{"id":568790,"date":"2020-02-04T04:30:28","date_gmt":"2020-02-04T04:30:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/"},"modified":"2020-02-04T04:30:28","modified_gmt":"2020-02-04T04:30:28","slug":"egypts-car-sales-fall-5-7-in-2019-amic","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/","title":{"rendered":"Egypt\u2019s car sales fall 5.7% in 2019 -AMIC"},"content":{"rendered":"

<\/a> Automotive sales fell 5.7% to 183k units last year<\/strong>, down from 194k in 2018, Al Mal reported<\/a> citing figures from the Automotive Marketing Information Council (AMIC), an industry association. Passenger car sales led the decline, falling 13% in 2019 from the previous year to 127k vehicles. Buses (+27%) and trucks (+9%) were bright spots last year. The report, which relies on self-reporting by member distributors, shows Chevrolet as top-selling overall brand in 2019 (including passenger car and commercial vehicle sales), accounting for 23% of total sales. Nissan came second capturing a 11.7% market share, followed by Hyundai at 9.7%. The market contraction came despite cuts to customs rates on automobiles<\/strong> assembled in the European Union and as the EGP strengthened against the greenback in the back half of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

Automotive sales fell 5.7% to 183k units last year, down from 194k in 2018, Al Mal reported citing figures from the Automotive Marketing Information Council (AMIC), an industry association. Passenger car sales led the decline, falling 13% in 2019 from the previous year to 127k vehicles. Buses (+27%) and trucks (+9%) were bright spots last […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[143,144,4515,72,9271,145,2532,2380,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568790","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-amic","tag-automotive","tag-chevrolet","tag-enterpriseam","tag-hyundai","tag-logistics","tag-nissan","tag-speed-round","tag-transport","wpautop","entry"],"acf":{"mongo_id":"199052ef-b2d0-4a51-bef5-b4755318f01a","is_powered_by":true,"section_story_id":"a4320ae5-46f3-467a-9c7f-616e807179de","story_type":"1","photo_url":"","photo_position":"above","related_issue":[568779],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s car sales fall 5.7% in 2019 -AMIC - 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\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s car sales fall 5.7% in 2019 -AMIC\" \/>\n<meta property=\"og:description\" content=\"Automotive sales fell 5.7% to 183k units last year, down from 194k in 2018, Al Mal reported citing figures from the Automotive Marketing Information Council (AMIC), an industry association. Passenger car sales led the decline, falling 13% in 2019 from the previous year to 127k vehicles. Buses (+27%) and trucks (+9%) were bright spots last […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-04T04:30:28+00:00\" \/>\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\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s car sales fall 5.7% in 2019 -AMIC\",\"datePublished\":\"2020-02-04T04:30:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/\"},\"wordCount\":125,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AMIC\",\"automotive\",\"Chevrolet\",\"EnterpriseAM\",\"Hyundai\",\"logistics\",\"Nissan\",\"SPEED ROUND\",\"transport\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypts-car-sales-fall-5-7-in-2019-amic\/\",\"name\":\"Egypt\u2019s car sales fall 5.7% in 2019 -AMIC - 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