11 New Cars Receive Price Cuts in Egypt During June, With Discounts Reaching EGP 1.4 Million

The Egyptian automotive market witnessed a series of price reductions during the first half of June, as several vehicle distributors announced discounts on a number of new models available locally. The reductions ranged from EGP 40,000 to as much as EGP 1.4 million.

These price adjustments come after a prolonged period of successive increases across the market, driven by economic and geopolitical factors. Regional tensions impacted global trade flows and supply chains, while disruptions to Red Sea shipping routes also contributed to market pressures.

Key Models That Recorded Price Reductions in June

Forthing T5 EV

The 2027 Forthing T5 EV in Exclusive trim received a price reduction of EGP 45,000, bringing its new price to EGP 1,430,000, down from EGP 1,475,000.

Forthing T5 REEV

The 2027 Forthing T5 REEV Exclusive saw its price reduced by EGP 40,000, with the new price set at EGP 1,450,000 instead of EGP 1,490,000.

Forthing S7 EV

The 2027 Forthing S7 EV Exclusive recorded a price drop of EGP 60,000, lowering its price to EGP 1,335,000 from EGP 1,395,000.

Forthing S7 REEV

The Forthing S7 REEV Exclusive available in Egypt received a discount of EGP 45,000, reducing its price to EGP 1,420,000 compared with EGP 1,465,000 previously.

Forthing U-Tour

The 2027 Forthing U-Tour Exclusive benefited from a price cut of EGP 75,000, bringing its new price to EGP 1,690,000 instead of EGP 1,765,000.