{"id":637646,"date":"2017-11-21T04:03:19","date_gmt":"2017-11-21T04:03:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/auto-spare-parts-imports-drop-to-usd-380-mn-for-first-nine-months-of-the-year\/"},"modified":"2017-11-21T04:03:19","modified_gmt":"2017-11-21T04:03:19","slug":"auto-spare-parts-imports-drop-to-usd-380-mn-for-first-nine-months-of-the-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/auto-spare-parts-imports-drop-to-usd-380-mn-for-first-nine-months-of-the-year\/","title":{"rendered":"Auto spare parts imports drop to USD 380 mn for first nine months of the year"},"content":{"rendered":"<p>Automotive spare parts imports in 9M2017 declined to USD 380 mn from USD 670 mn last year, deputy head of the Spare Parts Division of the Cairo Chambers of Commerce <a href=\"http:\/\/www.almalnews.com\/Story\/353794\/19\/%D8%A7%D9%84%D8%B1%D9%83%D9%88%D8%AF-%D9%8A%D9%87%D9%88%D9%8A-%D8%A8%D9%88%D8%A7%D8%B1%D8%AF%D8%A7%D8%AA-%D9%82%D8%B7%D8%B9-%D8%BA%D9%8A%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A5%D9%84%D9%89-380-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">Shalaby Ghaleb said<\/a>. The slump is part of the broader slowdown in the auto industries as both importers and consumers grapple with rising costs. Ghaleb added that the price increases have led to increased sales of counterfeit parts, <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\">a concern he has raised before<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Automotive spare parts imports in 9M2017 declined to USD 380 mn from USD 670 mn last year, deputy head of the Spare Parts Division of the Cairo Chambers of Commerce Shalaby Ghaleb said. The slump is part of the broader slowdown in the auto industries as both importers and consumers grapple with rising costs. Ghaleb [&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":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637646","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f3b1ad39-6acb-4614-8a48-5c0bf7f68263","order":"0","is_powered_by":true,"section_story_id":"8980d131-bbee-4079-a522-0c229c6960d4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637616],"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 spare parts imports drop to USD 380 mn for first nine months of the 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\/2017\/11\/21\/auto-spare-parts-imports-drop-to-usd-380-mn-for-first-nine-months-of-the-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto spare parts imports drop to USD 380 mn for first nine months of the year\" \/>\n<meta property=\"og:description\" content=\"Automotive spare parts imports in 9M2017 declined to USD 380 mn from USD 670 mn last year, deputy head of the Spare Parts Division of the Cairo Chambers of Commerce Shalaby Ghaleb said. The slump is part of the broader slowdown in the auto industries as both importers and consumers grapple with rising costs. 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The auto industry is apparently going through a spate of layoffs, with 10-15% of employees having been let go from January to April, according to Egyptian Automotive Manufacturing Association head Hassan Suleiman. He tells Al Mal that the job cuts have been primarily targeting\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":637018,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/govt-to-arrange-usd-75-mn-to-purchase-locomotive-spare-parts\/","url_meta":{"origin":637646,"position":2},"title":"Gov\u2019t to arrange USD 75 mn to purchase locomotive spare parts","author":"enterpriseam admin","date":"6 November 2017","format":false,"excerpt":"The government is looking to arrange USD 75 mn to finance the purchase of locomotive spare parts for urgent maintenance work on the country\u2019s trains, Transport Minister Hisham Arafat tells Al Ahram. 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