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Car sales decline in May

Overall car sales in first five months of 2015 increase compared to last year.This decline is the second this year, after sales in April.
07.07.15 | Source: Daily News Egypt

Car sales declined last May, registering a decrease of 14% in comparison to the same month last year, according to the Automotive Marketing Information Council (AMIC).

Estimated sales in May 2015 were at 20,152 cars, compared to 23,566 cars, according to sales statistics approved by the agents and members of AMIC.

This decline is the second recorded this year, after sales in April registered a decrease of around 3%, through selling 21,700 units compared to 22,400 during the same period a year earlier.

According to the statistics, sales of private cars decreased by 22%, at around 13,000 cars, compared to 16,600 in May 2014. Buses registered sales of around 3,000 units in comparison with 2,600, an increase of 14%.

Trucks sales decreased by 3%, where 4,200 trucks were sold, compared to 4,400 in May, 2014.

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