Egypt’s car boom: How local factories, falling prices are reshaping the market

The surge, fuelled by fresh investments, expanded production lines, and falling prices, points to a rebound in consumer demand and Egypt’s potential emergence as a regional hub for car manufacturing.

Sales rose by 96.9 percent year on year to 74,490 units in the first six months of 2025, compared with 37,830 a year earlier, according to the Automotive Marketing Information Council (AMIC).

Growth was spread across all categories: passenger cars up 97 percent, buses up 49.7 percent, and trucks up 118.7 percent.

Former executive director of the Automobile Manufacturers Association, Hussein Mostafa, told Ahram Online that “locally assembled cars have outperformed imports for the first time in many years.” 

He attributed the shift to expanded local production lines and new factories, some already in operation and others nearing completion.

“The market has also seen the entry of new agencies offering both economy and luxury brands, which boosted competition and drove down prices by 15 percent to 20 percent,” Mostafa said.