Egypt September. Q3 vehicles sales down for the 8th quarter in a string

Egyptian Vehicle Market Kia-Picanto_GT-Line-2017

Egyptian Vehicle Market kept in the Q3 2017 the almost negative trend with sales down over 30% marking the 8th consecutive falling quarter, hit by a spectacular price increase, high unemployment and austerity policy. The top three brands has taken 53% of share.

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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