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Nissan Magnite Launches in Egypt with 55% Local Content — A Stronger Start Than Expected
The number is striking. Nissan Egypt confirmed its all-new Magnite has entered local production with a domestic content ratio of 55%, far exceeding the mandatory minimum. Mohamed Abdel Samad, Managing…
BYD Opens New Technology Center in Alexandria, Expands Egypt Footprint
BYD has officially opened its latest technology center in Alexandria, located inside the New Downtown Mall. The move is part of a broader push to strengthen the Chinese brand's presence…
Industry Minister: Engineering Industries Are the Gateway to Competitive Car Manufacturing
Egypt's industrial landscape is shifting. Engineer Khaled Hashem, Minister of Industry, confirmed that engineering industries represent one of the most strategic drivers for deepening local manufacturing. The reason is clear:…
New Financing Offer from Alkan Auto on BAIC X7: 50% Down Payment and Zero Interest
Alkan Auto, the official distributor of the BAIC brand in Egypt, has announced a limited-time financing offer on the BAIC X7 SUV. This new package is designed to make owning…
Kia Records Global Sales of 1.63 Million Vehicles in First Half of 2025
Kia has announced global sales of 1.63 million vehicles during the first half of the current year, up from 1.58 million vehicles recorded in the same period last year, marking…
Kia Reports Q2 Profit of $1.6 Billion Despite Tariffs and Geopolitical Risks
Kia has announced a 2.6% increase in its net profit for the second quarter of this year compared to the same period last year, reaching 2.32 trillion Korean won, approximately…
Nissan Maintains Leadership in Local Assembly Car Sales in Egypt with 38.6% Market Share
Nissan has successfully retained its position as the market leader in locally assembled car sales in Egypt during the first five months of the current year. According to the latest…
Experts Warn Varta Breakup Could Deal a Major Blow to Germany's Battery Industry
Battery manufacturing expert Dirk Uwe Sauer has warned that the potential breakup of German battery manufacturer Varta, headquartered in the state of Baden-Wurttemberg, could create significant challenges for the country's…
Diamond Motors Opens Integrated Fuji Center for Mitsubishi in New Cairo
In a strategic and pivotal move to strengthen its local presence, Diamond Motors, the exclusive agent for Mitsubishi in Egypt and a leading company within the Al Mulla Group, announced…
Aston Martin Secures £550 Million Financing to Boost Liquidity
British luxury car manufacturer Aston Martin has secured a new financing package worth £550 million (approximately $736 million), aimed at strengthening liquidity and supporting its operational plans after a period…
Egyptian Minister: Mercedes Current 5,000 Annual Capacity Is Not Enough — We Demand Expansion
Egypt's Minister of Industry, Engineer Khaled Hashim, has called on Mercedes-Benz Egypt to take new expansion steps in the local market. During a meeting with a delegation led by Thomas…
Tesla's Billions Bet on AI Squeezes Q2 Profits Despite Record Deliveries
Tesla reported mixed financial results for the second quarter of 2026, exceeding revenue expectations on the back of a sharp increase in vehicle deliveries, but falling short on profitability. The…
Rolls-Royce Launches The Spirit of Marassi and Unveils Spectre Series II for the First Time in Egypt and the Middle East
Rolls-Royce Motor Cars Middle East and Africa has announced the launch of The Spirit of Marassi event for the first time in Egypt, offering an exclusive experience on the North…
Rohan: Adopting FMVSS Standards Is a Pivotal Step for Market Opening; Clear Regulatory Framework Brings Cadillac Back to Egypt
General Motors Egypt has officially welcomed the Egyptian government's decision to adopt the Federal Motor Vehicle Safety Standards (FMVSS), announced during a high-level visit to the company's factory in the…
Industry and Investment Ministers Inspect General Motors Egypt Plant in 6th of October City
Engineer Khaled Hashem, Minister of Industry and Internal Trade, and Dr. Mohamed Farid, Minister of Investment and Foreign Trade, conducted an inspection tour of the production lines at the General…
Shanghai Summons Tesla, BYD, and Xiaomi to Regulate Digital Auto Content
Shanghai authorities have convened a major meeting with leading automakers, dealer groups, and internet platforms to tighten compliance with regulations governing the dissemination of automotive-related information, as part of a…
Adoption of US Federal Safety Standards in Egypt Boosts Inflow of American Cars
General Motors Egypt has expressed its strong support for the Egyptian government's decision to adopt the U.S. Federal Motor Vehicle Safety Standards (FMVSS). The company stated that this step represents…
