![\"egypt-car-market-growth-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/nissan-1.jpg\")
<\/p>\nThe Egyptian car market experienced significant growth in the first 10 months of 2024, with total sales reaching 78,400 vehicles\u2014an increase of 12.02% compared to 70,010 vehicles sold in the same period of 2023.<\/p>\n
This surge reflects a recovering market, bolstered by increasing consumer demand and competitive offerings.<\/p>\n
Passenger Car Sales Surge by 18%<\/p>\n
According to the latest report from the Automotive Market Information Council (AMIC), passenger car sales showed remarkable growth, totaling 62,300 units\u2014an 18% increase compared to 52,800 units sold during the corresponding period last year.<\/p>\n
October alone accounted for 9,600 passenger cars sold, representing a 7.3% year-on-year rise from 8,900 units sold in October 2023.<\/p>\n
Trucks Steady, Bus Sales Decline<\/p>\n
Truck sales across various categories remained stable, recording a slight increase of 0.1% with 10,380 units sold compared to 10,370 units during the same period in 2023. Conversely, bus sales saw a notable decline of 15.6%, dropping from 6,700 units in 2023 to 5,600 units in 2024.<\/p>\n
Top-Selling Brands: Nissan Leads the Pack<\/p>\n
Japanese automaker Nissan maintained its leadership position in the Egyptian car market, capturing 15.1% of the market share with 11,800 units sold. <\/p>\n
Close on its heels, Chery Ghabbour ranked second with a 13.6% market share, selling 10,600 units. The top five brands were rounded out by:<\/p>\n
![\"egypt-car-market-growth-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/chevroleh-10.jpg\")
<\/li>\n<\/ul>\n![\"egypt-car-market-growth-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/hyundai.jpg\")
<\/li>\n![\"egypt-car-market-growth-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/toyota-3.jpg\")
<\/li>\n<\/ul>\nEmerging Contenders in the Market<\/p>\n
Other notable performers included MG, which secured sixth place with 4,900 units sold (6.3% market share), and BYD, selling 4,000 cars for a 5.2% market share. Kia followed in eighth place with 3,100 units sold (4% market share), while Mitsubishi and Renault rounded out the top ten with 2,500 and 2,100 units sold, respectively.<\/p>\n
Noteworthy Mentions<\/p>\n
The Suzuki brand fell to eleventh place, selling 1,800 cars (2.4% market share), while Geely Abu Ghaly ranked twelfth with 1,400 units sold (1.8% market share). ![\"egypt-car-market-growth-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/suzuki-2.jpg\")
<\/p>\n
Other brands collectively accounted for 9,100 units sold, representing an 11.7% market share.<\/p>\n
Market Outlook<\/p>\n
The Egyptian car market\u2019s consistent growth highlights its resilience and potential, with leading brands continuing to compete fiercely for market dominance.<\/p>\n
The upward trajectory in passenger car sales and the steady performance of trucks indicate positive momentum, despite challenges such as declining bus sales.<\/p>\n
With major players like Nissan, Chery Ghabbour, and Chevrolet setting the pace, the market is poised for further expansion as 2024 comes to a close.<\/p>\n","protected":false},"excerpt":{"rendered":"
Car Market in Egypt Sees 12% Growth in 2024: Nissan Leads the Way The Egyptian car market experienced significant growth in the first 10 months of 2024, with total sales reaching 78,400 vehicles\u2014an increase of 12.02% compared to 70,010 vehicles sold in the same period of 2023. This surge reflects a recovering market, bolstered by …<\/p>\n","protected":false},"author":2,"featured_media":6102,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[44],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6634"}],"collection":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/comments?post=6634"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6634\/revisions"}],"predecessor-version":[{"id":6635,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6634\/revisions\/6635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/6102"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=6634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=6634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=6634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}