The Egyptian Compulsory Insurance Association Reports Over 40.7 Thousand Vehicle Registrations in September
The Egyptian Compulsory Insurance Association Reports Over 40.7 Thousand Vehicle Registrations in September
A recent report from the Egyptian Compulsory Vehicle Insurance Association has revealed that over 40.7 thousand vehicles were insured and licensed in September 2024.
Here’s a breakdown of the report findings:
Licensing and Insurance Overview
The total number of vehicles issued with insurance documents included:
- 2021 Models: 3,030 vehicles
- 2022 Models: 4,732 vehicles
- 2023 Models: 5,197 vehicles
- 2024 Models: 17,564 vehicles
- 2025 Models: 10,190 vehicles
Private Car Licensing
Out of the total, 14,128 private cars were insured and licensed in September, classified by model year:
- 2021: 339 cars
- 2022: 561 cars
- 2023: 1,394 cars
- 2024: 7,459 cars
- 2025: 4,375 cars
Motorcycle Insurance and Licensing
Motorcycles recorded a substantial number of issued insurance documents, totaling 24,008 units, with the following breakdown:
- 2021 Models: 2,591 motorcycles
- 2022 Models: 3,891 motorcycles
- 2023 Models: 3,533 motorcycles
- 2024 Models: 9,203 motorcycles
- 2025 Models: 4,790 motorcycles
Transport Vehicles
The report also indicated 1,432 transport vehicles were licensed, segmented as follows:
- 2021 Models: 26 vehicles
- 2022 Models: 130 vehicles
- 2023 Models: 110 vehicles
- 2024 Models: 110 vehicles
- 2025 Models: 725 vehicles
Top Vehicle Brands
Chery emerged as the top brand in terms of total vehicles insured, with 1,376 units. The top 10 brands overall were:
- Chery: 1,376 vehicles
- Hyundai: 1,288 vehicles
- MG: 1,157 vehicles
- Chevrolet: 1,143 vehicles
- Mercedes: 1,096 vehicles
- Kia: 949 vehicles
- Mitsubishi: 856 vehicles
- Toyota: 797 vehicles
- BYD: 660 vehicles
- Nissan: 654 vehicles
Passenger Car Segment
In the passenger car segment, Chery took the lead with 1,376 cars, followed by:
- Hyundai: 1,282 cars
- MG: 1,157 cars
- Mercedes: 1,010 cars
- Kia: 949 cars
Transport Segment
For transport vehicles, Chevrolet led the segment with 877 vehicles. Other brands in the top five were:
- Chevrolet: 877 vehicles
- Isuzu: 106 vehicles
- Toyota: 76 vehicles
- Mercedes: 74 vehicles
- GMC: 52 vehicles
This report provides an insightful look at Egypt’s vehicle market trends, highlighting both the popularity of new models and the preferred brands across vehicle categories.