Market will recover in coming period: CEO of Toyota Egypt

Toyota Egypt is one of the largest companies and the oldest companies operating in the Egyptian market. Toyota managed to receive special attention and passion by the Egyptian consumer, which led it to become the top automobile company and the bestseller in Egypt.

In continuation of this success, Daily News Egypt conducted an interview with the CEO of Toyota Egypt, Ahmed Monsef, to know about the future of the company in the country, especially after the recent economic measures of floating and decreasing the volume of imports of cars and the decline in the volume of sales of the market as a whole.

At first, we would like to know more about Toyota’s history in the Egyptian market.

Toyota Egypt has been operating in the local market for 40 years and has been able to build a large base of customers with confidence in the brand. It has approximately 11 branches, which are managed entirely through the company and approximately 24 authorised distributors to sell its various products.