Latest in Automotive Highlight

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Latest in Automotive


Historic leaps in car prices one year after flotation

The prices of cars have witnessed aggressive changes since the liberalisation of the exchange rate starting in November 2016. Daily News Egypt detected the changes to car prices in the Egyptian market from before the Central Bank of Egypt (CBE) made the decision to float the Egyptian pound last year up until November 2017. The …

Ahmed Amer

Renault ZOE Long Range model launches in Middle East

Renault Middle East has launched its new all-electric ZOE Long Range model in the Middle East. The latest version of Renault’s electric vehicle now boasts a record driving range of 300 Kilometres (in real driving conditions) on a single charge – double the distance of the previous generation ZOE model. The new car’s price starts …

Daily News Egypt

Auto market awaits launch of 4th Egypt Automotive

As the fourth annual summit of the Egypt Automotive Conference approaches next December, a number of auto industry figures have set high hopes for the upcoming summit amid a sharp drop in sales. The experts demanded that all the challenges faced by the sector be exposed to a sharp drop in sales volume, stop pumping …

Ahmed Amer

2018 is the breakthrough of the automotive market

Many economic factors and crises have left their mark on the automotive sector during the current year, most notably the liberalization of the currency exchange rate, the shortage of the dollar availability, the high price of the “customs dollar”, the difficulty of imports and the Mercosur agreement. According to the latest data from the automotive …

Ahmed Amer

Transport Division raises reservations to MERCOSUR for Ministry of Industry this week

According to Vice President of the Transport Division of the Federation of Egyptian Industries (FEI) Samir Allam, the division prepared a memorandum clarifying the impact of the MERCOSUR agreement on the automotive industry. The division will present the memorandum to the Ministry of Industry during the current week. Allam added that the signing and implementation …

Ahmed Amer

Automotive companies fix prices after Automech Formula 2017 concludes

A number of car companies decided to fix prices after offering discounts at the Automech Formula 2017. The automotive market witnessed a rise in the price of a number of models. With the recession plummeting market sales, customers are waiting for discount offers in the coming period, for new car buyers, after the used cars …

Ahmed Amer

Shell signs partnership with Fiat Chrysler

Shell Lubricants Egypt signed a partnership deal with Fiat Chrysler Automobiles-Egypt (FCA) to supply engine oils at the after-sales services centres of all FCA’s brands of Jeep and Chrysler. This local partnership lies under the umbrella of the international agreement between FCA and Shell around the world. Saher Hashim, managing director of Shell, said his …

Daily News Egypt

11 companies showcase 41 new models in 2017 Automech Formula exhibition 

After the end of the twenty-fourth session of the Automech Formula show, which was held for four days, the show witnessed the introduction of 41 new cars from various companies participating in the show. Daily News Egypt reviewed the models and companies that have launched them… Ghabbour Auto Group The company has introduced through Hyundai …

Daily News Egypt

Challenge and hope

Challenge is usually accompanied by hope. The challenge is to take a step that most people around you think is not carefully considered and will lead to failure at the end of the journey. This is what awaits the humble thoughts of those who only look below their feet and do not live to challenge …

Mohamed Aboul-Fotouh

The Challenge Race of Automech – Formula 2017 

The 24th session of Automech Formula exhibition will kick off on Wednesday amidst the absence of many major car companies, which could not participate due to the market’s recession and huge losses incurred in the last period. The absent companies include Volkswagen, Audi, Seat, Skoda, Ford, Renault, Kia, Brilliance, Opel, Chevrolet, Jaguar, Land Rover, Mazda, …

Daily News Egypt

Elhamy Ezzat: from car dealership to scrap recycling

The art of recycling scrap cars is a simple idea that was carried out by many creative people around the world, including Egypt, but it has not officially appeared in different parts of the world. It has been a hobby passed on by artists who draw different paintings in distinctive shapes, made entirely from scrap …

Daily News Egypt

Uber, MAC partner up to provide incentives to Uber drivers 

Uber signed a partnership with Al Mansour Automotive Company (MAC) to provide special benefits and facilities to Uber drivers. As part of the new partnership, drivers will be able to purchase Chevorlet Optra Comfort 2017 for EGP 195,000 instead of EGP 210,000, in addition to a 20% discount on spare parts and a 15% discount …

Daily News Egypt