Categories
Latest News
Nissan Africa Chief: Egypt-Made Workhorse Vehicles Under Study
Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, has sparked fresh interest in the local auto sector with new statements about manufacturing plans. The talk revolves…
Mansour Automotive Expands IM Motors Presence in Egypt with Second Showroom in Fifth Settlement
A new chapter in the brand's local journey. Mansour Automotive Group, the exclusive distributor of IM Motors, has officially opened the brand's second showroom in the Egyptian market, located inside…
IM Motors Opens New Showroom in New Cairo's Fifth Settlement to Expand Egypt Presence
A bold move forward. Mansour Automotive Group, the exclusive distributor of IM Motors in Egypt, has officially inaugurated the IM Motors Boutique Showroom in the heart of the Fifth Settlement…
Nissan's October Plant Ready for New Models After Sunny and Magnite Success
Nissan Egypt is entering a new manufacturing phase. The company confirmed that its plant in 6th of October City is ready to produce two additional models following the local success…
Nissan Egypt Studies Local Production of First Commercial Vehicle at 6th October Plant
Nissan Egypt is exploring the possibility of manufacturing commercial vehicles at its 6th October City facility. The project remains under evaluation, with no official timeline set for implementation.Project Details and…
Nissan Egypt Reveals Pricing Formula for Magnite and Impact of Emission Standards
Nissan Egypt has lifted the veil on its vehicle pricing strategy, confirming that manufacturing costs form the backbone of any pricing decision. Technical and environmental specifications play a decisive role…
Nissan Chief: Magnite Outperforms 1500cc Cars and Customers Don't Notice It's a 3-Cylinder
Performance that flips the script. Engineer Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, confirmed that the Nissan Magnite has proven the efficiency of its 3-cylinder…
Nissan Egypt CEO: The Idea of Three-Cylinder Engine Limitations Is a Thing of the Past
Outdated perceptions still shape how some buyers view three-cylinder engines. Engineer Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, insists this mindset no longer reflects the…
Nissan Egypt Chief Reveals Reasons Behind Local Magnite Production
The decision was no accident. Engineer Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, has revealed the real reasons behind choosing the Magnite for local production,…
Nissan Egypt CEO: Fear of 3-Cylinder Engines Is Over and 6 Brands Prove Success
The fear is over. That's the bold declaration from Eng. Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, who stressed that consumer hesitation toward three-cylinder engines…
Madagascar President Praises Arab Organization for Industrialization Technology During Egypt Visit
The visit carries deep industrial messages. Major General Engineer Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization, received Malagasy President Mickaël Randriarinera and his accompanying delegation, with Agriculture…
Labor Minister Inspects Prometeon Tire Factory in Alexandria, Affirms Support for Localizing Tire Industry
Egypt's tire industry took center stage during an official visit to Alexandria. Prometeon Tire Egypt, a specialist in manufacturing tires for commercial, agricultural vehicles and heavy equipment, received Labor Minister…
Ferrari Raises 2026 Forecast After Strong Q2 Earnings Beat
Ferrari surprised the market again. The iconic Italian sportscar maker raised its full-year 2026 financial guidance after beating Wall Street expectations in the second quarter. Revenue targets now stand at…
Egypt and India Explore Automotive Manufacturing Cooperation
A new chapter in bilateral industrial relations. Egypt's Ministry of Industry held high-level talks with the Indian ambassador, focusing on several strategic sectors — automotive being a key priority. Minister…
AVATR Opens Its First Authorized Dealership Showroom in Egypt With Alkasrawy and Sparked EV
The move is official. Alkasrawy Group, the Egyptian distributor for AVATR, has opened the brand's first showroom operated by an authorized dealer in Egypt through a partnership with Sparked EV,…
Report: Volkswagen Eyes Major Model Range Simplification in Historic Restructuring Plan
The pressure is mounting. Volkswagen is facing one of the most challenging periods in its history, according to a media report that says the German automaker is preparing a sweeping…
Egypt to Offer Incentives for Solar-Powered Roadside Billboards
The plan targets a massive shift. Egypt is studying incentives for companies using renewable energy to power roadside billboards, aiming to cut electricity consumption and carbon emissions. The goal is…
Kasrawy Group Opens AVATR Showroom in New Cairo with Sparkd-EV
A bold move in Egypt's luxury EV market. Kasrawy Group, the exclusive distributor of AVATR in Egypt, has opened a dedicated showroom for the brand in partnership with Sparkd-EV, the…
DP World Plans Major Logistics Expansion in Egypt
New investment plans are taking shape. Global ports operator DP World is moving to significantly expand its footprint in the Egyptian market, targeting a major boost to the country's logistics…
Egypt Opens Door for Indian Auto Manufacturers: Minister Pledges Full Support
Egypt is rolling out the red carpet. Minister of Industry Khaled Hashem confirmed the government's full support for expanding Indian investments in the automotive sector and feeder industries. The statement…
Egypt’s Industry Minister: Skilled Workforce Training Drives Future of Local Manufacturing
The trained workforce is the heartbeat of industry. Egypt’s Minister of Industry, Engineer Khaled Hashem, made that crystal clear during the graduation ceremony of the fifth batch of students from…
BYD Expands Its Egypt Presence with a New Technology Center in Alexandria
The expansion continues. BYD, through its Egyptian distributor Mann Dream, has opened a new technology center in Alexandria at the New Downtown complex, marking another step in the company's expansion…
Volkswagen Scales Back Battery Investment Plans in Europe
A surprising move. Volkswagen has announced a comprehensive review of its battery production investments across Europe, signaling a broader shift in the German automaker's industrial strategy. The company is no…
El-Semat: Localizing Electrical Industries Supports Egypt's Automotive Future
The message is clear. Dr. Mahmoud El-Semat, Minister of Electricity and Renewable Energy, confirmed that the state is pursuing a strategic plan aimed at localizing industry and transferring modern technology,…
Siemens New Factory Boosts Egypt's EV Manufacturing Localization
Siemens opened its first integrated factory in Egypt, dedicated to producing electrical distribution panels and components along with automation and control solutions. The project is expected to transform engineering and…
Mercedes-Benz Posts Over 1 Billion Euros in Quarterly Profit Despite Global Sales Decline
The numbers tell a clear story. Mercedes-Benz Group reported a sharp rise in second-quarter net profit, defying the trend of falling global sales and proving that cost-cutting measures and operational…
Mercedes Holds Profit Margin Target Despite China Sales Slump and Tariff Pressure
Mercedes-Benz shares jumped 5.6% on Tuesday. The German luxury automaker posted quarterly results showing operating profit growth, even as sales continued to slide in China and tariff pressures mounted. The…
Nissan Africa President: Magnite Strategy Focuses on Ownership Experience and Strong Resale Value
The message is clear. Mohamed Abdel Samad, Managing Director of Nissan Africa, said the company's vision for introducing the Nissan Magnite to the Egyptian market goes far beyond launching a…
Nissan Unveils Comprehensive Warranty Package for Magnite in Egypt
The warranty covers almost everything. Nissan has announced a comprehensive after-sales package for its new 'Magnite' model in the Egyptian market, including a five-year or 150,000-kilometer warranty. The car isn't…
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…
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
