Pound’s flotation without imports will significantly increase car prices: El-Goukh
Ahmed El-Goukh, the showrooms manager at El-Ezz Motors, said that the decision…
Strong yen eats into Toyota profits
Toyota's bottom-line profit has taken a dive in the first half of…
Will pound’s flotation smooth the path for cars or take them in opposite direction?
In the wake of the Central Bank of Egypt’s (CBE) decision to…
Flotation supports economy, but unfavourable for auto sector: Egyptian Automotive Dealers Association chairperson
Osama Aboul Maged, the chairperson of the Egyptian Automotive Dealers Association, praised…
Car companies halt sales to reprice in wake of CBE decision
Car companies halted their sales processes to review prices after the Central…
Ferrari boasts rising sales and profit
Italian luxury sports carmaker Ferrari has reported strong third-quarter results despite a…
Customs on imported cars increase by 66% after flotation
Customs charges on imported cars increased by 66% on Friday following the…
BMW logs record quarterly profit on strong sales
German premium carmaker BMW has posted a decent increase in third-quarter earnings
The implications of VAT on the automotive sector
In a seminar for Daily News Egypt, leaders in the automotive sector…
Tesla shares flying on surprise profit
Tesla shares have gained more than seven percent after the electric-car and…