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Taher Shahin: Renault Egypt Strategy Focuses on Real Customer Value and Market Presence
The Egyptian International Motors (EIM), the exclusive distributor of Renault in Egypt, has announced the launch of an exceptional financing campaign for a limited period on a range of its…
Chinese BAW Nears Egyptian Market Entry via B Auto and Al-Rizq Alliance
Chinese automaker BAW is approaching an official entry into the Egyptian market through a strategic alliance between B Auto and Al-Rizq for Cars. This move comes amid growing local demand…
Egyptian EVRAID Exports EV Software and Manufactures Batteries Locally
Egyptian startup EVRAID has unveiled ambitious plans to localize electric vehicle technology in the domestic market, during a recent meeting between company founder and team with Mohamed Farid Saleh, Minister…
Chevrolet Dominates Egypt's Commercial Vehicle Market in June
Chevrolet topped the list of the most licensed commercial vehicle brands in the Egyptian market during June, recording 2,396 vehicles, according to the latest report from the Egyptian Motor Insurance…
Nasr Automotive Returns to Manufacturing Egyptian Passenger Cars by End of 2026
The Metallurgical Industries Holding Company has unveiled new plans for Nasr Automotive Company, set to launch the first Egyptian passenger car bearing its brand name by the end of 2026.…
Stellantis Announces Plans to Launch 17 New Models in Egypt by 2030
Global automotive group Stellantis has announced its intention to introduce 17 new models in the Egyptian market between 2027 and 2030, through its various brand portfolios. This move comes as…
Egypt to Launch First Specialized Auto Components Exhibition This September
Egypt is gearing up to launch its first specialized exhibition for automotive components, machinery, and equipment this coming September. The initiative aims to support local companies operating in industrial supply…
Industry Minister Discusses Mercedes-Benz Egypt Local Expansion Plans
Khaled Hashim, Egypt's Minister of Industry, held a meeting with a delegation from Mercedes-Benz Egypt, led by CEO Thomas Wegershauser, to discuss the company's plans for expanding automotive manufacturing locally…
Stellantis Commits to Egypt: 17 New Models by 2030 and Local Assembly Under Study
Stellantis has reaffirmed its commitment to the Egyptian market, positioning Egypt at the forefront of its growth plans for the Middle East and Africa region. This move is part of…
EGP 75,000 Cashback Offer on New Haval H6 Until End of July
GB Auto, the exclusive distributor of Haval in Egypt, has announced a special promotion on the new Haval H6, offering customers a cashback of EGP 75,000 during the current month…
Mass Protests Erupt at Mercedes-Benz in Germany Over Cost-Cutting Plans
Thousands of workers staged massive protests outside Mercedes-Benz factories across Germany, voicing strong opposition to the company's cost-reduction plans. The demonstrations come as the German automotive industry faces mounting pressure,…
Public Auction for Used Private Cars from Port Said Customs Next Week
The General Authority for Government Services, under the Ministry of Finance, is set to hold a public auction next Thursday, July 16, to sell a number of used private car…
Mercedes-Benz Egypt Discusses Local Expansion Plans with Egyptian Government
Egypt's Minister of Industry Khaled Hashem held an extensive meeting with the leadership of Mercedes-Benz Egypt, led by CEO Thomas Wagershauser, to discuss the company's expansion plans for local automotive…
Stellantis Plans to Launch 17 New Models in Egypt Over 3 Years, Including Local Manufacturing
Stellantis has reaffirmed its strong commitment to the Egyptian automotive market, describing Egypt as one of the fastest-growing markets in Africa and the Middle East. The global automotive group plans…
Lucid Targets Greater Financial Efficiency as Ferrari Strengthens Brand Protection Strategy
The global automotive industry is navigating a pivotal period as the transition toward electric vehicles continues alongside growing profitability challenges and intensifying market competition. These combined pressures are prompting automakers…
Porsche Sells 3 Exclusive Toy Story-Themed Cars to a Single Buyer in a Mysterious Deal
In one of the most unusual and intriguing luxury car deals of the year, Porsche has successfully sold three fully customized, exclusive cars inspired by the iconic animated film Toy…
Continental Sells ContiTech Unit for $4.6 Billion in Restructuring Move
German automotive supplier Continental has announced the signing of an agreement to sell its ContiTech unit, which specializes in rubber and plastic products, to private equity firm Lone Star Funds.…
