{"id":641408,"date":"2017-09-20T04:10:50","date_gmt":"2017-09-20T04:10:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/"},"modified":"2017-09-20T04:10:50","modified_gmt":"2017-09-20T04:10:50","slug":"used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/","title":{"rendered":"Used car market sees modest movement but dealers say not a recovery"},"content":{"rendered":"<p>Used car dealers said sales in their segment have seen a modest recovery over the summer, <a href=\"http:\/\/www.almalnews.com\/Story\/346510\/18\/%D8%AA%D8%AC%D8%A7%D8%B1-%D8%A7%D9%86%D8%AA%D8%B9%D8%A7%D8%B4-%D8%AC%D8%B2%D8%A6%D9%8A-%D9%81%D9%8A-%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-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B9%D9%85%D9%84%D8%A9\">according to Al Mal<\/a>. The traders added that they think the rise comes from stabilizing prices and a seasonal rise in the summer. Dealers, however, doubt that the good times will continue, as inventory of cheaper cars clears out and the seasonal boost evaporates. We have been noting on the upswing in the second hand car market of late, with<a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/14\/nbe-considering-funding-used-cars-purchasing\/\">the National Bank of Egypt betting that the used car market<\/a> would be seen as a feasible alternative to imported or assembled cars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Used car dealers said sales in their segment have seen a modest recovery over the summer, according to Al Mal. The traders added that they think the rise comes from stabilizing prices and a seasonal rise in the summer. Dealers, however, doubt that the good times will continue, as inventory of cheaper cars clears out [&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-641408","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0163edb8-146b-4fcd-8636-dd216ae6c854","order":"0","is_powered_by":false,"section_story_id":"3bfbc64f-3595-42f1-ba25-bd8b36459696","story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Used car market sees modest movement but dealers say not a recovery","related_issue":[641378],"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>Used car market sees modest movement but dealers say not a recovery - 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\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Used car market sees modest movement but dealers say not a recovery\" \/>\n<meta property=\"og:description\" content=\"Used car dealers said sales in their segment have seen a modest recovery over the summer, according to Al Mal. The traders added that they think the rise comes from stabilizing prices and a seasonal rise in the summer. Dealers, however, doubt that the good times will continue, as inventory of cheaper cars clears out [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-20T04:10:50+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\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Used car market sees modest movement but dealers say not a recovery\",\"datePublished\":\"2017-09-20T04:10:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\",\"name\":\"Used car market sees modest movement but dealers say not a recovery - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-09-20T04:10:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Used car market sees modest movement but dealers say not a recovery\"}]},{\"@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":"Used car market sees modest movement but dealers say not a recovery - 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\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/","og_locale":"en_US","og_type":"article","og_title":"Used car market sees modest movement but dealers say not a recovery","og_description":"Used car dealers said sales in their segment have seen a modest recovery over the summer, according to Al Mal. The traders added that they think the rise comes from stabilizing prices and a seasonal rise in the summer. Dealers, however, doubt that the good times will continue, as inventory of cheaper cars clears out [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-09-20T04:10:50+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Used car market sees modest movement but dealers say not a recovery","datePublished":"2017-09-20T04:10:50+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/"},"wordCount":110,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Automotive + Transportation","EnterpriseAM"],"articleSection":["Automotive + Transportation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/","name":"Used car market sees modest movement but dealers say not a recovery - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-09-20T04:10:50+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/used-car-market-sees-modest-movement-but-dealers-say-not-a-recovery\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Used car market sees modest movement but dealers say not a recovery"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":622443,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/01\/car-sales-rise-12-y-o-y-in-august-amid-market-recovery\/","url_meta":{"origin":641408,"position":0},"title":"Car sales rise 12% y-o-y in August amid market recovery","author":"enterpriseam admin","date":"1 October 2018","format":false,"excerpt":"Egypt\u2019s passenger car sales rose 12% y-o-y in August as the market continued to recover, but fell 8% m-o-m \u201clikely due to seasonal impact,\u201d according to figures from the Automotive Information Council (AMIC). GB Auto\u2019s total car sales went down by 5% to 3,740 units while its market share fell\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":657909,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/29\/govt-imposes-new-personal-car-import-rules-to-curb-usd-outflows-car-dealers-to-import-usd-1-8-bn-worth-of-cars-next-year\/","url_meta":{"origin":641408,"position":1},"title":"Gov\u2019t imposes new personal car import rules to curb USD outflows + Car dealers to import USD 1.8 bn worth of cars next year","author":"enterpriseam admin","date":"29 December 2024","format":false,"excerpt":"The Investment Ministry now limits personal car imports to one every five years to save USD and boost auto localization","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\/12\/2410.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628411,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/automotive-sales-rebound-in-1q2018\/","url_meta":{"origin":641408,"position":2},"title":"Automotive sales rebound in 1Q2018","author":"enterpriseam admin","date":"3 May 2018","format":false,"excerpt":"Automotive sales rebound in 1Q2018: Total vehicle sales (including passenger cars and commercial vehicles) jumped 32.3% y-o-y in 1Q2018, with around 35,100 units sold, according to figures from the Automotive Information Council (AMIC). Passenger car sales grew 24% during the quarter. Sales of imported cars were up more than 21%,\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":646085,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/egypt-drops-seven-spots-to-40-on-focus2moves-annual-car-market-rankings-2016\/","url_meta":{"origin":641408,"position":3},"title":"Egypt drops seven spots to 40 on Focus2Moves annual car market rankings 2016","author":"enterpriseam admin","date":"5 June 2017","format":false,"excerpt":"Egypt dropped seven spots to number 40 on car market intelligence firm Focus2Moves\u2019 2016 ranking of global car markets by sales. The drop came as Egypt\u2019s sales fell 20.8% year-on-year to 217,425 cars in 2016, from 274,389 in 2015. Egypt\u2019s market share of global auto sales also fell to 0.2%\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":628315,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/auto-sales-rise-for-the-second-month-in-a-row-in-may\/","url_meta":{"origin":641408,"position":4},"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":599606,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/local-car-dealers-call-for-consumer-protection-authority-intervention\/","url_meta":{"origin":641408,"position":5},"title":"Local car dealers call for Consumer Protection Authority intervention","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"Egypt\u2019s Car Dealers Association (CDA) has called on the Consumer Protection Authority (CPA) to take the necessary action to prevent European auto dealerships from monopolizing the industry, according to Al Mal. The call comes two days after customs duties on fully assembled EU cars fell to 0%. The CDA said\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=641408"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641408\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641378"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641408"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641408"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}