{"id":549028,"date":"2022-08-31T04:00:58","date_gmt":"2022-08-31T04:00:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/"},"modified":"2022-08-31T04:00:58","modified_gmt":"2022-08-31T04:00:58","slug":"auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/","title":{"rendered":"Auto sales fall again in July + Stellantis could invest in its local auto factories"},"content":{"rendered":"

<\/a> Auto sales halved in July from a year earlier <\/strong>as the market continued to struggle with import restrictions, inflation and a weaker currency. Passenger car sales dropped 50% y-o-y last month to 8.9k vehicles, according to figures provided by the Automotive Information Council (AMIC).<\/p>\n

Bus and truck sales were also down: <\/strong>Some 1.3k buses and 2.6k trucks were sold in July \u2014 marking around a 30% y-o-y drop for both segments. Total vehicle sales dropped 46% y-o-y to 12.8k units.<\/p>\n

ICYMI- The auto sector is in a jam:<\/strong> Passenger vehicle sales have since March<\/a> been marking steep y-o-y declines, with car sales dipping by more than a third y-o-y in June<\/a>. The market has been rocked by new rules<\/a>requiring importers to get letters of credit (L\/Cs)<\/a> that effectively limited imports to a handful of essential goods, leaving new cars and car parts stranded at ports and pushing a number of global car manufacturers<\/a> to suspend sales here. The devaluation<\/a> of the EGP and inflation<\/a> are also weighing on the sector.<\/p>\n

Distributors are slowly releasing existing inventory to the market at higher prices <\/strong>to maximize margins amid supply constraints. And local assembly is struggling: Assembly lines are getting some allocation of FX to bring in kits (called \u201cCKD\u201d units in the industry) while already-build passenger cars remain effectively blocked from entering the country.<\/p>\n

A light at the end of the tunnel? <\/strong>The government is rolling out measures to ease the logjam at ports, including a potential route for importers to bypass filing for L\/Cs. Catch the full story in our Economy section, above.<\/p>\n

REMEMBER- You\u2019re entitled to a refund if your new car hasn\u2019t materialized. <\/strong>The consumer watchdog in May<\/a> ordered distributors to fully return down payments with 18% interest to anyone who had ordered vehicles before 12 April and wants a refund. Those who still want their vehicles have full price protection (that is, companies are forbidden from retrospectively hiking prices on cars ordered before 12 April due to inflation).<\/p>\n

PLEASE, PLEASE ASSEMBLE THE NEW JEEP GRAND CHEROKEE IN EGYPT\u2026<\/strong><\/p>\n

Stellantis is considering upping investments and expanding capacity at Arab<\/strong> American Vehicle Company (AAV) factories<\/strong>, cabinet said in a statement<\/a> yesterday. This comes under an MoU signed between the auto giant \u2014 a merger between Fiat Chrysler and Peugeot \u2014 and the General Authority for Investment and Freezones (GAFI) yesterday. AAV is a JV between Stellantis and the military-affiliated Arab Organization for Industrialization.<\/p>\n

