Automotive News

El-Khatib reaffirmed Egypt’s commitment to advancing the automotive industry and its supporting sectors as key pillars of the national economy.
28.11.2024 | News by Egypt Today

EFG Corp-Solutions acted as one of the lenders of the transaction, alongside EFG Holding’s commercial bank Bank NXT, EG Bank, and others.
26.11.2024 | News by Enterprise

Egypt launched the production line of the Chinese-made Exeed cars on Sunday at the Egyptian-German Automotive's (EGA) factory in the Sixth of October.
19.11.2024 | News by Ahram Online

This partnership will contribute to the country’s long-term economic growth and industrial development by meeting domestic market demand and expanding
19.11.2024 | News by Ahram Online

This cooperation comes within the framework of environmental protection, and the plan to develop new clean energy buses.
18.11.2024 | News by Egypt Today

PM Madbouli spoke at a ceremony to return of production lines at the state-owned El-Nasr Automotive Manufacturing Company (NASR) after 15-years.
17.11.2024 | News by Ahram Online

Saad further expected that the "BRICS" agreement to have a major impact on car prices, advising people to postpone their decision to buy a new car.
30.10.2024 | News by Egypt Today

he factory will be constructed on a site spanning 120,000 square metres, with production slated to commence by the end of 2025.
29.10.2024 | News by Ahram Online

This would cap monthly imports at 8,000 cars, a significant reduction from the 90,000 cars imported last year.
23.10.2024 | News by Zawya

The discussion focused on the localization of automotive production in Egypt and the challenges faced by the sector.
23.10.2024 | News by Egypt Today

As the world pivots toward greener transportation, Egypt has been eyeing becoming a key player in the global electric vehicle (EV) market.
21.10.2024 | News by Egyptian Gazette

Egypt is poised for the production of key components such as motors and batteries, and eventually for full-scale vehicle production.
16.10.2024 | News by Waya Media

The summit represents an ideal platform for leading companies to explore investment opportunities in this sector.
14.10.2024 | News by Zawya

Egyptian International Motors plans to invest some $100 million in its vehicle manufacturing business.
14.10.2024 | News by Egypt Today

This project is set to create 3,000 jobs, diversify Egypt’s manufacturing capabilities, and increase the country’s export potential.
Papers by Egypt Business Directory

With the rise of electric vehicles worldwide, the question arises: Could El-Nasr be poised to play a key role in Egypt's green future?
Papers by Egypt Business Directory

El-Nasr was founded in 1960 as the first automotive production firm in the Middle East.
19.09.2024 | News by Ahram Online

Overall imports dropped by 3.3 percent in June 2024 to $6.0 billion, down from $6.21 billion in the same month the previous year.
16.09.2024 | News by Egypt Today

The sales of passenger cars increased by 97.6 percent in volume in July 2024 compared to July 2023.
09.09.2024 | News by Ahram Online

Passenger cars led the sales increase, rising 50.7 percent from June to approximately 9,700 units, making up 85.5 percent of total sales.
29.08.2024 | News by Egypt Today