Hongqi Egypt Dealer FBB Motors Denies Acquisition Rumors, Affirms Business as Usual

FBB Motors, the exclusive local dealer for Hongqi in Egypt, has denied recent reports and social media claims about an acquisition of the HONGQI dealership in the local market. The company stated that these claims are untrue and don't represent its official position.

No Change to HONGQI Dealership

FBB Motors confirmed that no acquisition of the dealership has taken place. It emphasized that any major developments regarding partnerships, dealerships, or future investments will be announced officially through the company's approved channels. The denial comes amid growing interest in Chinese brands in the Egyptian car market, where rumors about dealership changes spread quickly.

Operations and Customer Service Continue

The company made it clear that its customers remain the top priority, with expansion, operational. Commercial plans continuing as normal. FBB Motors affirmed that its showrooms and service centers are operating regularly, welcoming customers and providing sales, after-sales, and technical support services. This reassurance aims to calm existing and potential Hongqi owners.

FBB Motors Part of FBB Holding

FBB Motors noted that it's part of FBB Holding. That has a regional presence and diverse activities across several countries in the region. This reflects the group's strength, business continuity, and long-term commitment to the markets where it operates. Such institutional backing gives the dealer resilience amid the economic challenges facing Egypt's automotive sector.

Company Warns Against Unofficial Information

FBB Motors urged media outlets and social media users to verify accuracy and rely on official sources when sharing any information related to the company or its trademarks. It stressed that it retains full rights to take necessary legal action against any party or individual publishing or re-sharing false or misleading information that could harm the company's reputation or commercial interests, in accordance with applicable laws and regulations.

The statement comes as Chinese brands compete for a share of the Egyptian car market, where Hongqi has emerged as a promising name attracting buyers seeking luxury at competitive prices. Amid ongoing speculation, the dealer's official stance remains the only reliable reference.

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