Passenger car sales rose 41% y-o-y in the first seven months of 2018 to 69,901 cars, up from 49,617 during the same period last year, according to figures from the Automotive Information Council (AMIC) picked up by Al Mal. Hyundai captured a 24.4% market share, followed by Nissan (20%), Renault (11.1%), Chevrolet (8.7%), and Toyota (7.1%).
More from Enterprise
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…