Tantawy Automotive and BGT Auto Open Joint Showroom in North Coast with EGP 200 Million Investment
Sherif Tantawy Automotive, the authorized distributor for multiple automotive brands, has announced a strategic alliance with BGT Auto involving investments totaling approximately EGP 200 million. The partnership aims to launch…
New Incentives Set to Boost Egypt's Auto Component Localization and Manufacturing
Egypt's automotive component industry is on the verge of a major transformation, as the government prepares to introduce a new package of incentives aimed at supporting feeder industries. This strategic…
Stellantis Unveils Ambitious Egypt Plan: 17 New Models and Local Assembly Study
Stellantis has reaffirmed its strategic commitment to the Egyptian market, positioning it as one of the most important target markets within its growth strategy for the Middle East and Africa.…
Ford Sales Drop 10.3% in Q2 in the US Amid Aluminum Supply Issues
Ford Motor Company reported a 10.3% decline in new vehicle sales in the United States during the second quarter, impacted by supply chain issues with a key supplier for its…
Mercedes-Benz Explores Doubling Investments in Egypt as Government Offers New Incentives
Egypt's Minister of Industry, Engineer Khaled Hashem, held a high-level meeting with a delegation from Mercedes-Benz Egypt led by CEO Thomas Wagershauser to discuss expansion plans in the local automotive…
General Motors Sales Drop 4.2% in US Market During Q2
General Motors announced a 4.2% year-over-year decline in its US market sales during the second quarter of this year, totaling 714,896 vehicles. The drop reflects several key factors, including a…
GM Sales Drop 4.2% in Q2 as US Demand for Electric Vehicles Slows
General Motors reported a 4.2% decline in its U.S. sales during the second quarter, driven by weakening demand for fully electric vehicles and Chevrolet Silverado pickup trucks compared to the…
Volkswagen and Bosch End Autonomous Driving Partnership as Part of Cost-Cutting Plan
Volkswagen's software unit Cariad and Robert Bosch GmbH have officially ended their joint project to develop autonomous driving technologies. The decision comes as part of Volkswagen's strategic restructuring and accelerated…
Micron and General Motors Sign Strategic Agreement for Automotive Memory Chips
Micron Technology and General Motors have announced a strategic supply agreement aimed at providing memory and storage platforms used in vehicle production. This move comes as the automotive industry undergoes…
Egypt Localizes Tire Component Manufacturing with $300 Million Investment, Targeting Exports to Europe and the Americas
In a significant step toward deepening local manufacturing and strengthening Egypt's position as a regional hub for the automotive and feeder industries, Prime Minister Dr. Mostafa Madbouly witnessed the signing…
Opel to Manufacture in Algeria for the First Time Outside Europe: Stellantis Accelerates Local Production Plans
Stellantis is pushing forward with plans to accelerate the construction of an Opel plant in Algeria, as part of a broader strategy to strengthen the German brand's presence in North…
JMC Dealer Eyes Next-Generation Vigus Pickup and New Energy Trucks for the Egyptian Market
Egypt recently welcomed an official delegation from China's JMCG, led by the group's Chairman, Mr. Qiu Tianjiao. During the visit, the delegation held meetings with the local distributor, Transport Distribution…
Car Manufacturing Robots and Stale Spare Parts in General Intelligence Auction
The Egyptian General Intelligence Service has announced a new public auction for the sale of various items through a limited bidding process. The auction session is scheduled to take place…
GB Auto Gears Up to Launch iCAR Electric Vehicle Brand in Egypt This August
GB Auto, the local distributor for several global automotive brands, is preparing for the official launch of iCAR, a brand specialized in electric vehicles, in the Egyptian market next August.…
New $16 Million Ferroalloy Plant to Boost Automotive Ancillary Industries in Egypt
In a strategic move aimed at strengthening Egypt's automotive ancillary industries, the General Authority for the Suez Canal Economic Zone (SCZone) has laid the foundation stone for a new ferroalloy…
JMCG Delegation Visit to Egypt Opens New Horizons for TVD Partnership in Local Manufacturing
Transportation Vehicle Distribution Company (TVD) welcomed Qiu Tiangang, Chairman of the Board of JMCG Group, along with a high-level delegation, in a move both sides described as a qualitative leap…
JMCG Reaffirms Support for Egyptian Market: Plans to Expand Production and Launch New Models
