Egypt 2014. Domestic market at new All Time Record

Egypt Vehicles Market

In 2014 Egypt Vehicles Market hit the all-time record thanks to a renovated political stability and country economic recovery. Chevrolet, Hyundai and Nissan were on podium.

In December 2014, according to data released by focus2move Research Team through local sources and the Egyptian Automotive Marketing Information Council (AMIC), total new Light Passengers Vehicles sold have been 24.172, up 15.9% from the correspondent month last year.

Full Year 2014 sales in Egypt have been 273.440, up 38.5% from 2013, hitting the all-time record established in the 2008.

Indeed, 2014 tremendous growth was fueled by low sales in the previous year when the country was under severe political, religion and social disruption.

Now the country environment is back at almost stable conditions with perspective for significant economic progress in the next year, with great opportunity for the automotive sector.

Just in few countries in the world, Chevrolet can consider the domestic market as a feud and one is Egypt (few others are in South America). Indeed, delivering 6.155 vehicles in December the American brand ended the year with over 50.000 sales (+24.6%) and 19.7% of market share.

Hyundai in second sold 3.462 units in December and 45.551 in the year (+16.7%) while the third of December, Renault with 1.935 units, was only 7th in the entire year.

Third in the annual race was Nissan, with 27.311 sales (+10.0%).

As far as the car group’s performance and ranking, the December leader was General Motors with 26.8% of market share, ahead of Hyundai-Kia with 20.8% and Renault-Nissan with 13.7%.

As far as best-selling models ranking, the Chevrolet TFR single cab was on top with.2.930 sales (+42.2%) ahead of Renault Logan with 1.408 units (+330%) and Geely Emgrand 7 with 1.391 (+2.1%).

In the annual ranking, behind the Chevrolet TFR single cab with 24.892 sales, there was the Hyundai Verna with 24.281 and the Nissan Sunny with 18.175.

To know all about the Egyptian Automotive market, see the just published research:

 

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

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