Automotive News
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Arab Organization for Industrialization, Stellantis sign exclusive deal to produce 240,000 cars in Egypt
Moreover, he noted that approximately 7,000 cars are scheduled for annual production over four years, totaling 28,000 vehicles.
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Automobile Division expects passenger car prices in Egypt to rise soon
Zeitoun attributed this demand to the limited supply, coupled with rising prices of brand new cars in recent years.
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GAC signs CKD production agreement in Egypt to boost local manufacturing, regional cooperation
GAC INTERNATIONAL and Abdul Latif Jameel have introduced models such as the EMKOO, EMPOW, GS3 EMZOOM, and GS4 through vehicle imports.
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Sumitomo inaugurates one of the world's largest plants for automotive "electric braids"
The Egyptian Prime Minister, mustafa madbouly, inaugurated yesterday a new plant of the company SE Wiring Systems Egypt LLC.
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GAC signs deal for localized vehicle assembly in Egypt
GAC Group has struck a deal to localize car assembly in Egypt, as Chinese carmakers target African markets.
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Sylndr raises $15.7m to digitise Egypt’s used-car sector
Sylndr operates a fully digital marketplace that connects car buyers and sellers with services such as vehicle financing and maintenance.
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Japanese car parts giant Sumitomo opens new €22 mln plant in Egypt
Prime Minister Mostafa Madbouly inaugurated a €22 million factory for car wiring systems in 10th of Ramadan City.
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Morocco Plans to Export 3,000 Vehicles to Egypt Per Year
Morocco and Egypt held earlier this month a significant Egypt-Morocco Investment and Trade Forum in Cairo in efforts to balance commerce.
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Supply of 3 rubberised inflatable rescue boats
Sharkiya: Supply of 3 4.5m rubberised inflatable rescue boats
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Automotive market continues to recover, reports modest growth in March
This marks a modest increase from February’s 10,600 units and signals a continuation of the sector’s recovery that began after a steep January decline
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Egypt to import 13,000 cars from Morocco: What does it mean for local industry?
Morocco has announced plans to export 13,000 vehicles to the Egyptian market over the next two years.
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Morocco Plans To Export 13,000 Cars To Egypt
Several major car manufacturers operate in Morocco, including Renault and Stellantis (Peugeot, Citroën, Opel).
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Egypt's Dr. Greiche Group invests $10 million in automotive glass plant
Egypt-based Dr. Greiche Group will invest EGP 500 million (around $10 million) in a new automotive glass production complex, the company said.
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Chinese cars gain popularity in Egypt, driving market growth
This shift has reshaped the country's automotive landscape, contributing to a decline in both new and used car prices.
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Egypt allocates EGP 1 bln to boost local automotive industry
The initiative aims to boost local car production substantially and attract international investment into Egypt’s automotive sector.
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Egypt’s car market hit by overpricing
Car prices are subject to supply and demand, and in some cars the value of the added increase ranges between LE10,000-30,000.
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Ezz Elsewedy Automotive Factories launches $50mln Proton car assembly plant in Egypt
Ezz-Elsewedy Automotive has launched a $50 million Proton car assembly plant in Egypt, advancing local manufacturing.
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Zeekr enters Egypt as it expands into African auto market
The Zeekr 001, Zeekr's first model, was initially launched in April 2021 and currently has a starting price of RMB 259,000 ($35,510) in China.
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Surge In Demand For Used Cars Hits Egypt
Economic pressures push consumers toward more affordable automotive choices amid rising new car prices.
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An EV revolution is happening in Egypt
The Egyptian government actively promoting renewable energy and eco-friendly transportation solutions.