{"id":634530,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/german-consultancy-to-conclude-its-assessment-of-automotive-directive-in-one-month\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"german-consultancy-to-conclude-its-assessment-of-automotive-directive-in-one-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/german-consultancy-to-conclude-its-assessment-of-automotive-directive-in-one-month\/","title":{"rendered":"German consultancy to conclude its assessment of Automotive Directive in one month"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The German consultancy firm hired to advise on the redrafting of the Automotive Directive should complete its work within a month,<\/strong> sources familiar with the matter <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1245844\">tell Al Masry Al Youm<\/a>. Industrial Development Authority head Ahmed Abdel Razek had said last month that the final draft of the law \u2014 which would grant local assemblers incentives to move further up the value chain to manufacturing \u2014 would be out in January, blaming the delay in redrafting the bill on the German firm. The Automotive Directive is being redrafted <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/11\/final-draft-of-the-automotive-directive-coming-in-january\/\">after disagreements<\/a> over stipulations for local content requirements as well as the extent of incentives offered to manufacturers, which importers decried, claiming it would be detrimental for their business and a violation of freetrade agreements with the EU.<\/p>\n<p><strong>A business case for the Automotive Directive:<\/strong> Auto industry insiders are claiming that there is an ever-increasing backlog on orders for locally assembled cars. A source from GB Auto <a href=\"http:\/\/www.almalnews.com\/Story\/361093\/18\/4-%D8%A3%D8%B3%D8%A7%D8%A8%D9%8A%D8%B9-%D9%81%D8%AA%D8%B1%D8%A9-%D8%A7%D9%86%D8%AA%D8%B8%D8%A7%D8%B1-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%BA%D8%A8%D9%88%D8%B1-%D8%A3%D9%88%D8%AA%D9%88-%D8%A7%D9%84%D9%85%D8%AC%D9%85%D8%B9%D8%A9-%D9%85%D8%AD%D9%84%D9%8A%D8%A7\">tells Al Mal<\/a> that the company has an order backlog stretching for about a month on its locally assembled models. They also added that demand for locally assembled vehicles has outsripped supply, with the industry experiencing shortages in 4Q2017. Insiders also say that the main culprit had been difficulties in sourcing imported components. If the demand for more affordable locally-manufactured cars is as high as it is, how does it serve the market by not passing a law which would encourage and expand local manufacturing?<\/p>\n<p><strong>Former Trade and Industry Minister Mounir Fakhry Abdelnour threw his weight behind the Automotive Directive<\/strong>, denouncing claims made by importers that the act was made to grant an advantage to a few large assemblers such as GB Auto. Abdelnour, now a member of the board at GB Auto as well as other major Egyptian listed corporations, said the legislation aims to encourage all auto industry players to move into domestic production and allow smaller assemblers a chance to grow, <a href=\"http:\/\/www.almalnews.com\/Story\/361078\/18\/%D9%81%D8%AE%D8%B1%D9%8A-%D8%B9%D8%A8%D8%AF%D8%A7%D9%84%D9%86%D9%88%D8%B1-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%87%D9%88%D8%B6-%D8%A8%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%84%D8%A7-%D8%AA%D8%AE%D8%AF%D9%85-%D9%85%D8%B5%D8%A7%D9%84%D8%AD-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%85%D8%B9%D9%8A%D9%86%D8%A9-\">according to Al Mal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 which would grant local assemblers [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634530","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7147885e-2da9-4ca0-b9f8-19eaaad98eeb","order":"0","is_powered_by":true,"section_story_id":"fc4ce158-9b2a-4c7d-a4e7-58a6fb68c82a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634519],"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>German consultancy to conclude its assessment of Automotive Directive in one month - 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\/01\/17\/german-consultancy-to-conclude-its-assessment-of-automotive-directive-in-one-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"German consultancy to conclude its assessment of Automotive Directive in one month\" \/>\n<meta property=\"og:description\" content=\"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. 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Kabil had said last November\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":635678,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/final-draft-of-the-automotive-directive-coming-in-january\/","url_meta":{"origin":634530,"position":1},"title":"\u201cFinal\u201d draft of the Automotive Directive coming in January","author":"enterpriseam admin","date":"11 December 2017","format":false,"excerpt":"LEGISLATION WATCH- \u201cFinal\u201d draft of the Automotive Directive coming in January: A final draft of the long-awaited Automotive Directive will be ready next month, said Industry Development Authority head Ahmed Abdel Razek. He tells Al Mal that factoring in input from a German consulting firm hired by the Trade and\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":644984,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/09\/trade-ministry-to-hire-outside-consultancy-to-help-with-the-automotive-directive\/","url_meta":{"origin":634530,"position":2},"title":"Trade Ministry to hire outside consultancy to help with the automotive directive","author":"enterpriseam admin","date":"9 July 2017","format":false,"excerpt":"The Trade and Industry Ministry will be hiring a German consultant to help with the automotive directive, Trade Minister Tarek Kabil told the press on Thursday, according to Youm7. He does not specify what this help will be, but stated that this mystery consultant had helped Morocco develop its industry.\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631497,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/auto-importers-are-still-haggling-over-the-fine-print-of-the-automotive-directive\/","url_meta":{"origin":634530,"position":3},"title":"Auto importers are still haggling over the fine print of the Automotive Directive","author":"enterpriseam admin","date":"20 March 2018","format":false,"excerpt":"Auto importers are fighting the Automotive Directive: Car and truck importers are still looking to delay the inevitable passage of the Automotive Directive by haggling over the fine print and framework for raising domestic components in auto assembly. At issue now: They\u2019re demanding the Trade and Industry Ministry revisit the\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":632409,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/automotive-directive-to-be-voted-into-law-by-2q2018\/","url_meta":{"origin":634530,"position":4},"title":"Automotive Directive to be voted into law by 2Q2018","author":"enterpriseam admin","date":"11 February 2018","format":false,"excerpt":"LEGISLATION WATCH- Can we please get some clarity on when the Automotive Directive might be ready for debate? In the latest update on the Automotive Directive, unnamed government sources tell Al Borsa that the act is expected to be issued some time in 2Q2018 \u2014 another delay in estimates on\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":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":634530,"position":5},"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. 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