Top 10 car dealers in Egypt
Egypt has a diverse and growing automotive market, with many local and international car dealers operating in the country. Some popular car brands in Egypt include Hyundai, Chevrolet, Toyota, and Kia, among others. These brands often have authorized dealerships across the country. In addition, there are numerous used car dealerships and online platforms for buying and selling cars. There are several governmental regulations and policies related to buying and selling cars in Egypt. Here are some key points:
Taxes and Tariffs: The import of vehicles is subject to customs duties and taxes, which can significantly increase the final cost of the vehicle. The Egyptian government has been known to adjust these tariffs periodically, which can influence the cost of imported vehicles.
Vehicle Standards: Imported vehicles must meet certain standards to be legally sold in Egypt. These standards can include emission standards, safety requirements, and other specifications.
Local Content Requirement: The Egyptian government has in the past implemented policies to encourage the local manufacturing of automobiles. One of these measures is the local content requirement, which mandates that a certain percentage of a car's components be manufactured locally. This can affect the types of cars available in the local market, as well as their prices.
Registration and Licensing: Once a car is purchased, it needs to be registered with the local authorities. The owner must pay a registration fee and obtain a license plate. In addition, the vehicle must pass a technical inspection to ensure it is roadworthy.
VAT: Value Added Tax (VAT) is applied to the purchase of new and used vehicles.
Fuel Subsidies: The Egyptian government has historically subsidized fuel prices. However, these subsidies have been gradually reduced as part of economic reform measures. This could influence the demand for fuel-efficient vehicles.
Taxes and Tariffs: The import of vehicles is subject to customs duties and taxes, which can significantly increase the final cost of the vehicle. The Egyptian government has been known to adjust these tariffs periodically, which can influence the cost of imported vehicles.
Vehicle Standards: Imported vehicles must meet certain standards to be legally sold in Egypt. These standards can include emission standards, safety requirements, and other specifications.
Local Content Requirement: The Egyptian government has in the past implemented policies to encourage the local manufacturing of automobiles. One of these measures is the local content requirement, which mandates that a certain percentage of a car's components be manufactured locally. This can affect the types of cars available in the local market, as well as their prices.
Registration and Licensing: Once a car is purchased, it needs to be registered with the local authorities. The owner must pay a registration fee and obtain a license plate. In addition, the vehicle must pass a technical inspection to ensure it is roadworthy.
VAT: Value Added Tax (VAT) is applied to the purchase of new and used vehicles.
Fuel Subsidies: The Egyptian government has historically subsidized fuel prices. However, these subsidies have been gradually reduced as part of economic reform measures. This could influence the demand for fuel-efficient vehicles.
| Company | Founded | Company description |
|---|---|---|
| 1960 | Automotive company with main activities like trading, distributing and marketing of all transportation means, including heavy trucks, semi-trucks. | |
| 1979 | Operates in several sectors, which includes servicing and distribution of automotive vehicles. | |
| 1975 | To be a leader in marketing and distribution of transportation products support by world class service. | |
| 1975 | One of Egypt's fastest growing and successful automotive sales and services companies. | |
| 1976 | Established in 1976, the company is the sole authorized sales and after sales representative in Egypt for both Volkswagen and Audi. | |
| 1980 | Is a car dealer and offers automotive sales, rent a car, after sales services, long term rentals, insurance, trade In und Door to Door service. | |
| 1979 | Multi franchise brand and considered a Leading automotive Company in Egypt Since 1984 , ELTarek automotive authorized dealer to more than 14 brand | |
| 1979 | Kasrawy Group started business in Egypt in the early 70’s and became main dealers for almost all the big Automakers in Egypt. | |
| 1967 | Abaza Auto Trade provides premium services to its customers in the automotive section. | |
| 1967 | SMG Engineering Automotive Co. was established by brothers Eng. Shawky and Eng. Maurice Ghattas in 1968 in the field of automotive industry. |
Consumer preferences for cars in Egypt
Consumer preferences for cars in Egypt are influenced by a variety of factors including price, fuel efficiency, durability, and brand reputation.
Price: The cost of a car is often the most significant factor in a purchase decision. Many Egyptian consumers prefer affordable, compact cars because they are less expensive to buy and maintain.
Fuel Efficiency: Given the cost of fuel, cars that offer good fuel economy are preferred. This is one reason why smaller cars and those with fuel-efficient engines are popular.
Durability: In many parts of Egypt, the road conditions may not be optimal, so durability and reliability are important factors. Cars that can withstand these conditions and require less frequent maintenance are often preferred.
Brand Reputation: Egyptian consumers often value the reputation of car brands. Brands that are known for their reliability and have a strong presence in the country tend to be more popular.
Egypt's role as an automotive production hub
Egypt had shown a strong desire to become a key automotive production hub, not just in North Africa, but across the whole African continent. Here are some key points regarding Egypt's automotive industry ambitions:
Government Incentives: The Egyptian government had taken several steps to attract foreign investment in the automotive sector. This included providing incentives such as tax exemptions and subsidies for companies that choose to set up production facilities in Egypt.
Strategic Location: Egypt's geographical position at the crossroads of Africa, Asia, and Europe makes it a strategic location for automotive production. The Suez Canal also provides a major shipping route, which can reduce transport costs and times.
Local Content Requirement: As part of its strategy to develop the local automotive industry, the Egyptian government had implemented policies requiring a certain percentage of a vehicle's components to be produced locally. This is intended to stimulate the local supply chain and create jobs.
Electric Vehicles (EVs): Egypt had also shown a growing interest in electric vehicles. The government has expressed its intention to promote the production and use of EVs, including providing incentives for EV production and investing in charging infrastructure.
