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Rare Bugatti EB110 GT Shatters Auction Record at $3.8 Million
A rare Bugatti EB110 GT has shattered a new record in the global auction world, selling for $3.625 million before the buyer's premium, bringing the final price to approximately $3.806…
1000 HP and a Manual Gearbox: RUF Steals the Show at Goodwood with B8 Test Car
The 2026 Goodwood Festival of Speed witnessed the appearance of a car carrying familiar lines for Porsche enthusiasts, but hiding a radically different engineering project beneath its body. The car…
Haaland Spotted in Bugatti Chiron in Monaco: What Is the Car's Value?
Norwegian superstar Erling Haaland, Manchester City's prolific striker, has once again grabbed headlines off the pitch after being spotted inside a Bugatti Chiron cruising through the streets of Monaco. The…
Expert: Chinese Cars Threaten German Auto Industry Despite Tiny Market Share
Although Chinese cars hold only about 3% of the German market, this small share has triggered a major shock within Europe's largest automotive stronghold, leading to factory closures and turning…
Global Auto Industry Faces Critical Phase Amid Escalating Middle East Tensions
The global automotive industry is facing mounting and unprecedented pressure as tensions continue to escalate in the Middle East. The repercussions of this crisis are extending to energy markets, maritime…
US Dollar Exchange Rate Stabilizes at EGP 50.55 for Sale in Major Banks During Midday Trading
The US dollar exchange rate against the Egyptian pound witnessed a state of relative stability during midday trading on Thursday, within five major banks operating in the local market. This…
China Surpasses One Million Vehicle Exports in a Single Month for the First Time
China's automotive industry has achieved a historic milestone by exporting more than one million vehicles in a single month for the first time ever. The achievement highlights the rapid expansion…
South Korea's Car Exports Hit Record High in June, Driven by EV and Hybrid Surge
South Korea's automobile exports reached an all-time high for the month of June, according to official data released Wednesday, driven primarily by robust sales of electric and hybrid vehicles. The…
South Korean Car Exports Hit Record High in June at $6.71 Billion
South Korea's automobile exports surged to a new record high in June, rising 5.8% year-on-year to reach $6.71 billion, according to data released by the Ministry of Trade, Industry and…
Oil Prices Surge 2% as Hormuz Strait Tensions Threaten Global Crude Trade
Global oil prices surged by nearly 2% during today's trading sessions, reaching their highest levels in four weeks, driven by escalating geopolitical tensions in the Gulf region, particularly around the…
Global Oil Prices Rise on Supply Fears and Strait of Hormuz Tensions
Global oil prices saw a noticeable uptick during Monday's trading sessions, driven by escalating military tensions in the region and a widening scope of attacks, which revived concerns over navigation…
Counterfeit Airbags Claim 10 Lives in the US: Urgent Warning from NHTSA
Despite significant advancements in vehicle safety systems, a small and often invisible component can turn into a direct cause of death. This is the stark warning from the National Highway…
Tariffs Failed to Stop the Chinese Dragon: Carmakers Invade Europe with Hybrids and Local Factories
A recent study by the European Federation for Transport and Environment (T&E) has revealed that EU tariffs on electric vehicles imported from China have failed to halt the influx of…
Hyundai Motor Workers Launch 3-Day Partial Strike Over Wages and AI Concerns
Workers at Hyundai Motor have launched a three-day partial strike starting Monday, protesting the failure to reach an agreement on wages and bonuses. The union is demanding larger bonuses following…
A Complete Guide to Buying Your First Car in Egypt: 7 Essential Questions
Buying a car for the first time in Egypt has become a complex decision due to the wide variety of models, numerous options, and fluctuating prices. Many first-time buyers find…
Cairo Hosts Regional Launch of Safe Mobility 4 All & 4 Life Initiative to Enhance Road Safety in MENA
The inaugural meeting of the regional edition of the Safe Mobility 4 All & 4 Life initiative has been launched in Cairo, targeting the Middle East and North Africa region.…
Toyota Expands Manufacturing in the United States to Tackle Tariff Pressures
The global automotive industry is witnessing a strategic shift as major car manufacturers rethink their production and supply chain strategies amid rapid economic and trade changes. Toyota is leading this…
