AMIC aims to double investment portfolio within two years
Company plans to enter education, real estate, logistics sectors
AMIC’s reports between cars’ sales figures, actual sales
Parent company does not review its reports with us, says chairperson of…
Automotive companies’ profits are 16% of car price, ‘Let it Rust’ campaign is almost over: Masrouga
Daily News Egypt interviewed Raafat Masrouga, the honorary head of the Automotive…
Customers’ high expectations led to current car market recession: AMIC
About 180,000 cars were sold in 2018, of which 60% were imported
Automotive market reaps rewards of economic reforms, says AMIC spokesman
GATT will be applied by January 2019
Egypt’s automotive sales reach EGP 34bn in 9M 2018
Many economic factors, crises have left their mark on current automotive sector
Egyptian auto market sales grow 10% in January
Sales in January 2018 reached 10,300 units, as price hikes reduce demand…
Egypt’s car sales continue to decline in September by 30%
Chevrolet maintained its top rank among the highest sellers in first nine…
38% decrease in sold units in June, reaching 10,007 units
Demand on locally manufactured cars declines by 39.9%, imported cars by 49.2%…
Car sales fell by 45% in May
Expectations of further decline in sales due to increase in interest rate