The Best-Selling Cars During the First 5 Months of 2023:
‘Nissan’ Leads the Market
The Japanese brand ‘Nissan’ maintained its lead in the sales of the best-selling ‘owner’ cars in Egypt during the first five months of the year. It acquired 25.2% of the market share, selling 5.5 thousand cars, compared to the same period last year.
According to the Automotive Market Information Council (AMIC) report, private car sales dropped to about 80.2 thousand cars in the first 5 months of 2023, down 73% compared to the corresponding period of the previous year.
‘Chery-Gabbour’ secured second place with a market share of 17.5% and sales of 3.8 thousand cars. This was followed by the brand ‘Renault’, ranking third with sales of 2.2 thousand cars and a market share of 10.4%. The ‘BYD’ brand ranked fourth, with a market share of 8.8% and sales of 1.4 million cars, followed by the ‘Toyota’ brand in fifth place with a market share of 6.8%.
‘Mitsubishi’ ranked sixth on the list of best-selling brands, recording a market share of 4.5% and sales of approximately 988 cars.
The MG brand ranked seventh, with sales of 909 cars and a market share of 4.2%. ‘Hyundai’ came in eighth place, with about 687 cars sold and a market share of 3.1%. In ninth place was ‘Opel’, with a sales volume of 597 cars and a market share of 2.7%. Finally, ‘Citroen’ was in tenth place with sales of 441 cars and a market share of 2%.
The ‘Subaru’ brand ranked eleventh with sales of 382 cars and a market share of 1.7%. The ‘Suzuki’ brand came in twelfth after reaching sales of 294 cars and a market share of 1.3%.
Other models recorded sales of 1.5 thousand cars, contributing to a market share of 7.1%.
Sales of European brands declined by 78.3%, and Indian brands sold only one car in five months.
According to the country of origin, Indian cars recorded only one sale during the first five months of this year, which was consistent with the same period in 2022.
According to the AMIC report, European car sales in Egypt fell by about 78.3% during the first five months, to 3.7 thousand cars, compared to approximately 17.3 thousand cars sold during the same period in 2022.
Sales of Chinese models decreased by about 68.5% to register 7 thousand cars, compared to about 19.8 thousand cars sold in the corresponding period the previous year. Sales of American-made cars fell by 82.6% to 489 cars, compared to about 2.8 thousand cars sold in the same period last year. Japanese auto sales dropped by 65.8% to 8.8 thousand cars, compared to about 25.9 thousand cars sold during the same period. Meanwhile, Korean car sales fell by approximately 86.5% to 1.7 thousand cars, compared to about 12.7 thousand cars in the same period the previous year.
