Chery Leads Egypt's Locally Assembled Car Sales in June with 29% Share
Chery topped Egypt's locally assembled car sales in June with a 29% market share and 1,602 vehicles. Nissan came second with 1,271 cars, followed by Hyundai with 922 units. The results signal a clear shift toward Asian brands, with competition intensifying amid currency challenges.
Chery topped the list of best-selling locally assembled car brands in Egypt during June, capturing a 29% market share with 1,602 vehicles sold. The figure reflects the Chinese brand's rapid expansion in the Egyptian market, according to the latest report from the Automotive Market Information Council (AMIC).
Full Ranking of Top Brands in June
Nissan secured second place with a 23% market share, totaling 1,271 cars sold. The gap between first and second isn't enormous, but it highlights sustained demand for Japanese models assembled locally, particularly in the family car segment.
Hyundai followed in third place with 17%, accounting for 922 units. The Korean brand maintains a solid customer base, backed by a strong reputation for parts availability and an extensive service network across the country.
Chevrolet, Changan, Haval, and Toyota
Chevrolet came fourth with an 11% share, selling 595 vehicles. The American brand holds its ground despite fierce competition from Asian manufacturers, leveraging practical models that appeal to a broad buyer demographic.
Changan ranked fifth with a 10% market share after selling 565 cars. Haval followed in sixth place at 7% with 390 vehicles, while Toyota came seventh with just 1% and 83 cars sold during the month.
The numbers paint a clear picture of shifting Egyptian consumer preferences. Five of the seven brands on the list are Asian, with Chinese automakers leading the charge. The pressing question remains: will this momentum continue into the second half of the year?
This distribution also reflects the localization strategies adopted by certain companies to lower prices and boost market share, especially amid ongoing exchange rate fluctuations and their direct impact on import costs and local component assembly.
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