Egypt: Latest automotive news & analysis

Latest insights

COMMENT: Automakers hold their breath as Egypt stutters

2 Feb 2011 | Simon Warburton

Anyone who thought this week's attempt by protesters in Egypt to impose their will on a regime, whose President has been in power for 30 years, was going to be plain sailing, are having to think again.

MARKET SNAPSHOT: Market growth forecast to return to Egypt

12 Nov 2009 | Business Monitor International

As elsewhere in the region, the Egyptian auto market was heavily hit by the impact of the global economic recession in the first half of 2009. Sales of vehicles dramatically dropped by just over a third in H109 compared to the same period in 2008, according to research by Business Monitor International (BMI).

Latest news

Egypt launches local assembly of Foton electric buses

31 Oct 2019 | editorial team

China’s Foton Motor this week handed over the first two units of a consignment of 19 locally-produced electric buses to be delivered to the Egypt’s Ministry of Military Production by the end of the year, in a ceremony to mark the launch of the first phase of a new manufacturing project in the country.

Daimler moves on with resuming Egyptian Mercedes car assembly

24 Jun 2019 | Graeme Roberts

Daimler has moved on its plans - first announced in January - to resume Mercedes-Benz car assembly in Egypt.

SAIC to begin production of MG cars in Egypt in 2020

18 Jun 2019 | Graeme Roberts

Chinese automaker SAIC Motor has agreed to set up a new joint venture in Egypt with its current local distributor to assemble MG brand cars in the country.

SAIC Motor considers vehicle assembly in Egypt

27 Mar 2018 | Staff reporter

SAIC Motor is considering setting up a vehicle assembly operation in Egypt, according to local reports citing an Egyptian government official.

GM to resume operations in Egypt

11 Feb 2016 | Graeme Roberts

General Motors is to restart operations in Egypt on Sunday after temporarily halting operations earlier this week due to its inability to source dollars amid the country's currency crisis.

EGYPT: GM expects slower growth in the Middle East

2 Sep 2013 | Chris Wright

General Motors said it expects to see sustainable new vehicle sales growth in the Middle East but at a slower rate than in the past few years because of uncertainty and political crisis in markets such as Egypt and Syria.

EGYPT: [UPDATED] GM, BASF reopen facilities amid unstable security situation

20 Aug 2013 | Dave Leggett

General Motors says it is continuing to monitor the situation closely in Eygpt after reopening its office amid ongoing major political unrest.

EGYPT: Toyota Fortuner SUV assembly starts

10 Apr 2012 | Graeme Roberts

Toyota Motor Engineering Egypt (TMEE) has held a line-off ceremony for the Fortuner SUV at assembly contractor Arab American Vehicle's factory.

EGYPT: GB Auto inks agreement with Geely

21 Feb 2012 | Graeme Roberts

Egyptian auto importer and assembler GB Auto has signed an agreement with Geely Automobile to build and distribute Geely passenger cars in selected high-growth markets across North Africa, starting with the launch of two models in Egypt in the second quarter of 2012; a small entry-level model and a mid-sized sedan.

EGYPT: GB Auto Q2 net income falls 35%

9 Aug 2011 | Graeme Roberts

Egypt's GB Auto said its second-quarter net income fell 35% year on year to 50.5m Egyptian pounds (US$8.5m). Egypt's biggest listed automobile assembler said net income was 77.7m pounds in Q2 2010.

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