Egyptian Ministers Inspect GM Egypt Factory as US Safety Standards Are Adopted
Engineer Khaled Hashim, Minister of Industry and Internal Trade, and Dr. Mohamed Farid, Minister of Investment and Foreign Trade, inspected the production lines at General Motors Egypt's factory in the…
Egyptian Investment Minister Announces Opening Market to US-Standard Vehicles During GM Plant Visit
Dr. Mohamed Farid Saleh, Egypt's Minister of Investment and Foreign Trade, officially announced the opening of the Egyptian market to vehicles complying with the US Federal Motor Vehicle Safety Standards…
Egypt's Ministry of Industry Completes Procedures for US-Made Cars Market Entry
Egypt's Ministry of Industry announced the completion of official procedures allowing vehicles manufactured in the United States to enter the Egyptian market. The announcement was made during a ceremony held…
US Auto Exports to Egypt Surpass $256 Million After Adoption of Federal Safety Standards
The U.S. Department of Commerce announced that American exports of vehicles and automotive parts to Egypt have exceeded $256 million, following the Egyptian government's decision to adopt the Federal Motor…
Egypt Adopts US Federal Vehicle Safety Standards: GM Applauds the Move
Egypt Officially Approves American Vehicle Safety Standards for Local MarketThe Egyptian government has officially adopted the Federal Motor Vehicle Safety Standards (FMVSS) for the local automotive market, a move that…
General Motors Welcomes Adoption of US Vehicle Safety Standards in Egypt
General Motors Egypt has officially welcomed the Egyptian government's decision to adopt the Federal Motor Vehicle Safety Standards (FMVSS), announced during a high-level official visit to the company's factory in…
AI Investments Squeeze Tesla Liquidity Ahead of Q2 Results
Investors are closely watching Tesla's second-quarter results, with expectations of the company recording its first negative free cash flow in over two years, as the company continues to pour massive…
Industry Minister: Accreditation System Supports Egyptian Car Companies' Integration into Global Supply Chains
Engineer Khalid Hashem, Egypt's Minister of Industry, affirmed that developing the accreditation system is a key driver for enhancing the competitiveness of the automotive industry and its feeder industries in…
JSW Group in Advanced Talks to Acquire Majority Stake in Volkswagen India
Volkswagen AG is reportedly in advanced discussions with India's JSW Group regarding the potential sale of a majority stake in its Indian subsidiary, Skoda Auto Volkswagen India. The German automaker…
Daimler Truck Launches €1 Billion Cost-Cutting Program, Cuts 5,000 Jobs in Germany
Daimler Truck, the German commercial vehicle manufacturer, has announced an ambitious cost-cutting program aimed at reducing operational expenses in Europe by more than €1 billion by 2030. The decision comes…
BYD Delivers Over 2,000 Electric and Hybrid Cars in Egypt in Just 146 Days
BYD has achieved a remarkable milestone in the Egyptian automotive market, with its official distributor Man Dream announcing the delivery of more than 2,000 vehicles in under five months. According…
General Motors Raises 2026 Profit Outlook After Strong Q2 Growth
General Motors has raised its profit expectations for 2026 after reporting strong operational results in the second quarter, driven by sustained demand for SUVs and pickup trucks in the North…
BYD Becomes Official Mobility Partner of Paris Saint-Germain Until 2029
BYD, a world leader in electric and hybrid vehicle manufacturing, has signed a new partnership agreement with French football club Paris Saint-Germain (PSG) running through 2029. Under the deal, BYD…
BYD Takes Over Egypt's NEV Market with 8 Models and 2,000 Cars Delivered in 146 Days
Chinese automaker BYD has achieved an unprecedented milestone in the Egyptian market, capturing over 20% of the New Energy Vehicle segment within just 146 days of its official launch. This…
Jetour Achieves 85% Growth in Car Registrations in Egypt During H1 2026
Chinese automotive brand Jetour has achieved remarkable growth in the number of registered vehicles in the Egyptian market during the first half of 2026, recording an 85% increase compared to…
BYD Captures Over 20% of Egypt's New Energy Vehicle Market in Just 146 Days
BYD, through its official distributor in Egypt, has announced that it has achieved a market share exceeding 20% in the country's new energy vehicle segment, just 146 days after officially…
European Cars in Egypt Maintain Market Share Despite Chinese Dominance
European automotive brands have successfully maintained their market share in the Egyptian passenger car market at 13.5% during the first four months of this year, despite fierce competition from Chinese…
Maxus Set to Enter Egyptian Market with SUVs and Electric Vans
