Automotive News
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Customs confuses automobile market calculations
Pilot prices for European products rang between fact and fantasy, agents complain about excessive customs values.
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Egypt's GB Auto says plans $134 mln rights issue
The rights issue would increase GB Auto's capital to 1.1 billion pounds, the company said in a statement.
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Pirelli signs MOU with Egypt for plant expansion
The investment is expected to happen over a 3-year period and would result in an annual production increase of about 300,000 tyres.
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Egypt's GB Auto profits rise 254% in Q3
Egyptian car assembler and distributor sees surge in profits on highest sales of passenger cars in five years.
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Egypt ministries to use energy efficient cars and appliances
Egypt is suffering from an energy crisis that has worsened considerably since the 2011 uprising.
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Cars prices in Egypt grow amid consumer frustration
Car experts blame high US dollar exchange rates and popular demand for fuel saving cars for increase.
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Mercedes-Benz enhances its program with the Children’s Cancer Hospital 57357
Mercedes-Benz and the Children’s Cancer Hospital 57357 are providing treatment to a bigger number of children saving hospital beds.
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Egypt's GB Auto second-quarter profit more than doubles
Sales of commercial vehicles and construction equipment more than doubled in comparison with the same period last year.
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Egypt's car sales up 56% despite lifting of subsidies
The sales of passenger cars segment in June witnessed a 53% increase compared to June 2013, whilst truck sales surged 73%.
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Egyptian automotive corp to exclusively manufacture Russia Lada Granta
Al-Amal is expected to be the sole manufacturer and assembler of Lada Granta in the Middle East and Africa once it starts production in Q4/2014.
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Mercedes-Benz launches the all new C-Class in Egypt
The new Mercedes-Benz C-Class is set to establish new standards in the premium medium-size category.
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Egypt's licensed vehicles rise to 7 million in 2013: CAPMAS
Nearly 10 percent rise in vehicles nationwide last year, with passenger cars ahead in terms of number.
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What cars do Egyptians buy?
Crowded streets tend to convey that Egyptians actively buy cars - but which brands are most popular?
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GIZA National Automotive opens Egypt's largest Sales & Service Center
GNA Mercedes-Benz opens Egypt's largest 3S facility for Sales, Service and Spare Parts.
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4% of GDP lost due to traffic congestion in Cairo
The economic costs of traffic congestion in Cairo could be as high as 4 percent of GDP yearly - what are possible solutions?
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Who are China's biggest car exporters and why should Egypt care?
As Egypt is building factories to manufacture Chinese cars, China is striving to become the world’s biggest car exporter.
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Egyptian carpooling innovation Wadeeny goes mobile
Wadeeny launches its international carpooling application for Android and iPhone, with its new currency “Wadeeny KMs”.
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Chery, Geely, BYD, Lifan, Changhe, Kinglong, Jinbei spare parts wholesale
Cina Auto Parts is one of leading spare parts wholesales company and offers spare parts for several Chinese cars.
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QNET brings the Marussia F1 Team Show Car to Lebanon
QNET, the official direct selling partner of the Marussia F1 team, makes a pit stop in Beirut to showcase the car.
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Volvo Adventure to send Egypt's team to Sweden
Sadat City Language School in Egypt is one of the finalist teams of Volvo Adventure, a global education and award program.