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…
Nissan partners with KidZania to establish first role-play auto-production line attraction in Egypt and North Africa
Nissan Egypt is set to cooperate with KidZania Cairo to establish a…
Automotive market loses 25.6% of its sales in first 8 months of 2016
Passenger car sales declined by 25.6%, bus sales by 31.8%, truck sales…
Car market has no spare parts
70% deficiency in the market; spare parts for Korean, Chinese, Japanese, European…