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Two investors compete for majority stake in BMW’s Egypt agent
M&A WATCH- Rival groups are competing to acquire a majority stake in BMW’s Egypt dealership, Bavarian Auto Group (BAG), sources…
GB Auto’s Drive gets FRA nod for consumer finance license
GB Auto’s car finance arm Drive has received preliminary approval from the Financial Regulatory Authority for a full consumer financing…
GB Auto lands Goodyear tire distribution rights in Egypt
EGX-listed GB Auto has landed distribution rights for Goodyear tires in Egypt as the American tire manufacturer looks to expand…
GB Auto to locally assemble buses in partnership with Higer Bus
GB Auto has entered a partnership with Chinese bus manufacturer Higer Bus to represent it in Egypt and locally assemble…
How feasible is the plan to replace gasoline-fired cars with dual-fuel vehicles — Part 3
How feasible is the plan to replace gasoline-fired cars with dual-fuel vehicles — the role of the auto industry. This…
How feasible is the plan to convert vehicles to natgas from gasoline on a national scale?
How feasible is the plan to convert vehicles to natgas from gasoline on a national scale? The government recently announced…
Gov’t talks with GB Auto for tuk-tuk alternatives have come to halt
The Public Enterprises Ministry and GB Auto have ended talks to jointly manufacture an alternative to tuk-tuks, Al Mal reports,…
Car prices for 2020 models expected to drop, 2021 models to rise
You can expect car prices to ease a bit in the coming months before rising again later in the year,…
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