{"id":543466,"date":"2022-02-02T03:54:18","date_gmt":"2022-02-02T03:54:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/"},"modified":"2022-02-02T03:54:18","modified_gmt":"2022-02-02T03:54:18","slug":"car-sales-up-26-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/","title":{"rendered":"Car sales up 26% in 2021"},"content":{"rendered":"

<\/a> Egypt\u2019s auto sector deftly managed the global chip shortage in 2021<\/strong> as strong demand pushed sales to their highest levels since the EGP float in 2016. Industry figures out yesterday showed that almost 291k new vehicles were sold last year, up 26% from 2020, despite rising prices<\/a> caused by shortage of many models (thank you, chip shortage) and higher shipping costs. Sales of new passenger cars rose 28% to 215k, while truck sales were up 35% to 50k, according to data released by the Automobile Market Information Council (AMIC).<\/p>\n

Sales were up in December: <\/strong>AMIC reported 22.2k cars sold in December, up 12% from November's sales<\/a> and up 9.7% from December 2020. Bus sales rose 8.7% from the same month last year, while truck sales saw a slight dip of 2.6% in comparison to December 2020.<\/p>\n

The figures don\u2019t tell the whole story:<\/strong> A top exec at one of the country\u2019s largest distributors has previously told us it is \u201cday to day\u201d when it comes to availability of many models \u2014 explaining that it is unlikely that supply of most brands will improve significantly before mid-2022 or later. The culprit remains shortages of the chips used in modern vehicles. Distributors are also facing pressure on pricing from rising freight costs as part of the Great Global Supply Chain Snarl \u2014 and will need to pass those on to consumers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s auto sector deftly managed the global chip shortage in 2021 as strong demand pushed sales to their highest levels since the EGP float in 2016. Industry figures out yesterday showed that almost 291k new vehicles were sold last year, up 26% from 2020, despite rising prices caused by shortage of many models (thank you, […]<\/p>\n","protected":false},"author":1,"featured_media":543467,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7339],"tags":[143,144,653,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-amic","tag-automotive","tag-chip-shortage","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"17eef167-4cf5-4a01-aa66-7141f2594ee1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/22.jpg","photo_position":"above","related_issue":[543455],"teaser":"","voice_url":""},"yoast_head":"\nCar sales up 26% in 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Car sales up 26% in 2021\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s auto sector deftly managed the global chip shortage in 2021 as strong demand pushed sales to their highest levels since the EGP float in 2016. Industry figures out yesterday showed that almost 291k new vehicles were sold last year, up 26% from 2020, despite rising prices caused by shortage of many models (thank you, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-02T03:54:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/22.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Car sales up 26% in 2021\",\"datePublished\":\"2022-02-02T03:54:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/\"},\"wordCount\":223,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/22.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AMIC\",\"automotive\",\"chip shortage\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/\",\"name\":\"Car sales up 26% in 2021 - 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Data from the Automotive Information Council (AMIC) showed that 19.7k units were sold during the month, down from 20.5k during November of 2020 and 19.3k units in October.The chip shortage is making itself felt: November\u2019s\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/29.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555105,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/car-sales-dip-in-september-thank-the-global-chip-shortage\/","url_meta":{"origin":543466,"position":1},"title":"Car sales dip in September \u2014 thank the global chip shortage","author":"enterpriseam admin","date":"2 November 2021","format":false,"excerpt":"Passenger car sales dipped slightly in September, falling more than 2% y-o-y from the same month last year, according to industry figures released yesterday. Data from the Automotive Information Council (AMIC) showed that local distributors moved 16.6k passenger vehicles during the month, down from 17,051 last year and 18.3k units\u2026","rel":"","context":"In "AUTO"","block_context":{"text":"AUTO","link":"https:\/\/enterpriseam.com\/egypt\/category\/auto\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/285.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543980,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/28\/car-sales-up-13-in-january\/","url_meta":{"origin":543466,"position":2},"title":"Car sales up 13% in January","author":"enterpriseam admin","date":"28 February 2022","format":false,"excerpt":"Passenger car sales were up 13% y-o-y in January, according to industry figures released yesterday. 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On a monthly basis, however, sales decelerated\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/40.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543466"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543466\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/543467"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543466"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543466"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}