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Egypt’s auto market cools in April as buyers digest 1Q pull-forward

Egypt’s auto market cools in April as buyers digest 1Q pull-forward

“April was the height of uncertainty,” Cars by Maged’s Maged El Tawil tells us

imports pull further ahead of local assembly in March

imports pull further ahead of local assembly in March

Anticipated price hikes and rising inflationary pressures fueled March car sales and EV adoption

February auto sales climb 63% y-o-y as market awaits true war impact in March

February auto sales climb 63% y-o-y as market awaits true war impact in March

Total sales rose 22.5% m-o-m to 17.3k units.

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