cars

Automotive market sees surge in sales in April led by passenger vehicle segment

Thu, 12 Jun 2025 - 12:37 GMT

The latest figures point to sustained recovery in the market, which began regaining momentum in February after a sharp 22.0 percent decline in January.

Automotive market continues to recover, reports modest growth in March

Sun, 11 May 2025 - 12:45 GMT

This marks a modest increase from February’s 10,600 units and signals a continuation of the sector’s recovery that began after a steep January decline

Auto sales slip in January by 22% month-on-month, but remains higher than January 2024

Sun, 09 Mar 2025 - 12:40 GMT

Despite the monthly downturn, auto sales in January showed strong year-on-year (YoY) growth.

Car carrier AICC HUANGHU crosses Suez Canal on its first maritime voyage

Thu, 13 Feb 2025 - 01:51 GMT

The vessel, registered under the flag of the Marshall Islands, is 199 meters long, 38 meters wide, and has a draft of 10 meters. It boasts a capacity of up to 7,000 cars and features environmentally friendly technology, including a dual-fuel engine that can operate on liquefied natural gas.

Egypt’s Auto Market sees strong December growth, capping a positive 2024

Thu, 06 Feb 2025 - 01:24 GMT

The beginning of 2024 was particularly difficult for the auto market, with sales plummeting to the lowest point since AMIC started tracking sales data in January 2019. Despite this, the market gradually recovered and finished the year on a high note.

Egypt's car imports decline to $147 million in October 2024

Tue, 14 Jan 2025 - 11:56 GMT

Egypt's car imports declined in October 2024 compared to the same month last year 2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

$61 million decline in Egypt's passenger car imports in August: CAPMAS

Mon, 18 Nov 2024 - 12:15 GMT

Egypt's imports of passenger cars have declined recently, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

Return of Nasr Automotive Company is critical juncture for automotive industry: Min.

Sat, 16 Nov 2024 - 11:06 GMT

El Nasr Automotive Manufacturing Company is one of the important castles of industry and business sector in Egypt, he added.

BRICS agreements to have major impact on car prices in Egypt: Official

Tue, 29 Oct 2024 - 08:55 GMT

A major breakthrough in the automotive sector is expected after Egypt officially entered the BRICS.

Investment Ministry developing transparent policies, reforms to facilitate auto industry localization

Tue, 22 Oct 2024 - 11:55 GMT

The investment minister held an extensive meeting with representatives of global car manufacturers, agents, and distributors to bolster Egypt's automotive industry on Tuesday.

Egyptian auto sales in August up 25% YoY despite falling 12% MoM

Thu, 10 Oct 2024 - 01:09 GMT

On a yearly basis, August sales were fueled by a 33.9 percent year-over-year rise in car sales and a 22.0 percent increase in bus sales.

Egyptian imports of passenger cars decline by $22.9M in June 2024

Thu, 12 Sep 2024 - 10:24 GMT

Overall imports dropped by 3.3 percent in June 2024 to $6.0 billion, down from $6.21 billion in the same month the previous year.

Automotive sales jump by 42.2% MoM in July

Wed, 28 Aug 2024 - 01:24 GMT

This marks the fourth consecutive month of increased sales, following a significant 43 percent decline in March

Egypt’s passenger cars’ imports surge to $1.13B during 2024: CAPMAS

Tue, 06 Aug 2024 - 10:47 GMT

CAPMAS reported a significant increase in Egypt’s car imports recently, hitting $169.7 million in April, a leap from $92.8 million in April 2023, showing growth of about $76.9 million.

Auction for registration plate “dab-111” reaches over LE2.5M

Wed, 24 Jul 2024 - 11:44 GMT

An online auction held by the traffic department of the Ministry of Interior for a “special” registration plate has amounted to more than L.E.2.5 million.

Auto sales in Egypt record 4.2k vehicles sold in March 2024

Wed, 01 May 2024 - 05:30 GMT

In terms of year-over-year performance, automobile sales in March experienced a decline of 37 percent. This was primarily driven by a decrease of 41 percent in passenger car sales.

Egypt's sold cars hits 7,400 unit in February 2024: AMIC

Tue, 02 Apr 2024 - 01:56 GMT

This recovery follows a period of decline in January, which marked the lowest point in the past 10 months.

Egypt's imports of cars surge by $54.8M in December 2023

Wed, 13 Mar 2024 - 01:41 GMT

Egypt's imports of passenger cars amounted to $223.4 million in November 2023, exhibiting a growth compared to $107.3 million in the same month of 2022, with an increase of $116.9 million

EU Commission supports safer cars in Africa, enacts legislation against environmentally unfriendly exports

Sun, 12 Nov 2023 - 10:47 GMT

This came during a panel discussion entitled,”Used and grey vehicle imports - the reality, the journey and the opportunity in a just transition”.

AMIC reveals automotive sales to be on the rise, climbing 43% MoM in May

Tue, 04 Jul 2023 - 03:31 GMT

May 2023’s sales numbers reached 7.3 thousand, according to the latest data from the Automotive Marketing Information Council (AMIC)

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