Infrastructure Investment: The government had also invested heavily in infrastructure, including industrial parks and road networks, to facilitate the growth of the automotive industry.
Despite these ambitions, Egypt faced some challenges, including competition from other automotive hubs in Africa, such as Morocco and South Africa, and the need to develop a skilled workforce and advanced supply chain.
Labour market requirements
Car dealers, or automotive salespeople, need a variety of skills to succeed in their roles. Here are some of the key skills employers often look for when hiring in this field:
Communication Skills: Car dealers interact with customers regularly, so they need strong verbal and written communication skills. They must be able to explain complex technical details about vehicles in a way that's easy for customers to understand.
Customer Service: Exceptional customer service skills are crucial in this role. Car dealers need to be able to build rapport with customers, understand their needs and preferences, and provide them with suitable solutions.
Sales Skills: Car dealers need to have strong sales skills, which include being able to persuade and negotiate. They must be able to effectively sell the benefits of the vehicles they're promoting, and negotiate deals that are satisfactory for both the buyer and the seller.
Product Knowledge: Car dealers should have a deep understanding of the vehicles they're selling. This includes knowledge about the car's specifications, features, pricing, and how it compares to competitor models.
Integrity: Trust is a major factor in any sales relationship. Car dealers need to show honesty and integrity in their dealings with customers. They should be transparent about pricing and the features and condition of the cars they're selling.
Resilience: Selling cars can be a challenging job, with plenty of rejection. Successful car dealers need to be resilient, able to handle setbacks and keep trying.
Administrative Skills: Depending on the specific role and dealership, car dealers may also need to handle paperwork related to sales contracts, financing agreements, and vehicle registrations.
Employers may also prefer candidates who have prior experience in sales or customer service roles, and they may require a valid driver's license. Some may prefer candidates who have received specialized training in automotive sales.
Disclaimer
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees, the revenue, and the number of online visitors.
Consumer preferences for cars in Egypt are influenced by a variety of factors including price, fuel efficiency, durability, and brand reputation.
Price: The cost of a car is often the most significant factor in a purchase decision. Many Egyptian consumers prefer affordable, compact cars because they are less expensive to buy and maintain.
Fuel Efficiency: Given the cost of fuel, cars that offer good fuel economy are preferred. This is one reason why smaller cars and those with fuel-efficient engines are popular.
Durability: In many parts of Egypt, the road conditions may not be optimal, so durability and reliability are important factors. Cars that can withstand these conditions and require less frequent maintenance are often preferred.
Brand Reputation: Egyptian consumers often value the reputation of car brands. Brands that are known for their reliability and have a strong presence in the country tend to be more popular.
Egypt's role as an automotive production hub
Egypt had shown a strong desire to become a key automotive production hub, not just in North Africa, but across the whole African continent. Here are some key points regarding Egypt's automotive industry ambitions:
Government Incentives: The Egyptian government had taken several steps to attract foreign investment in the automotive sector. This included providing incentives such as tax exemptions and subsidies for companies that choose to set up production facilities in Egypt.
Strategic Location: Egypt's geographical position at the crossroads of Africa, Asia, and Europe makes it a strategic location for automotive production. The Suez Canal also provides a major shipping route, which can reduce transport costs and times.
Local Content Requirement: As part of its strategy to develop the local automotive industry, the Egyptian government had implemented policies requiring a certain percentage of a vehicle's components to be produced locally. This is intended to stimulate the local supply chain and create jobs.
Electric Vehicles (EVs): Egypt had also shown a growing interest in electric vehicles. The government has expressed its intention to promote the production and use of EVs, including providing incentives for EV production and investing in charging infrastructure.
Infrastructure Investment: The government had also invested heavily in infrastructure, including industrial parks and road networks, to facilitate the growth of the automotive industry.
Despite these ambitions, Egypt faced some challenges, including competition from other automotive hubs in Africa, such as Morocco and South Africa, and the need to develop a skilled workforce and advanced supply chain.
Labour market requirements
Car dealers, or automotive salespeople, need a variety of skills to succeed in their roles. Here are some of the key skills employers often look for when hiring in this field:
Communication Skills: Car dealers interact with customers regularly, so they need strong verbal and written communication skills. They must be able to explain complex technical details about vehicles in a way that's easy for customers to understand.
Customer Service: Exceptional customer service skills are crucial in this role. Car dealers need to be able to build rapport with customers, understand their needs and preferences, and provide them with suitable solutions.
Sales Skills: Car dealers need to have strong sales skills, which include being able to persuade and negotiate. They must be able to effectively sell the benefits of the vehicles they're promoting, and negotiate deals that are satisfactory for both the buyer and the seller.
Product Knowledge: Car dealers should have a deep understanding of the vehicles they're selling. This includes knowledge about the car's specifications, features, pricing, and how it compares to competitor models.
Integrity: Trust is a major factor in any sales relationship. Car dealers need to show honesty and integrity in their dealings with customers. They should be transparent about pricing and the features and condition of the cars they're selling.
Resilience: Selling cars can be a challenging job, with plenty of rejection. Successful car dealers need to be resilient, able to handle setbacks and keep trying.
Administrative Skills: Depending on the specific role and dealership, car dealers may also need to handle paperwork related to sales contracts, financing agreements, and vehicle registrations.
Employers may also prefer candidates who have prior experience in sales or customer service roles, and they may require a valid driver's license. Some may prefer candidates who have received specialized training in automotive sales.
Disclaimer
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees, the revenue, and the number of online visitors.