Transport Distribution Company, the local distributor of the JMC brand in the Egyptian market, hosted Qiu Tianguo, Chairman of the Board of Directors of JMCG Group, along with a high-level…
Transport Distribution and JMCG Discuss Local Manufacturing Expansion and All-New Vigus Launch
Transport Distribution Company, the official distributor of JMC in Egypt, welcomed a high-level delegation from the Chinese JMCG Group, led by Mr. Qiu Tianguo, Chairman of the Group's Board of…
Toyota Loses One-Third of Sales in China, 38% in Middle East as Global Decline Continues for Fourth Month
Toyota Motor Corporation has reported a 7.2% year-on-year decline in global sales for May, marking the fourth consecutive month of declining sales for the Japanese automaker. The drop was primarily…
El Arab El Sewedy Signs Strategic Partnership with Chery to Import OMODA and JAECOO in Egypt
El Arab El Sewedy Investments (ESI) has officially announced the signing of a strategic partnership agreement with Chinese automaker Chery, making it the official distributor for the OMODA and JAECOO…
El Arabi El Sewedy Investments Signs Official OMODA and JAECOO Dealership in Egypt
El Arabi El Sewedy Investments (ESI) has officially announced the signing of a dealership agreement with global automotive brands OMODA and JAECOO, both subsidiaries of China's Chery Group. Under this…
Toyota Sales Decline for Fourth Consecutive Month Amid Weak Global Demand
Toyota Motor Corporation has recorded a decline in its global sales for the fourth consecutive month in May, as the company continues to face significant pressures in key markets, particularly…
El Arabi El Swaedy Secures Official OMODA and JAECOO Dealership in Egypt
El Arabi El Swaedy Investments (ESI) Group has officially signed a dealership agreement with global automotive brands OMODA and JAECOO, both subsidiaries of China's Chery Group. Under this agreement, ESI…
El Arab El Sewedy Group Signs Deal to Distribute OMODA and JAECOO in Egypt
El Arab El Sewedy Investments (ESI) has announced the signing of a strategic dealership agreement with China's Chery Group, making it the official distributor for the OMODA and JAECOO brands…
Volkswagen Ends Autonomous Driving Partnership with Bosch After €1.5 Billion Loss
Volkswagen is set to terminate its partnership with Bosch in the field of autonomous driving technology development, as part of a broader strategy to cut costs and enhance the company's…
Egypt Localizes Smart Sunroof Manufacturing Through New Alliance
Egypt's automotive industry is taking a significant step toward deepening local manufacturing, moving beyond full vehicle assembly to include critical components and feeder industries that add real value. The latest…
Diamond Motors and Al-Masriya Automotive Open Integrated Mitsubishi Service Center in Hurghada
Diamond Motors, the exclusive distributor of Mitsubishi in Egypt and part of the Kuwaiti Al Mulla Group, has partnered with Al-Masriya Automotive to open a new showroom and after-sales service…
Chery Transforms Its Showrooms into Family-Friendly Football Destinations Worldwide
Chery has launched a series of family-oriented interactive events at its showrooms across multiple global markets under the banner 'FOR FAMILY FOR CHAMPION'. The initiative aims to blend the passion…
Abu Ghaly Motors Officially Secures Linktour Electric Vehicle Dealership in Egypt
Abu Ghaly Motors has officially announced, via its official Facebook page, that it has secured the exclusive dealership for Linktour, a brand specializing in electric vehicles, in the Egyptian market.…
Nissan Sunny Launches New Ad Campaign Celebrating Egyptian Identity in Collaboration with Aziz El-Shafie
Nissan Egypt has launched its latest advertising campaign for the Nissan Sunny, in a move that reflects the deep connection between the Japanese brand and Egyptian society. The campaign celebrates…
ExxonMobil Announces New Oil Prices in Egypt, Reaching Up to EGP 97,000
ExxonMobil Egypt has announced a new price list for automotive engine oils and greases available in the local market, set to take effect from July 1, 2026. The updated pricing…
Qasrawi Group Wins 4 Awards at Egypt Car of the Year 2026, Reinforcing Market Leadership
Qasrawi Group, the exclusive distributor of Jetour and Avatr brands in Egypt, has achieved a remarkable milestone by securing four prestigious awards at the Egypt Car of the Year 2026…
Egypt's Ministry of Industry Announces New Incentives to Support Automotive Component Manufacturers
Egypt's Ministry of Industry has announced the imminent launch of a new incentives package aimed at supporting the automotive component and feeder industries sector. The initiative is designed to bolster…
Most Read
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
