Egypt

Egyptian Vehicle Market in 2019 was hit again by price increase and has broken the recovery in place. Indeed, Total sales in 2019 have been 178.699, down 12.9% and perspectives for 2020 are almost uncertain. Three brands, Chevrolet, Hyundai and Nissan held half of the market.

Egyptian Vehicle Market has grown 24.2% in the 2018, rebounding after the previous years fall. Sales were pushed by a lower inflation on vehicles price, while duties increase on fuel, vehicles and parts has limited the growth. Hyundai, Nissan and Renault shine on top. 

Egypt new vehicles sales in 2017 fell down ruinously hit by inflation, huge price increase, fuel increase and higher taxes and duties. The market lost 36%, at lowest in this decade. Chevrolet is the leader with 21% of share, thanks to the dominion in commercial segment.

Egyptian Auto Sales 2016 hurt by deep vehicles price increase and customer demand fall consequent to the daring fiscal reform program in place. Chevrolet dropped heavy and now Hyundai is near to close the gap.

Egypt Vehicles Industry in 2015 at the second best ever sales volume, losing 4% from the record posted in the 2014. The winner was Renault jumped in 5th place. Others strong performers had been Ford and Mazda.

In 2014 Egypt Vehicles Market hit the all-time record thanks to a renovated political stability and country economic recovery. Chevrolet, Hyundai and Nissan were on podium.

Despite social and political internal conflict, during the 2013 the Egyptian car market fell marginally from the previous year. However, the phenomenal attack posted by Chinese brands changed the competitive structure with Koreans struggling hard.