Latest in Automotive Highlight
Latest in Automotive
Chevrolet Equinox test drive
Company aims to seize 25% of SUV sales in local market
Relative movement in car prices in early August
The car market has witnessed relative movements in prices of cars in early August, as the increases ranged between EGP 1,000 to EGP 45,000. GB Auto, the agent of Chery, Hyundai, and Geely, increased the prices of some of its models by EGP 1,000. BMW saw the greatest increase, by EGP 45,000 on its 340I …
40.1% growth in H1 2018 of PSA revenue, up to €38.6bn PSA business results
Group’s sales in 2017 included 2.4m vehicles in Europe
EOS adopts new specifications of private vehicles
The Egyptian Organisation for Standardisation and Quality (EOS) has adopted 49 new standard specifications for locally and imported vehicles. The new specifications were issued under standard No 8153 of 2018 and aim to improve safety and security conditions for vehicles. A government source said that the new specifications come in line with Egypt’s accession to …
New Ferrari chairperson born in Alexandria
Italian-American automaker Fiat Chrysler Automobiles conducted some changes to its management structure after the death of the previous chairperson, Sergio Marchionne, who is credited with guiding the company’s rebirth over the last several years. The company revealed Marchionne’s health problems less than a month ago, and the 66-year old director only formally left his job …
Drshal plans to establish partnership with one of Chinese companies: chaiperson
Company aims to open more Egyptian automotive factories, SAYS owner of first Egyptian electric cars assembly factory
Industry Ministry denies cancellation of automotive directives
Review, evaluate automotive industry status, its spare parts industries: Nassar
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Daily News Egypt test-drives Mercedes-Benz GLC on banks of Rhine, Switzerland
Powerful engine of 242 HP, suspension system suitable for all roads, terrain
BMW introduces versatile sports X2
The Bavarian Auto Group, the exclusive dealership of BMW and MINI in Egypt, announced the arrival of the new BMW X2 to the local market, which is known as a versatile compact SUV sports car. The new model was based on Concept X2, which was displayed at the company’s pavilion, during the 2016 Paris Motor …
EGP 29.6bn volume of cars, spare parts released from customs in FY 2018/2019
The Ministry of Finance revealed on Monday in a press statement that the volume of cars, passenger or transport, and spare parts that were released from customs during fiscal year (FY) 2017/2018, worth EGP 29.7bn. Meanwhile, the total taxes, customs duties, and other fees and fines collected amounted to EGP 9.92bn. The statement explained that …
Nissan dominates sales of locally assembled cars
We received requests from distributors to increase market share, says Nissan Egypt’s marketing manager
Geely leads Chinese carmakers’ decline in sales
New indicative prices behind crisis, says Saad
Exxon Mobil Egypt, EIT sign five-year partnership
Exxon Mobil Egypt organised a ceremony to celebrate signing a new partnership with the Egyptian International Trading & Agencies (EIT), the exclusive dealership of Kia in Egypt, to provide Exxon Mobil lubricants for use across Kia’s maintenance service centres. The ceremony was attended by Samy El-Ansary, general manager of lubricants at Exxon Mobil Egypt, and …
Controversy about readiness of local market for manufacturing electric cars
Darshal, SMG Engineering Automotive, Chinese Dongfang launch first local assembling operation
Car companies struggle to stabilise prices after fuel price changes
The car market has received the decision to increase fuel prices with a stabilisation of the delivery prices of the current month, ignoring the projections on social media of the upcoming period and a possible increase in prices. Some of the companies that have kept their prices fixed are Mercedes-Benz, Opel, Chevrolet, BMW, Toyota, Renault, …
Daily News Egypt test drives Nissan Sentra
Economical engine, comfortable cabin, high-flexibility suspension system
Bavarian Brilliance introduces V6 in September
The Bavarian Auto Company, the dealership for the Chinese Brilliance in Egypt, is set to officially introduce the V6 in September, during the Automech Formula 2018. The general manager of the company, Khaled Saad, said that the new car will be among the crossover SUV models, coming in a slightly larger size than the V5, …
