Auto sales bounced back in October after September’s decline, rising 6.8% m-o-m to 16.3k units, up from 15.2k in September, according to figures from the Automotive Marketing Information Council (Amic) seen by EnterpriseAM. The recovery followed a 13.5% m-o-m dip in September, down from 17.6k units in August.
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Bus sales saw the biggest increase in October, climbing 14.2% m-o-m to 1.2k units, while truck sales saw an 11.9% m-o-m increase to 2.5k units. Meanwhile, passenger car sales rose a more modest 5.2% m-o-m to 12.6k units.
On an annual basis, total auto sales were up 68.7%, rising from the 9.6k units sold in the same month last year. Bus sales increased 51.3% y-o-y, truck sales jumped 74.4% y-o-y, and passenger cars climbed 69.4% y-o-y.
A caveat to the numbers: Amic figures are sourced from member distributors, representing the bulk — but not the entirety — of the industry.
What cars were people buying? Nissan Sunny continued to dominate the market in November, topping passenger car licensing charts with 1.9k units out of Nissan’s total 2.6k cars, according to data from Egyptian Compulsory Motor Ins. Pool. Overall, 59.4k new vehicles were licensed during the month, up 4% from October, led by Nissan, Hyundai, and MG.