{"id":628785,"date":"2018-05-14T04:10:12","date_gmt":"2018-05-14T04:10:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/"},"modified":"2018-05-14T04:10:12","modified_gmt":"2018-05-14T04:10:12","slug":"one-step-closer-to-launching-the-automotive-directive","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/","title":{"rendered":"One step closer to launching the Automotive Directive"},"content":{"rendered":"

One step closer to launching the Automotive Directive?<\/strong> The Trade and Industry Ministry plans to hold a meeting today with a number of auto companies to discuss an order issued by minister Tarek Kabil last month<\/a> on local content that is widely considered to be a forerunner to the Automotive Directive, said Tamer El Shafei<\/a>, head of the auto components division of the Federation of Egyptian Industries. The meeting brief the companies on the order and start a dialogue. The order mandates that 46% of the components of a domestically-assembled car be sourced locally, and that 28% of a car has to be assembled in Egypt for it to qualify as an \u201cassembled in Egypt\u201d vehicle. This portion will be reduced by 1% every year following implementation of the decision. Twelve car assemblers will reportedly take part in the meeting, among them our friends at GB Auto as well as Bavaria Auto Group, and Nissan Auto Egypt.<\/p>\n

Toyota Egypt throws its weight behind the Automotive Directive: <\/strong>Toyota Egypt CEO Ahmed Monsef expressed his support for last month\u2019s order amending domestic component quotas. The order\u2019s timing is also significant as the long-awaited Automotive Directive has yet to be issued, he added<\/a>.<\/p>\n

There are 231 days left until 1 January 2019.<\/strong> That\u2019s when customs on vehicles imported from the European Union are set to fall to zero. The domestic auto assembly sector runs the risk of major downsizing if it hits 1 January without the protections mandated in the Automotive Directive, which would offer assemblers incentives to move up the value chain into manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"

One step closer to launching the Automotive Directive? The Trade and Industry Ministry plans to hold a meeting today with a number of auto companies to discuss an order issued by minister Tarek Kabil last month on local content that is widely considered to be a forerunner to the Automotive Directive, said Tamer El Shafei, […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628785","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"aa8ca2ea-2826-4931-98f4-61786b4b0395","order":"0","is_powered_by":true,"section_story_id":"8a9e4de0-d1f1-4688-b6db-69a9c70d6e39","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628771],"teaser":"","voice_url":""},"yoast_head":"\nOne step closer to launching the Automotive Directive - 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\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One step closer to launching the Automotive Directive\" \/>\n<meta property=\"og:description\" content=\"One step closer to launching the Automotive Directive? The Trade and Industry Ministry plans to hold a meeting today with a number of auto companies to discuss an order issued by minister Tarek Kabil last month on local content that is widely considered to be a forerunner to the Automotive Directive, said Tamer El Shafei, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-14T04:10:12+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\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"One step closer to launching the Automotive Directive\",\"datePublished\":\"2018-05-14T04:10:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/\"},\"wordCount\":266,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/\",\"name\":\"One step closer to launching the Automotive Directive - 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Importers, including Volkswagen, Seat, Kia Motors, and Ford\u2026","rel":"","context":"In "Speed Round"","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":630706,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/trade-and-industry-ministry-paves-way-for-automotive-directive-and-sets-46-domestic-component-requirement\/","url_meta":{"origin":628785,"position":1},"title":"Trade and Industry Ministry paves way for Automotive Directive and sets 46% domestic component requirement","author":"enterpriseam admin","date":"30 April 2018","format":false,"excerpt":"Trade and Industry Ministry paves way for Automotive Directive and sets 46% domestic component requirement: Trade and Industry Minister Tarek Kabil issued a directive mandating that 46% of the components of a domestically-assembled car be sourced locally, according to a statement from the ministry on Sunday. The decision also mandates\u2026","rel":"","context":"In "Speed Round"","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":630283,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/future-investments-in-egypt-from-nissan-toyota-ride-on-the-automotive-directive\/","url_meta":{"origin":628785,"position":2},"title":"Future investments in Egypt from Nissan, Toyota ride on the Automotive Directive","author":"enterpriseam admin","date":"17 April 2018","format":false,"excerpt":"Future investments in Egypt from Nissan, Toyota ride on the Automotive Directive: Japanese automakers Nissan and Toyota are waiting on the Automotive Directive to decide on how to expand their investments in Egypt, economic counselor at the Japanese embassy in Cairo Hiro Ichiba said. The two companies would invest more\u2026","rel":"","context":"In "Speed Round"","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":634530,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/german-consultancy-to-conclude-its-assessment-of-automotive-directive-in-one-month\/","url_meta":{"origin":628785,"position":3},"title":"German consultancy to conclude its assessment of Automotive Directive in one month","author":"enterpriseam admin","date":"17 January 2018","format":false,"excerpt":"The German consultancy firm hired to advise on the redrafting of the Automotive Directive should complete its work within a month, sources familiar with the matter tell Al Masry Al Youm. Industrial Development Authority head Ahmed Abdel Razek had said last month that the final draft of the law \u2014\u2026","rel":"","context":"In "Speed Round"","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":629046,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/trade-minister-forms-local-automotive-manufacturing-committee\/","url_meta":{"origin":628785,"position":4},"title":"Trade Minister forms local automotive manufacturing committee","author":"enterpriseam admin","date":"21 May 2018","format":false,"excerpt":"Another step toward the Automotive Directive? Trade Minister Tarek Kabil issued yesterday a decree forming a committee in charge of implementing higher local content requirements for domestic assemblers and manufacturers. 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