Egypt May. Skyrocketing prices are killling vehicles demand

Egypt

Egypt Automotive industry have witnessed continuous growth since the foundation in the early 60′. However, With few successes and many failures over the past five decades, the car industry in Egypt developed as an assembly operation rather than manufacturing. Today, the Auto industry in Egypt possesses a highly professional caliber of engineers and skilled labor. It has huge production facilities and plants, a big part of which is idle because of either the lack of capital or the mismanagement.

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Egypt May. Skyrocketing prices are killling vehicles demand

Egyptian Vehicle Market in the first five months of the 2017 was down near 50% killed by economic recession, skyrocketing vehicles prices, huge unemployment, austerity reforms. The trend will not change as in July VAT will sharp increase.

July 10, 2017

Egypt market report. First half 2016

Egyptian automotive industry fell sharply in the first half 2016 hit by the huge financial and economic crisis that is enveloping the country. However top brands resisted losing marginally.

November 15, 2016

Egypt 2012-2015 Insights

Egypt Vehicle Market 2012-2015 Insights research provides facts, data and forecast on this market with all data by OEM, Brand, Model and segment. From the 2004 up to the 2015 All About within 80 pages and 120 charts.

July 24, 2016

EGYPT 2012-2020 Outlook

Egypt Car Market Insights 2012-2020 Outlook provides facts, data and forecast on one of largest automotive market in Africa, actually recovering moderately coming out from harsh political and social crisis.

March 3, 2016

Egypt Car Market dropped down in Q2 2015.

Egypt Car Market dropped down in Q2 2015 ending a long positive string with the first half ending with sales flat over the correspondent period last year. Hyundai and Renault Groups are fast growing challenging the Chevrolet leadership.

August 19, 2015

Egyptian Automotive Industry in 2014 is fast recovering.

Egyptian Automotive Industry in 2014 is fast recovering as confirmed by the September sales statistics, with market figures up a huge 48% from the correspondent month last year. Many brands are booming sales with Nissan as fastest.

November 22, 2014

Egypt Auto Sales doubled volume in July.

Egypt Auto Sales doubled volume in July thanks to the favorable comparison with last year when the market was paralyzed by violence and riots in all the country with car manufacturers moved to shut down plants. Now the mood is wonderful.

September 26, 2014

Egypt Vehicle Sales soared 20% in May 2014.

Egypt Vehicle Sales soared 20% in May keeping live the momentum started in January. Two new models jumped in Top Ten: Mitsubishi Lancer in fifth and Hyundai Elantra in seventh. See all brands and top models ranking inside.

June 25, 2014

Egyptian Car Market boomed 29% in March 2014.

Egyptian Car Market boomed 29% in March 2014 further improving the fast start of 2014 following years of difficulties and low new vehicles sales volume. First quarter 2014 was the best out last three. See Top Brands & Models ranking inside this report.p>

May 3, 2014

Waiting for reforms Egyptian automotive sector loses volume.

November 2013, the Egyptian car market performed down from year ago as demand is blocked by political and social instability and by the absence of plans to revamp the economy. Chevrolet dominates with over one fourth of total sales, but news arrived from China.

January 3, 2014

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