{"id":555940,"date":"2021-10-04T04:14:16","date_gmt":"2021-10-04T04:14:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/"},"modified":"2021-10-04T04:14:16","modified_gmt":"2021-10-04T04:14:16","slug":"auto-sales-strengthen-in-august","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/","title":{"rendered":"Auto sales strengthen in August"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Passenger car sales continued to strengthen in August<\/strong>, 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 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9d0f7a92-e4d5-457a-8e77-0b5aa1f861ef\">August 2020<\/a>, while on a monthly basis sales rose 3% from the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b70fb498-8ab7-4750-93cf-ff46f14115fa\">17.8k in July<\/a>.<\/p>\n<p><strong>August sales represent sustained growth, not a low base effect: <\/strong>Sales of all types of vehicles saw a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/38e18539-8b5d-4fcf-a161-5e3bfa00f8c8\">dip in 2Q2020<\/a> on the back of a pandemic-induced slowdown. But passenger car sales had recovered by August last year, increasing nearly 50% y-o-y from 10.7k in August 2019. This August\u2019s passenger car sales represent a 71% increase on August 2019, the summer before the pandemic hit.<\/p>\n<p><strong>Total vehicle sales were up<\/strong> <strong>18% y-o-y<\/strong> to 24.5k units, compared with 20.8k in August 2020. Vehicle sales also increased slightly on a monthly basis, up 4% from the 23.5k units sold in July.<\/p>\n<p><strong>Sales of buses and trucks also posted growth in August:<\/strong> 1.9 k buses were sold in August, up 19% y-o-y from 1.6k in August 2020, and little changed from July. Truck sales were up by a hefty 32% y-o-y and 14% m-o-m to 4.2k.<\/p>\n<p><strong>AMIC data is self-reported by member distributors<\/strong>, who include the majority of (but not all) industry participants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 rose 3% from the 17.8k [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":555941,"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":[9852],"tags":[9851,144,72,145,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto","tag-auto","tag-automotive","tag-enterpriseam","tag-logistics","tag-transport","wpautop","entry"],"acf":{"mongo_id":"b8906b3f-3102-451e-8ad7-4f9439a5e3f2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/10\/43.jpg","photo_position":"above","related_issue":[555934],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Auto sales strengthen in August - 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\/2021\/10\/04\/auto-sales-strengthen-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto sales strengthen in August\" \/>\n<meta property=\"og:description\" content=\"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 rose 3% from the 17.8k [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-04T04:14:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/43.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\/2021\/10\/04\/auto-sales-strengthen-in-august\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Auto sales strengthen in August\",\"datePublished\":\"2021-10-04T04:14:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/\"},\"wordCount\":208,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/43.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AUTO\",\"automotive\",\"EnterpriseAM\",\"logistics\",\"transport\"],\"articleSection\":[\"AUTO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/auto-sales-strengthen-in-august\/\",\"name\":\"Auto sales strengthen in August - 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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 &quot;Automotive&quot;","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":568509,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/car-sales-up-in-september-as-sector-continues-recovery-from-covid-slump\/","url_meta":{"origin":555940,"position":1},"title":"Car sales up in September as sector continues recovery from covid slump","author":"enterpriseam admin","date":"1 November 2020","format":false,"excerpt":"Car sales continued to tick upwards in September as the sector continued its recovery from the drop in sales during the second-quarter covid-19 lockdown, according to industry data released yesterday. Figures from the Automotive Information Council (AMIC) show that vehicle sales rose 11.25% y-o-y to 22.9k in September, up from\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/18.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638342,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/auto-sales-slump-continues-in-august\/","url_meta":{"origin":555940,"position":2},"title":"Auto sales slump continues in August","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"The auto industry slump continues, with overall sales declining 20% y-o-y in August and only 14,102 vehicles sold, Al Borsa reports citing a report by the Automotive Marketing Information Council. Passenger car sales fell 20% for the month, while bus sales dropped 25.9%. Truck sales slipped 14.8% in August. Sales\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","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":555105,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/car-sales-dip-in-september-thank-the-global-chip-shortage\/","url_meta":{"origin":555940,"position":3},"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 &quot;AUTO&quot;","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":574989,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/car-sales-rise-in-august-as-sector-recovers-from-covid-19-slump\/","url_meta":{"origin":555940,"position":4},"title":"Car sales rise in August as sector recovers from covid-19 slump","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"Car sales continued to rebound in August from a slump in sales during the second-quarter covid-19 lockdown, according to industry data released yesterday. Figures from the Automotive Information Council (AMIC) show that vehicle sales rose 13% to 20.8k, up from 18.3k in July. Sales were up more than 40% on\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/310.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":555940,"position":5},"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 &quot;Automotive + Transportation&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555940","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=555940"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555940\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555941"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555940"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555940"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}