Total reveals latest Total Excellium gasoline 95, partnership with Rahhala racing team
Product compatible with all vehicles, limits exhaust emissions
SGS announces first MSI 20000 certification in Egypt
After a long process of evaluation and verification, strictly evaluated on the basis of the specifications of the MSI 20000 regulation, the SGS (Société Générale de Surveillance) has announced that the Egyptian company Auto-Group conforms to MSI 20000 standards. Auto Group representatives The official MSI 20000 certification ceremony was held at the firm’s registered offices, …
Toyota launches all-new Century after 21-year absence
Toyota announced the launch of its completely redesigned third generation Century in Japan and the start of sales at Toyota dealers nationwide, with a monthly sales target for Japan of only 50 units, and it will be assembled at Higashi-Fuji Plant in eastern Japan. The outline reflects the Japanese aesthetic of passive symmetry while employing …
Swiss students design 400 km range e-bike
A group of 14 engineering students from the University of Zurich in Switzerland managed to produce a one-off motorcycle with an electric range of 400 km through a massive lithium-ion 15 kWh battery. According to RideApart, the motorcycle, named Ethec, comes with a futuristic, minimalist design and elaborate technology, sustaining more classical motorcycle elements, including …
New industry minister revives hopes for automotive sector
The ambitions and hopes of the automotive sector were renewed after Amr Nassar became the new minister of trade and industry earlier this month. Nassar is the first industry minister to have a background and history in the automotive sector, as he previously served as an executive consultant for MCV Group. The demands and ambitions …
Great closing of second ‘Egypt Automotive Shell’ football tournament
Ssang Yong wins the cup, Moustafa El-Rabbas tournament scorer
Eight companies lead higher prices of June deliveries
The car market witnessed a noticeable increase in prices in early June, an average of about EGP 15,500. The surprise is that the car with the highest price increase is the locally-assembled Hyundai Verna. Some of the most prominent brands with changed prices are Hyundai, Nissan, Chery, Renault, Geely, Mitsubishi, Chevrolet, and Opel. The car …
Khaled Youssef named CEO of Peugeot Egypt
The Al-Mansour-Scoop alliance, the agents of the French Peugeot brand in Egypt, have announced the appointment of Khalid Youssef as CEO of Peugeot Egypt starting from 1 July. Youssef has served as head of the automotive sector at the Egyptian International Motors Company (EIM), the agent of Kia and Renault in Egypt, for more than …
BYD to release new S5 after Eid Al-Fitr
Al-Amal Company for Foreign Trade, the Egyptian agent of the Chinese carmaker BYD, announced it will officially launch the new S5 in the Egyptian market after the Eid Al-Fitr holiday. Hassan Suleiman, chairperson of Al-Amal, told Daily News Egypt that the new SUV will be offered at a competitive price, adding that the car was …
EBAM seeks to acquire new pickups, minivans agency in Egypt
Company will release new competitively priced Zemex Star microbus in local market
Egypt Automotive stirs competition among auto companies again
The second Ramadan football championship for the automotive sector, Shell Egypt Automotive, kicked off on Wednesday 23 May (7 Ramadan). The competition is held between automotive companies in Maadi over 13 days until 5 June (20 Ramadan), when the final game is set to be played. The championship includes 20 teams: Ford, SsangYong Motor, Subaru, …
Local automotive manufacturing committee will soon begin functions
The Ministry of Trade and Industry announced days ago the members of the local automotive manufacturing committee, chaired by Hossam Khattab, the minister’s deputy for industry affairs. Members also include Ahmed Abdel Razik, head of the Industrial Development Authority; Alaa Salah El Din, head of the central administration of local manufacturing at the IDA; and …
Partnership between AOI , FCA renewed as new Jeep service centre opens
Investments estimated to be $2.8m to provide direct and indirect jobs