Automotive News
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Egypt’s First Railway Tracks Factory Will Be Built in Ain Sokhna
The new factory is set to start production by the end of 2023, and is expected to not just cover the country’s railway track needs, but export too.
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Project: Supply of traction equipment
Cairo: Supply of traction equipment for Automotives
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Egypt attracted $500 million from expat customs-free car import initiative
The minister shed light on the recent facilitations issued under the initiative, which include cutting customs tax by 70 percent.
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Application deadline for tax-free car import is 14 May
Maait added that the Egyptians abroad imported 600 cars under the initiative, and the total value of payment amounted to $385m so far.
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Egypt treasury gained $385 mln under special car-import deal for expats
The deadline for receiving requests to import cars under the initiative is 14 May, Maait stressed.
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Finance min.: Cars replacement initiative spearheaded in 15 governorates in 2 years
This falls within the framework of the government’s efforts to realize green transition and promote use of eco-friendly vehicles.
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Abou Ghaly Motors ranks 1st in Africa, 6th worldwide as GEELY Auto agent for 2022
GEELY Auto recently announced the performance evaluation of its global agents for 2022.
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Auto sales in Egypt plunge 76% YoY in February
Passenger car sales dropped by 78.4% YoY to 4,263 units during February 2023, compared to 19,700 in February 2022.
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Egypt constructs first automotive city in Middle East
The new automotive city was established in a record time of about a year.
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Everything you need to know about the joint Arab electric vehicle
Egypt, Jordan, Bahrain, and UAE are discussing the possibility of producing a join Arab electric car.
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Spain ink protocol to establish railway passenger cars’ factory
The protocol was signed by ENR’s Chairman Mohamed Amer and Talgo’s regional director Mohamed Khadra.
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Egypt's PM inagurates Mercedes-Benz logistics center at Sokhna Port
Gerd Petrelich, CEO of Mercedes-Benz Egypt, explained that the actual operation has kicked off with the logistics center.
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PM inaugurates Mercedes-Benz’s logistic center in Sokhna industrial zone
Madbouli witnessed the opening of the logistic center of Mercedes-Benz in Sokhna industrial zone.
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CAPMS: Egypt’s Imports of Cars Declined by $1.915 Billion by End of 2022
The data indicated that car imports were the highest in the list of the most important Egyptian imports of durable consumer goods.
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General Motors Egypt to invest $16mln to locally manufacture new car models
From 2018 to 2022, the company invested about $15 million to upgrade its factory in the country and ensure safety, productivity, and quality standards
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ECEI : Egypt Exports of Automotive Components Hit $634.3 Million in 2022
The ECEI announced the participation of representatives of 25 Egyptian companies in the workshop.
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Project: Supply of pickup trucks and other equipment under 3 contracts
Cairo: Supply of pickup trucks and 400 electronic scales. Also supply, installation and operation of printers and other equipment under 3 contracts
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Egypt’s auto sales drop 75% YoY in January
Sales of passenger cars fell 79.7% YoY to 3,430 units from 16,890 units
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Chinese, Saudi companies open bus assembly plant in Egypt
A new built bus assembly plant has started production in New Suez City, Egypt.
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Chinese Dongfeng introduces E70 EVs in Egypt
The new car was introduced to the local market at a press conference over the weekend.