{"id":605098,"date":"2018-12-20T07:51:20","date_gmt":"2018-12-20T07:51:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/"},"modified":"2018-12-20T07:51:20","modified_gmt":"2018-12-20T07:51:20","slug":"auto-sales-to-fall-short-of-targets-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/","title":{"rendered":"Auto sales to fall short of targets this year"},"content":{"rendered":"<p>Automotive sales will unlikely surpass 170k units by the end of the year, after initially being expected to reach 200k units, head of the automotive traders association Osama Abo El Magd <a href=\"https:\/\/www.youm7.com\/story\/2018\/12\/19\/%D8%AE%D8%A8%D8%B1%D8%A7%D8%A1-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%84%D9%86-%D8%AA%D8%AA%D8%AE%D8%B7%D9%89-170-%D8%A3%D9%84%D9%81-%D9%88%D8%AD%D8%AF%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-2018\/4073311\">told Youm7<\/a>. According to Abo El Magd, the expected fall to 0% of customs duties on European cars as of 1 January is putting a damper on demand. The slowdown is expected to persist throughout 1Q2019 until prices stabilize and consumer confidence picks up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Automotive sales will unlikely surpass 170k units by the end of the year, after initially being expected to reach 200k units, head of the automotive traders association Osama Abo El Magd told Youm7. According to Abo El Magd, the expected fall to 0% of customs duties on European cars as of 1 January is putting [&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":[144,2370,72,338],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605098","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive","tag-automotive-transportation","tag-enterpriseam","tag-retail","wpautop","entry"],"acf":{"mongo_id":"957eb239-08ab-4083-b72b-61a0a5be480b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Auto sales to fall short of targets this year","related_issue":[605063],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.e550e85f-ae35-4f46-80fe-09257daef223.mp3"},"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 to fall short of targets this year - 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\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto sales to fall short of targets this year\" \/>\n<meta property=\"og:description\" content=\"Automotive sales will unlikely surpass 170k units by the end of the year, after initially being expected to reach 200k units, head of the automotive traders association Osama Abo El Magd told Youm7. According to Abo El Magd, the expected fall to 0% of customs duties on European cars as of 1 January is putting [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-20T07:51:20+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Auto sales to fall short of targets this year\",\"datePublished\":\"2018-12-20T07:51:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"automotive\",\"Automotive + Transportation\",\"EnterpriseAM\",\"retail\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\",\"name\":\"Auto sales to fall short of targets this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-12-20T07:51:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Auto sales to fall short of targets this year\"}]},{\"@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 to fall short of targets this year - 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\/2018\/12\/20\/auto-sales-to-fall-short-of-targets-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Auto sales to fall short of targets this year","og_description":"Automotive sales will unlikely surpass 170k units by the end of the year, after initially being expected to reach 200k units, head of the automotive traders association Osama Abo El Magd told Youm7. 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Output at some major car manufacturers was lower\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":694072,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/16\/february-auto-sales-climb-63-y-o-y-as-market-awaits-true-war-impact-in-march\/","url_meta":{"origin":605098,"position":1},"title":"February auto sales climb 63% y-o-y as market awaits true war impact in March","author":"enterpriseam admin","date":"16 April 2026","format":false,"excerpt":"Total sales rose 22.5% m-o-m to 17.3k units.","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\/2026\/4\/788.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628315,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/auto-sales-rise-for-the-second-month-in-a-row-in-may\/","url_meta":{"origin":605098,"position":2},"title":"Auto sales rise for the second month in a row in May","author":"enterpriseam admin","date":"2 July 2024","format":false,"excerpt":"The increase was driven by growth across bus, truck, and passenger car sales","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\/2024\/7\/125.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641759,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/02\/egypts-address-to-the-un-security-council-on-the-gerd-dominated-airwaves-sunday\/","url_meta":{"origin":605098,"position":3},"title":"Egypt\u2019s address to the UN Security Council on the GERD dominated airwaves Sunday","author":"enterpriseam admin","date":"2 September 2024","format":false,"excerpt":"Plus, a new plan from the Finance Ministry to crack down on car importers who\u2019ve illegally skirted customs duties","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/86.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658704,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/15\/egyptian-customs-authority-begins-clearing-30k-passenger-car-port-backlog-following-new-regulations\/","url_meta":{"origin":605098,"position":4},"title":"Egyptian Customs Authority begins clearing 30k passenger car port backlog following new regulations","author":"enterpriseam admin","date":"15 January 2025","format":false,"excerpt":"\u201cThese procedures represent a breakthrough in resolving the crisis of vehicles piled up at ports,\u201d Egyptian Automotive Dealers Association head Osama Abou El Magd said","rel":"","context":"In &quot;Customs&quot;","block_context":{"text":"Customs","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/customs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/863.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600326,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/27\/egypt-to-sell-up-to-200k-automotives-in-2019-says-amic-head\/","url_meta":{"origin":605098,"position":5},"title":"Egypt to sell up to 200k automotives in 2019, says AMIC head","author":"enterpriseam admin","date":"27 January 2019","format":false,"excerpt":"Automotive sales in Egypt are expected to dip slightly to 180k-200k units this year, Automotive Information Council (AMIC) boss Moustafa Hussein tells Masrawy. 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