Exploring the Top-Selling Cars in February

The automotive market in February saw notable trends in both locally assembled and imported cars. Locally assembled car sales experienced a modest uptick of 7.5%, totaling 5.3 thousand units in the initial two months of 2024, compared to approximately 4.9 thousand units during the same period in 2023, as per the latest report by the Automotive Market Information Council (AMIC).

On the other hand, imported car sales surged by a remarkable 95.9%, reaching 5.2 thousand units during the same period in 2024, compared to around 2.7 thousand units in 2023.

Leading the charge in locally assembled car sales was Nissan, capturing a substantial 37% market share, with over a thousand cars sold in February.

Following closely, the Chinese Hyundai brand secured the second spot with a 27% market share, selling 748 cars,

while Chery-Ghabbour trailed in third place with a 25% market share and 693 cars sold.

BYD claimed the fourth position with a 10% market share and 280 cars sold,

while Toyota settled in fifth place with a 2% market share, selling 47 cars. Notably,

Jeep recorded zero sales during February, as per the locally compiled ownership car sales data in Egypt.

In the realm of imported cars, MG emerged as the leader, commanding a 22.3% market share and selling 680 cars.

Toyota followed suit, securing a 17.1% market share with 520 cars sold, trailed by Kia with a 12.3% market share and 375 cars sold.

Fiat claimed the fourth spot with an 11.8% market share and 630 cars sold,

while Suzuki secured fifth place with a 9.8% market share and 297 cars sold.

Chevrolet, Chery-Ghabbour, Mitsubishi, Peugeot, and Renault rounded off the list, each with their respective market shares and sales figures.

Overall, the automotive market in February showcased significant dynamics in both locally assembled and imported car segments, reflecting evolving consumer preferences and market trends.