Eco-Friendly Cars Account for Half of South Korea's New Car Registrations in H1
South Korea's automotive market witnessed a historic shift in the first half of this year, as official data revealed that eco-friendly vehicles accounted for more than half of all new…
China's Monthly Vehicle Exports Surpass One Million Units for the First Time
China achieved a historic milestone in June as its vehicle exports exceeded one million units within a single month for the first time. The record performance highlights the continued expansion…
Imported Cars Account for Over a Quarter of New Registrations in South Korea for the First Time
Recent data released by the Korea Automobile Importers & Distributors Association (KAIDA) and the Korea Automotive & Mobility Association (KAMA) has revealed a significant surge in the market share of…
Unprecedented Milestone: China's Auto Exports Surpass One Million Vehicles in a Single Month
China's automotive industry has achieved a historic milestone on the global stage, with the country's vehicle exports surpassing one million units in a single month for the first time ever.…
Volkswagen Considers Cutting 100,000 Jobs in Largest Restructuring in European Auto History
Volkswagen Group is considering one of the most extensive restructuring plans in the history of the European automotive industry, which may involve cutting up to 100,000 jobs and halting production…
Leapmotor, Geely, and CATL Enter European Factories: Partnership or Surrender in 2026?
For years, Chinese cars were seen in Europe as cheap alternatives with inferior quality compared to German or French vehicles. However, this perception has shifted dramatically by 2026. Instead of…
German Auto Association Warns: Radical Reforms or Industry Collapse Looms
The German Association of the Automotive Industry (VDA) has issued a stark warning about the future of the sector, emphasizing the urgent need for additional reforms, including cost-cutting measures and…
China's New Energy Vehicle Sales Drop 13% – Global Markets Braced for Export Wave
The world's largest market for electric and new energy vehicles is experiencing an unexpected downturn. Preliminary data from the China Passenger Car Association reveals a significant decline in sales, with…
Salah vs Messi: Who Dominates the Luxury Car World Before the World Cup Clash?
Football fans around the world are gearing up for the highly anticipated Round of 16 clash at the 2026 World Cup between Egypt, led by star Mohamed Salah, and Argentina,…
Chinese Investments in Morocco Raise EU Concerns Over Backdoor Entry for EVs
Chinese investments in the automotive components sector in Morocco have become a growing concern for the European Union, amid fears that the kingdom could turn into a manufacturing and export…
China Amazes Again: World's Largest Floating Car Park Revealed, Holding Nearly 11,000 Vehicles
China continues to strengthen its dominance in shipbuilding and maritime transport with the unveiling of the massive car carrier Glovis Leader by GSI, a subsidiary of the state-owned CSSC group.…
Rare Mercedes-AMG G 63 with Convertible Roof Listed for Sale: A Collector's Dream
A rare and extraordinary version of the Mercedes-AMG G 63 featuring a foldable soft top has surfaced on the market, offering a once-in-a-lifetime opportunity for collectors and enthusiasts seeking the…
Foreign Cars Grab 44% of German Market as China Challenges German Automakers at Home
The German automotive market is witnessing a significant transformation in 2026, as foreign companies, led by Chinese brands, have capitalized on sales growth in the first half of the year…
Tesla Tops Imported Car Sales in South Korea in First Half
New data reveals that American electric vehicle maker Tesla has claimed the top spot among imported car brands in South Korea during the first half of this year, capturing more…
Egyptian Streets Erupt in Celebration as National Team Qualifies for World Cup Round of 16 for the First Time
Streets, squares, and major thoroughfares across Egypt transformed into open-air celebration zones after the national football team achieved a historic milestone by qualifying for the Round of 16 of the…
Hybrid Cars Surpass Electric Vehicles in the US with Record Growth
The US automotive market is witnessing a dramatic shift in consumer preferences, with hybrid vehicles emerging as the fastest-growing segment while electric vehicle sales experience a notable slowdown. This sudden…
From People's Car to Rare Gem: Lada 2105 VFTS Listed for 3.5 Million EGP in Germany
