News
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Finance Ministry Allocates £675 Million for Green Incentive in Vehicle Replacement Initiative
Dr. Mohamed Maait, Minister of Finance, announced that the state’s public treasury has allocated £675 million for the green incentive…
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Nissan Outperforms Chery-Gabbour in Sales of Locally Assembled Cars
Sales of locally assembled cars have significantly decreased by around 48%, recording roughly 12,000 units sold in the first five…
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Chevrolet Dominates Truck Market Sales for the First Five Months of 2023
The Chevrolet brand has led the pack in truck sales over the first five months of this year, garnering the…
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Egyptian Association Reports Over 17.9K Vehicles Licensed in June: Chevrolet Leads, Followed by Nissan in Private Cars
In June, the Egyptian Compulsory Insurance Association’s monthly report revealed that approximately 17.9 thousand vehicles, including cars, transport vehicles, and…
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Car Market Experiences a 71% Sales Dip in the First Five Months of the Year
Significant Decline in Car Sales In the first five months of the year, car market sales saw a dramatic decrease,…
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“Egypt’s Used Car Market Sees a 30% Price Surge Due to New Car Shortage”
Increased Demand for Used Cars Amidst New Car Price Hikes The Egyptian used car market has gained popularity recently, as…
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Port Tawfiq in Suez has seen the arrival of 7,500 cars from Gulf nations under the auspices of the Egyptians Abroad Cars Initiative.
Port Tawfiq in Suez has seen the arrival of 7,500 cars from Gulf nations under the auspices of the Egyptians…
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Presidential Initiative Delivers 27.3 Thousand Vehicles, Secures £7.5 Billion in Bank Financing
Presidential Initiative Delivers 27.3 Thousand Vehicles, Secures £7.5 Billion in Bank Financing The Presidential Initiative to replace vehicles over 20…
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Al-Amal Automotive: Exploring Local Production of Electric Cars
Al-Amal Automotive, the agent for BYD and Lada brands in Egypt, is considering manufacturing electric cars locally. The company has…
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Al-Amal Automotive: Exploring Local Production of Electric Cars
Al-Amal Automotive: Exploring Local Production of Electric Cars Al-Amal Automotive, the agent for BYD and Lada brands in Egypt, is…
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