Egypt March. Q1 sales down 41%

Egyptian Vehicle Market Kia-Picanto_GT-Line-2017

Egyptian Vehicle Market in the first quarter 2017 further increased the losing speed from the previous year hit by inflation and falling consumer’s purchasing power. All top players are losing heavy, starting from Chevrolet.

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Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018