{"id":635433,"date":"2017-12-04T04:06:46","date_gmt":"2017-12-04T04:06:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/auto-industry-anticipates-resurging-sales-next-year-after-cbe-lifts-imports-restrictions\/"},"modified":"2017-12-04T04:06:46","modified_gmt":"2017-12-04T04:06:46","slug":"auto-industry-anticipates-resurging-sales-next-year-after-cbe-lifts-imports-restrictions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/auto-industry-anticipates-resurging-sales-next-year-after-cbe-lifts-imports-restrictions\/","title":{"rendered":"Auto industry anticipates resurging sales next year after CBE lifts imports restrictions"},"content":{"rendered":"<p>Six auto companies plan on spending a combined EGP 1.5 bn in 2018 on new production lines, showrooms, and after sales centers in anticipation of a resurgent auto market next year, <a href=\"http:\/\/www.almalnews.com\/Story\/355296\/18\/6-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%B6%D8%AE-1-5-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D8%AE%D9%84%D8%A7%D9%84-2018\">Al Mal reports<\/a>. These include Bavaria Bavarian Auto, Honda Egypt, Al Amal, and Kayan Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six auto companies plan on spending a combined EGP 1.5 bn in 2018 on new production lines, showrooms, and after sales centers in anticipation of a resurgent auto market next year, Al Mal reports. These include Bavaria Bavarian Auto, Honda Egypt, Al Amal, and Kayan Egypt.<\/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":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635433","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c854df92-058b-4837-8c6d-9bc0f1ef50c8","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635394],"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>Auto industry anticipates resurging sales next year after CBE lifts imports restrictions - 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\/2017\/12\/04\/auto-industry-anticipates-resurging-sales-next-year-after-cbe-lifts-imports-restrictions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto industry anticipates resurging sales next year after CBE lifts imports restrictions\" \/>\n<meta property=\"og:description\" content=\"Six auto companies plan on spending a combined EGP 1.5 bn in 2018 on new production lines, showrooms, and after sales centers in anticipation of a resurgent auto market next year, Al Mal reports. 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Chevrolet clocked in the highest number of cars sold with\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":647716,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/auto-companies-decrease-sales-targets-due-to-market-slowdown\/","url_meta":{"origin":635433,"position":2},"title":"Auto companies decrease sales targets due to market slowdown","author":"enterpriseam admin","date":"17 May 2017","format":false,"excerpt":"Car distributors companies are slashing their sales targets for the remainder of the year by 30-50% due to the market slowdown following the EGP float, Al Mal reports.","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":649689,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/06\/auto-sales-decline-39-y-o-y-in-january\/","url_meta":{"origin":635433,"position":3},"title":"Auto sales decline 39% y-o-y in January","author":"enterpriseam admin","date":"6 March 2017","format":false,"excerpt":"Auto sales declined 39% year-on-year in January, with 9,400 vehicles sold throughout the month, according to data from the Automotive Information Council, Al Borsa reports. Passenger car sales dropped 28%, while bus and truck sales fell 55.5% and 57.8%, respectively. General Manager of Brilliance at Bavarian Auto, Khaled Saad, attributed\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":635377,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/auto-sales-drop-37-y-o-y-in-10m2017\/","url_meta":{"origin":635433,"position":4},"title":"Auto sales drop 37% y-o-y in 10M2017","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"Auto sales declined 37% y-o-y in 10M2017 to 108.7k vehicles from 173.5k last year, according to an Automotive Information Council (AMIC) report picked up by Al Mal. 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