Latest Automotive News
Automotive companies expect further decline in sales because of increase in interest rate
70% of customers tend to buy through banks, 30% pays in cash
Decline in demand of locally manufactured, imported cars by 50%
43% decline in February: 6,500 units sold
Industry ministry to form a conflict-solving committee for auto companies
Committee includes the Industrial Development Authority and the transport and feeder industries…
Automotive companies offer no price cuts in Ramadan
For the first time in years, car companies have not offered price…
Mercedes Benz launches three new models in Egyptian market
Mercedes Benz has launched the new generation of its compact cars in…
German and Egyptian automotive feeding industry companies will meet in Berlin in September
Andreas Hergenröther, the chief executive of the German-Arab Chamber of Industry and…
CBE-auto industry committee submits final report to CBE Governor next week
The committee suggests the abolition of intermediary companies between the investor and…
Egypt Automotive, Shell to launch Ramadan tournament for automotive sector
Egypt Automotive and Shell Oil prepare to launch the first Ramadan football…
Our investments amount to EGP 50m, says Nawara
We contracted with Honeywell to use Bendix trademark in Egypt and North…