Nasr Motors Company Auction Kicks Off Today Thursday in Helwan

Nasr Motors Company has announced a public auction for various items, launching today, Thursday, October 1, 2026. The auction starts at 12 PM at the company's headquarters in Wadi Hof, Helwan. The entry deposit is 300,000 Egyptian pounds.

Used Cars and Scrap Among Auction Items

The lots include used passenger cars (unlicensed) and scrap, along with scrap microbuses (unlicensed). The list also features iron structures, sheet metal, rubber tires, scrap rims and wheels. Various spare parts and miscellaneous items are available, plus many other categories. This diversity attracts buyers from scrap dealers and spare parts shops. The auction is a rare opportunity to acquire classic cars.

Entry Conditions and Catalog

To participate, bidders must pay a 300,000 EGP deposit at the company's Wadi Hof headquarters. The conditions booklet can be obtained from the company's office or from the appraiser's office, Mostafa Mokhtar Hanafy, at 9 Sherif Street in Abdeen, Cairo. Interested bidders should review the booklet and understand the terms before bidding. Nissan is one of Egypt's oldest car companies.

Why This Auction Matters

The Nissan auction isn't just an ordinary event. It combines used car sales with spare parts and raw materials, serving multiple sectors. Auction prices may be lower than the open market. Suppliers for Toyota and Renault who seek rare parts or recyclable metals could benefit. Competition among traders is expected to be fierce.

Logistics and Location

On the long roads to Helwan, the Nissan company headquarters is in Wadi Hof, a well-known industrial zone. Participants can easily reach it via the Ring Road. The auction begins at 12 PM, allowing ample preparation time. Those who wish to register must be ready to pay the deposit in cash.

This auction reflects the ongoing activity of Nasr Motors in selling assets and scrap, despite challenges facing Egypt's automotive industry. Buyers may look for brands like Toyota or Renault among the used cars on offer. In any case, the auction provides a chance to obtain genuine spare parts at competitive prices.