{"id":575205,"date":"2020-10-06T04:07:52","date_gmt":"2020-10-06T04:07:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/"},"modified":"2020-10-06T04:07:52","modified_gmt":"2020-10-06T04:07:52","slug":"car-prices-inch-up-1-5-on-back-of-global-supply-shortage","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/","title":{"rendered":"Car prices inch up 1-5% on back of global supply shortage"},"content":{"rendered":"

Car prices have inched up 1-5% over the past year due in part to a growing supply<\/strong> shortage <\/strong>brought on in part by the covid-19 pandemic, said Chairman of the Egyptian Automotive Dealers Association Osama Aboul Magd, Al Masry Al Youm<\/a> reports. Output at some major car manufacturers was lower this year on the back of covid shutdowns and as demand slumped in major global markets. Although demand has picked up<\/a> in recent months after the covid-19 lockdown brought the sector to a standstill in the second quarter, Aboul Magd said that it\u2019s unlikely car sales will reach 150k this year, a 25% fall from 200k in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

Car prices have inched up 1-5% over the past year due in part to a growing supply shortage brought on in part by the covid-19 pandemic, said Chairman of the Egyptian Automotive Dealers Association Osama Aboul Magd, Al Masry Al Youm reports. Output at some major car manufacturers was lower this year on the back […]<\/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":[5961,6031,72,6030,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575205","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-car-prices","tag-egyptian-automotive-dealers-association","tag-enterpriseam","tag-osama-aboul-magd","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b8505b4b-918b-4017-b81d-dd0e0489feb1","is_powered_by":true,"section_story_id":"7cf2f09d-16bf-411e-b934-a93fa98707dc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575191],"teaser":"","voice_url":""},"yoast_head":"\nCar prices inch up 1-5% on back of global supply shortage - 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\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Car prices inch up 1-5% on back of global supply shortage\" \/>\n<meta property=\"og:description\" content=\"Car prices have inched up 1-5% over the past year due in part to a growing supply shortage brought on in part by the covid-19 pandemic, said Chairman of the Egyptian Automotive Dealers Association Osama Aboul Magd, Al Masry Al Youm reports. Output at some major car manufacturers was lower this year on the back […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-06T04:07:52+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\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Car prices inch up 1-5% on back of global supply shortage\",\"datePublished\":\"2020-10-06T04:07:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"car prices\",\"Egyptian Automotive Dealers Association\",\"EnterpriseAM\",\"Osama Aboul Magd\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/car-prices-inch-up-1-5-on-back-of-global-supply-shortage\/\",\"name\":\"Car prices inch up 1-5% on back of global supply shortage - 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