{"id":597060,"date":"2019-07-15T04:18:59","date_gmt":"2019-07-15T04:18:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/"},"modified":"2019-07-15T04:18:59","modified_gmt":"2019-07-15T04:18:59","slug":"alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/","title":{"rendered":"Alamal auto group suspends production of BYD S5 amid low demand"},"content":{"rendered":"<p>Auto assembler Alamal Group is suspending its production of BYD S5 cars due to declining demand, board member Gamal Amin said, <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%A3%D9%85%D9%84-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA\/\">Al Mal reports<\/a>. The company originally intended to assemble 50 units per month and sell 600 in 2019, but poor market conditions caused in part by the decision to <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/02\/what-were-tracking-on-02-january-2019\/\">scrap customs on imported European cars<\/a> have forced it to shelve its plans. The company will continue to assemble the model if it receives bespoke requests. Boudy Group, the local distributor for Chinese companies Changhe Automobile and Kenbo, also said <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/11\/boudy-group-freezes-plans-to-assemble-changhe-cars-in-egypt-amid-weak-competition\/\">last week<\/a> it is considering freezing plans to assemble Changhe cars in Egypt due to weak demand. The Egyptian automotive sector has come under pressure this year, with the <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/01\/egypt-automotive-sales-down-8-y-o-y-in-5m2019\/\">latest AMIC report<\/a> showing that car sales fell 10% y-o-y to 41,154 units in the first five months of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Auto assembler Alamal Group is suspending its production of BYD S5 cars due to declining demand, board member Gamal Amin said, Al Mal reports. The company originally intended to assemble 50 units per month and sell 600 in 2019, but poor market conditions caused in part by the decision to scrap customs on imported European [&hellip;]<\/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":[9291],"tags":[144,2370,72,3518,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597060","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive","tag-automotive-transportation","tag-enterpriseam","tag-local-assembly","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"6bcdd066-8234-43d0-ab7a-7a569e180bef","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597031],"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>Alamal auto group suspends production of BYD S5 amid low demand - 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\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alamal auto group suspends production of BYD S5 amid low demand\" \/>\n<meta property=\"og:description\" content=\"Auto assembler Alamal Group is suspending its production of BYD S5 cars due to declining demand, board member Gamal Amin said, Al Mal reports. The company originally intended to assemble 50 units per month and sell 600 in 2019, but poor market conditions caused in part by the decision to scrap customs on imported European [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-15T04:18:59+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\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alamal auto group suspends production of BYD S5 amid low demand\",\"datePublished\":\"2019-07-15T04:18:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\"},\"wordCount\":144,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"automotive\",\"Automotive + Transportation\",\"EnterpriseAM\",\"Local assembly\",\"Manufacturing\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\",\"name\":\"Alamal auto group suspends production of BYD S5 amid low demand - 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