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Latest in Automotive


Egypt issues decision to import used electric cars

Minister of Trade and Industry Tarek Kabil issued a decree to allow the importation of used vehicles that work by electric motor (electric cars), except motorcycles, on condition of no more than three years from the year of production to the date of shipment or ownership. The minister explained in a press statement on Saturday …

Daily News Egypt

DNE reviews major models at 88th Geneva Motor Show

The 88th Geneva International Motor Show, which took place at Palexpo convention centre from March 8 to 18, featured 900 cars by 180 exhibitors from different countries, in the presence of 110 European and world officials. The event received about 700,000 visitors. Daily News Egypt will review the most important vehicles exhibited at the event. …

Mohamed Al-Roubi

Smart Village hosts 6th annual Cairo Classic Car Meet

The Smart Village, in Sixth of October city, hosted on Friday Vintage Wheels Egypt’s sixth annual Cairo Classic Car Meet. The one-day event hosted about 200 vehicles and motorcycles that were manufactured between early 1924 and 1988. Mahmoud Ezz El-Din, one of the event’s organisers, said the number of cars and motorcycles participating in the …

Daily News Egypt

Limited changes in car prices during March

A quiet state of calm prevailed over most car prices in March. The price moves were limited to a few models of Chevrolet, Hyundai, and Mitsubishi, ranging between a EGP 500 increase for the Verna to EGP 20,000 for the Lancer. Chevrolet, Renault, Ford, Toyota, Chery, Hyundai, and BMW had already moved their prices in …

Ahmed Amer

Li Shufu

Chinese Geely acquires 9.69% of Daimler Holding’s shares

Chinese billionaire Li Shufu, owner of Zhejiang Geely Holding Group, said the group has become the largest shareholder in Daimler AG, the German owner of Mercedes-Benz, after it acquired 9.69% of its shares for an amount estimated to be $9bn, beating the shares of the Kuwaiti government in Daimler, which were estimated to be 6.8%. …

Daily News Egypt

Al-Mansour offers new Insignia for EGP 530,000

Al-Mansour Automotive, the largest agent of Opel in Africa and the Middle East, unveiled the new version of the 2008 Insignia Grand Sport with German technology and high quality specifications, and then showcased its most advanced features in a modern design. This comes within the vision of Al-Mansour Automotive Company, part of the Mansour Group, …

Daily News Egypt

Peugeot unveils new generation of 508

French automaker Peugeot has unveiled the new generation of its iconic sedan 508. The company revealed new features, showcasing a luxury and new vision in terms of the interiors’ design, as well as the exterior, ahead of officially unveiling the car to the public at the Geneva Motor Show to be held in Switzerland in …

Daily News Egypt

DS Automobiles enters Egyptian market

Ezz Elarab Automotive Group opened, on 31 January, the first DS Automobiles showroom in Egypt, marking a very special day in the local car market. The showroom included the official launch of DS and DS7 Crossback, the opening ceremony being the cars’ first reveal in Egypt. Philippe-Jean Lafond, vice chairperson of Groupe PSA (the parent …

Daily News Egypt

Hisham Khateeb wins Red Bull CPD Egypt 2018

Hisham Al Khateeb became Egypt’s participant in the Regional Car Park Drift, which takes place in Beirut in September, after winning first place in the Red Bull Car Park Drift Egypt 2018—held at Cairo Festival City’s car park in the Fifth Settlement. Congratulations to Al Khateeb for his first win at the eighth edition of …

Daily News Egypt

Shell Egypt renews exclusive supplier contract with Sukari

Continuing to emphasise its leadership in the Egyptian market as the largest supplier of industrial oils for the eleventh year in a row, Shell Egypt renewed its partnership for the second time with Sukari Gold Mining Company, after the partnership started in 2014, making Shell the exclusive supplier of oil to Sukari projects. The signing …

Daily News Egypt

New MG RX5 compact SUV now on sale in Middle East showrooms

The new MG RX5 compact SUV is now officially on sale across the Middle East, heralding the latest exciting chapter in the rejuvenation of the famous British brand. Customers can choose MG Motor’s new “hero SUV” from a collection of four well-equipped models, and two available powertrains, with prices starting at around $14,200 depending on …

Daily News Egypt

Lada dealership denies rumours of re-offering Niva

Walid Galal Eid, director of technical affairs at Al-Amal Co for Foreign Trade, the Egyptian agent of the Russian automaker Lada, denied the re-launch of the Niva model in Egypt. Over the past few days, rumours spread on social media showing Niva models at ports. These pages claimed that the cars parked at an Egyptian …

Daily News Egypt

For first time in Egypt, Chevrolet introduces all-new Equinox

Mansour Group recently launched the latest Chevrolet sports model, the Equinox, for the first time in Egypt. The new car is characterised by a design that balances the requirements of daily life and all the needs and tastes of drivers, coming in two categories, the LS and LT. Although this is the first launch for …

Daily News Egypt

6 car dealers change their prices in February

Six car dealers—Chevrolet, Ford, Toyota, Chery, Hyundai, and BMW—changed their prices of February 2018 car deliveries. Prices rose by EGP 2,000 for cars like the Hyundai Verna and by about EGP 90,000 for cars such as the BMW X1. The majority of car companies welcomed 2018 by fixing their prices, with the exception of minor …

Ahmed Amer

Automotive industry strategy among most important issues to be resolved in 2018

The situation of anticipation among the workers in the automotive sector extended to parliament over the past year, pending the long-awaited issuance of the strategy for the automotive industry from the Ministry of Industry after the introduction of new amendments. The automotive industry strategy is one of the most important issues to be resolved in …

Ahmed Amer