
Chairperson of Kayan: Volkswagen will not enter negotiations to revive El Nasr Cars
Elimination of customs on European cars reduces feasibility of restarting company, says El Naggar
Japanese automotive companies, Egypt discuss new investment incentives
Nissan, Toyota assembling cars, manufacturing parts, says Japanese ambassador
Alexandria Customs Authority releases European car, spare parts worth over EGP 4bn
EGP 1.2bn taxes collected, EGP 1.4bn custom fees exempt due to international agreements
Individual imports of European cars, solution to crisis or unnecessary experiment?
DNE publishes conditions of personal car imports exempted from customs
European car prices after customs tariff cut slightly changed
Consumers wait, dealerships give excuses, while recession continues
“No one can set profit limit for traders, we expect state incentives to encourage local car assembly”: Chairperson of El Saba Automotive
‘We expect incentives from state to encourage local assembly of cars after customs’ cuts’
Hybrid cars set new challenge in local market: car market analyst
The current recession experienced in the Egyptian automotive market was caused by customers’ anticipation of the new car prices after the full removal of customs on European-origin cars which would lead to similar changes in other brands’ prices, said Mohamed Sheta, a car market analyst and editor-in-chief of Auto Arabia Media Group. He added that …
“We aim to see a 35% decline in car prices by June”: campaign’s founder
The founder of “Let It Rust – Duty Free” campaign, Ahmed Abdel Moez, was interviewed by Daily News Egypt. He said the campaign’s Facebook page has 400,000 followers until now. The move aims to control car prices and reduce financial burdens on customerss who are already suffering from price hikes. He told DNE that unlike …
Customers’ high expectations led to current car market recession: AMIC
About 180,000 cars were sold in 2018, of which 60% were imported
Experiencing new challenges
Starting 2019, all European-manufactured vehicles have become duty-free after applying the last phase of duties’ exemption in accordance with the Egypt-EU Association Agreement which caused a notable decrease in vehicle prices ranging from 8% to 15%. Customers in the Egyptian market had high expectations that this step will push car dealers to significantly reduce prices …
Disabled await activation of Article 31 to reduce prices of imported cars
Will state subsidise disabled peoples’ cars?
Mercedes-Benz will start assembling its cars in Egypt soon
2019 will be year of achievements, representing new breakthroughs in Egyptian automotive sector
Mercedes-Benz considers resuming car assembly in Egypt
Mercedes-Benz plans to start a new assembly plant in Egypt in cooperation with a local business partner.
First electric bus pulled from Alexandria after 3-month pilot run
Equipped with surveillance cameras, internet, GPS, AC, and system to help people with special needs
Electric cars in Egypt: need to cope with global market or social significance?
Egypt unprepared, there is no infrastructure, experts warn
Stay with those who commit to promises… Stay with El sabea Auto
Because the confidence of our customers is the foundation of our success, El sabea Auto announces its commitment to its promise and offers cash refunds to customers who purchased cars from 14 November to 31 December 2018. We invite our customers to contact us through 16449 or go to visit our showroom at 40 Nozha …