Egypt 2022. Hyundai Loses 60.4% Volume In Vehicle Market Down 35.3%
Egypt's vehicle market in 2022 totaled 178,644 new registrations, a 35.3% drop compared to the previous year. December reported 8,110 sales, the 13th consecutive monthly loss (-64.3%).
Egypt 2015. Domestic sales at 2nd best level ever
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.
Egypt 2021. Renault Halves Its Sales In Market Rising 21.2%
Egypt's Auto market in 2021 rises by 21.2% with 266,348 sales, reporting a very strong performance in Q2 and Q3. Renault is the only brand to report significant losses, falling 46.5%.
Egypt 2018. Market rebound 24% as tension on prices went down
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 2016. Market hit by skyrocketing inflation
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 2014. Domestic market at new All Time Record
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.
Egypt 2013. Vehicles sales down moderately
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.