Egyptian German Automotives is launching a new factory to manufacture brake parts in Six October City in September, Business Support Manager Mohamed Salem tells Al Mal. With plans to reach the maximum production capacity of 30k tonnes annually, the company is planning to increase its exports, targeting global auto brands. The company has already been exporting its products to Mercedes-Benz since 2002 and Volkswagen since 2012. Kayan Egypt CEO Karim El Naggar had said that his company was in “serious negotiations” with Egyptian German Automotives and other manufacturers to assemble SEAT cars locally by 2020. The value of the project was not disclosed.

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