Stellantis likes the auto localization strategy:<\/strong> The automaker reiterated its interest in taking advantage of the government\u2019s incentives for the auto sector<\/a>, having already expressed<\/a> its interest in assembling electric vehicles in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Auto sales halved in July from a year earlier as the market continued to struggle with import restrictions, inflation and a weaker currency. Passenger car sales dropped 50% y-o-y last month to 8.9k vehicles, according to figures provided by the Automotive Information Council (AMIC). Bus and truck sales were also down: Some 1.3k buses and […]<\/p>\n","protected":false},"author":1,"featured_media":549029,"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":[1291,144,72,461,125,131,622,1888],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-arab-organization-for-industrialization","tag-automotive","tag-enterpriseam","tag-gafi","tag-investment-watch","tag-manufacturing","tag-national-security","tag-stellantis","wpautop","entry"],"acf":{"mongo_id":"3b486e11-dc50-48d9-b375-bfe5816f3f05","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/8\/446.jpg","photo_position":"above","related_issue":[549021],"teaser":"","voice_url":""},"yoast_head":"\nAuto sales fall again in July + Stellantis could invest in its local auto factories - 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\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto sales fall again in July + Stellantis could invest in its local auto factories\" \/>\n<meta property=\"og:description\" content=\"Auto sales halved in July from a year earlier as the market continued to struggle with import restrictions, inflation and a weaker currency. Passenger car sales dropped 50% y-o-y last month to 8.9k vehicles, according to figures provided by the Automotive Information Council (AMIC). Bus and truck sales were also down: Some 1.3k buses and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-31T04:00:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Auto sales fall again in July + Stellantis could invest in its local auto factories\",\"datePublished\":\"2022-08-31T04:00:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\"},\"wordCount\":447,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Arab Organization for Industrialization\",\"automotive\",\"EnterpriseAM\",\"GAFI\",\"investment watch\",\"Manufacturing\",\"national security\",\"Stellantis\"],\"articleSection\":[\"Automotive\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\",\"name\":\"Auto sales fall again in July + Stellantis could invest in its local auto factories - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-08-31T04:00:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Auto sales fall again in July + Stellantis could invest in its local auto factories\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Auto sales fall again in July + Stellantis could invest in its local auto factories - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/","og_locale":"en_US","og_type":"article","og_title":"Auto sales fall again in July + Stellantis could invest in its local auto factories","og_description":"Auto sales halved in July from a year earlier as the market continued to struggle with import restrictions, inflation and a weaker currency. Passenger car sales dropped 50% y-o-y last month to 8.9k vehicles, according to figures provided by the Automotive Information Council (AMIC). Bus and truck sales were also down: Some 1.3k buses and […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-08-31T04:00:58+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Auto sales fall again in July + Stellantis could invest in its local auto factories","datePublished":"2022-08-31T04:00:58+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/"},"wordCount":447,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1","keywords":["Arab Organization for Industrialization","automotive","EnterpriseAM","GAFI","investment watch","Manufacturing","national security","Stellantis"],"articleSection":["Automotive"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/","name":"Auto sales fall again in July + Stellantis could invest in its local auto factories - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1","datePublished":"2022-08-31T04:00:58+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/auto-sales-fall-again-in-july-stellantis-could-invest-in-its-local-auto-factories\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Auto sales fall again in July + Stellantis could invest in its local auto factories"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/446.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":549817,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/car-sales-fell-once-again-in-august\/","url_meta":{"origin":549028,"position":0},"title":"Car sales fell once again in August","author":"enterpriseam admin","date":"2 October 2022","format":false,"excerpt":"Auto sales were down by more than half in August compared with the same month a year before as the market continues to struggle with barriers to import. Passenger car sales dropped nearly 53% y-o-y last month to just 8.7k vehicles, according to figures provided by the Automotive Information Council\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":671116,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/01\/auto-sales-slip-for-first-time-in-six-months-in-july\/","url_meta":{"origin":549028,"position":1},"title":"Auto sales slip for first time in six months in July","author":"enterpriseam admin","date":"1 September 2025","format":false,"excerpt":"Auto sales fell 4.9% m-o-m in July to 15.6k units","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\/2025\/9\/18.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590709,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/passenger-car-sales-decline-by-4-y-o-y-in-november\/","url_meta":{"origin":549028,"position":2},"title":"Passenger car sales decline by 4% y-o-y in November","author":"enterpriseam admin","date":"31 December 2019","format":false,"excerpt":"Passenger car sales were down in November for the ninth consecutive month, declining 4% y-o-y to 12,321 vehicles, according to an Automotive Information Council (AMIC) report (pdf). However, bus and truck sales increased 34.1% and 36.5% y-o-y, respectively, during the month. Total market volume in Egypt increased by 5.12% in\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555940,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/","url_meta":{"origin":549028,"position":3},"title":"Auto sales strengthen in August","author":"enterpriseam admin","date":"4 October 2021","format":false,"excerpt":"Passenger car sales continued to strengthen in August, rising 15% y-o-y during the month, according to industry figures released yesterday. Data from the Automotive Information Council (AMIC) showed that local distributors move some 18.3k units during the month, up from 15.9k in August 2020, while on a monthly basis sales\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\/10\/43.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574079,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/auto-sales-up-14-y-o-y-in-july\/","url_meta":{"origin":549028,"position":4},"title":"Auto sales up 14% y-o-y in July","author":"enterpriseam admin","date":"30 August 2020","format":false,"excerpt":"Auto sales rebound in July: Auto sales showed signs of recovery in July from a downturn in the second quarter caused by the covid-19 pandemic, according to industry data released yesterday. Figures released by the Automotive Marketing Information Council (AMIC) showed sales rising 14.4% y-o-y in July to reach 18.3k\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":587613,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/30\/car-sales-drop-69-in-april\/","url_meta":{"origin":549028,"position":5},"title":"Car sales drop 69% in April","author":"enterpriseam admin","date":"30 May 2023","format":false,"excerpt":"Monthly auto sales dropped to their lowest levels since at least the start of 2018","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\/2023\/5\/1578.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\/549028","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=549028"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549028\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/549029"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549028"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549028"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}