Chinese automaker Maxus, a subsidiary of the SAIC Motor group, is preparing to enter the Egyptian market in the near future. Advanced negotiations are currently underway to select a local…
Diamond Motors Delivers First Batch of Mitsubishi Destinator to Customers in Egypt
Diamond Motors, the exclusive distributor of Mitsubishi in Egypt and part of Kuwait's Al Mulla Group, held a special handover ceremony for the first batch of the all-new Mitsubishi Destinator.…
Citroën Records Strong Sales Growth in First Half of 2026
Citroën has reported outstanding performance during the first half of 2026, driven by solid results in European and global markets. Global sales rose by 4.4%, including the Chinese market, while…
Unannounced Restrictions on Fully Built Car Imports Aim to Boost Local Assembly
Specialized reports indicate that the Egyptian Cabinet has quietly tightened procedures for importing fully built vehicles. These unannounced restrictions reportedly involve prolonging customs registration processes and prioritizing the allocation of…
Allianz Calls for Using Used Spare Parts in Car Repairs Instead of New Ones
German insurance giant Allianz has called on the federal government to allow the use of used spare parts in car repairs, amid the significant surge in prices of new components…
Chinese OMODA Brand Appears in Egypt’s Vehicle Registration Lists Ahead of Official Launch
The Chinese automotive brand OMODA has appeared in Egypt’s vehicle registration lists during the past month of June, after a single unit of the C5 model was registered at one…
Exeed Egypt Inaugurates First Official Showroom in Alexandria to Boost Local Presence
Exeed Egypt has announced a significant new expansion milestone with the official inauguration of its first dedicated showroom in the governorate of Alexandria. This strategic move reflects the brand's firm…
Citroën Reports Unprecedented 98% Surge in Electric Vehicle Orders
French automaker Citroën has announced an unprecedented surge in demand for its electric vehicles during the first half of 2026, with purchase orders climbing by an impressive 98% compared to…
40% Discount on Fiat Tipo and Fiat 500X Maintenance in Egypt via Dynamix
Dynamix, the official distributor of Fiat in Egypt, has launched new offers on maintenance services for the Italian brand's vehicles. These promotions aim to ease the financial burden on car…
Aston Martin Launches the Armored Dreadnought for Call of Duty Battles
In an unprecedented collaboration between the luxury automotive industry and the world of video games, Aston Martin has unveiled its all-new virtual vehicle named Dreadnought, specifically developed to appear in…
Tesla Expands Despite Challenges: Record Profits and Thousands of New Jobs with Ambitious Strategy for 30 Markets
Tesla, the American electric vehicle manufacturer, continues to execute its ambitious expansion plans in Europe, heavily relying on its German factory in Grünheide near Berlin. The company is capitalizing on…
Exeed Egypt Opens Its First Showroom in Alexandria as Part of Geographic Expansion Plan
Exeed Egypt has officially inaugurated its first brand showroom in Alexandria Governorate, marking a key milestone in the company's commitment to expanding its footprint across the Egyptian market and reaching…
Egyptian Car Factories Shift to Export: Khaled Saad Reveals Plans
Egypt's automotive industry is undergoing a major transformation, moving from meeting domestic market needs to competing in international markets. Several local factories have announced the start of exports, with expectations…
Egyptian Auto Industry Ready to Conquer Global Markets After Specs Upgrade, Manufacturers Association Says
Engineer Khaled Saad, Secretary General of the Egyptian Automotive Manufacturers Association, confirmed that Egyptian factories are now operating according to international technical specifications, making locally manufactured vehicles qualified to enter…
BYD Becomes Official Mobility Partner of Paris Saint-Germain Until 2029 in New Strategic Partnership
BYD, one of the world's largest automobile manufacturers, has signed a strategic partnership with French football club Paris Saint-Germain that extends until 2029. Under this agreement, BYD becomes the club's…
AVATR Aims to Build a Complete Premium Electric Vehicle Ecosystem in Egypt, Middle East and Africa
Daniel Ma, AVATR’s Operations Director for the Middle East and Africa, confirmed that the Egyptian market represents a strategic pillar in the brand’s global expansion plans. He explained that the…
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BYD Takes Over Egypt's NEV Market with 8 Models and 2,000 Cars Delivered in 146 Days
ExxonMobil Announces New Oil Prices in Egypt, Reaching Up to EGP 97,000
Bugatti Tourbillon Enters Testing Phase with 1,800 HP and New V16 Powertrain After Chiron Era
BYD Captures Over 20% of Egypt's New Energy Vehicle Market in Just 146 Days