A classic rally car, the Lada 2105 VFTS model year 1981, has appeared for sale on an e-commerce platform in Germany, priced at €63,000 — equivalent to approximately 3.5 million…
Major Customs Auction in July: Porsche, Mercedes, and BMW Up for Sale with EGP 50,000 Deposit
The General Authority for Government Services, affiliated with the Ministry of Finance, has announced a new public auction for a selection of used cars, including abandoned, confiscated, and customs-cleared vehicles…
Volkswagen Considers Moving Chinese-Made Models to Germany to Save Factories
Volkswagen Group, Europe's largest automaker, is facing unprecedented pressure that has forced it to rethink its industrial strategy within Germany. In a move aimed at preserving jobs and improving factory…
Auction for Toyota Fortuner 2015 and Skoda Kodiaq 2021 in Egypt
G-Box Egypt, also known as TGS, has announced a limited auction for the sale of only two vehicles under liquidation, scheduled to take place on Sunday, July 5, 2026, at…
German Auto Giants Face Existential Threat: End of 'Made in Germany' Era
BMW recently issued a major profit warning, signaling that the German automotive industry's business model is now suffering from a structural flaw. With reports that top executives at Volkswagen are…
How the Wealthy Turn Luxury Cars into Unique One-of-a-Kind Creations
For wealthy buyers, a luxury car is no longer just a means of transportation or a status symbol. It has become a personal space for self-expression, reflecting individual taste, lifestyle,…
Chinese Electric Cars Knock on Canada's Door: Lotus Leads the First Wave in July
Canada is preparing to receive a new wave of Chinese-made electric vehicles this July, marking a notable shift in the North American auto market after years of strict tariff barriers…
Expert: China Halts Production at Violating Auto Plants, Brands Not Disappearing
Engineer Khaled Saad, Secretary General of the Egyptian Auto Manufacturers Association and agent of a Chinese automotive brand, confirmed that Chinese authorities have taken strict measures by halting production at…
China's Auto Market Nears Bottom with Recovery Expected in Late Summer
China's automobile market continues to experience weak demand after several consecutive months of declining sales, yet early indicators are painting a more optimistic picture for the second half of the…
Airbag Defect Triggers Recall of Over 250,000 Land Rover SUVs in the U.S.
Jaguar Land Rover has announced a recall of more than 250,000 SUVs in the United States after discovering a technical defect that could prevent the driver's airbag from deploying properly…
Chinese Cars Break Into Europe: 11% Market Share in May
Chinese cars are no longer just a newcomer trying to find a foothold in the European market, after successfully crossing a historic threshold last May by capturing more than 10%…
Why Do Celebrities Drive the Economical Toyota Prius?
In a world where the wealthy and famous often compete to own luxury and super sports cars worth hundreds of thousands or even millions of dollars, a different trend emerges…
China Shuts Down 8 Traditional Car Plants: Brilliance and Zotye Among the Most Prominent
China's Ministry of Industry and Information Technology (MIIT) has announced a regulatory decision under Batch 408, permanently revoking production licenses and removing 8 traditional car manufacturing companies from the national…
Chevrolet Jumbo at 2026 Transport Show: A Buyer Reveals Why He Chose the Giant Truck
At the 2026 Al-Ahram Transport Show, a customer visiting the Chevrolet pavilion shared his reasons for choosing the Chevrolet Jumbo truck. According to the buyer, reliability and the wide availability…
Nissan Light Trucks Steal the Spotlight at Al-Ahram Transport Expo 2026
The third edition of the Al-Ahram Transport Expo 2026 witnessed a strong presence from Japanese automaker Nissan, which showcased a lineup of light trucks that captured the attention of visitors…
Al-Ahram Transport Vehicles Exhibition 2026: Children Steal the Spotlight in an Awareness-Driven Event
The third edition of the Al-Ahram Transport Vehicles Exhibition 2026 witnessed an extraordinary presence of children accompanying their parents, as the exhibition halls turned into an educational and awareness platform…
Heavy Turnout Marks Final Day of Al-Ahram Commercial Vehicles Exhibition 2026
The third and final day of the Al-Ahram Commercial Vehicles Exhibition 2026 witnessed massive crowds flocking to the event halls from the early morning hours. Visitors poured into the pavilions…