{"id":648424,"date":"2017-04-03T04:14:52","date_gmt":"2017-04-03T04:14:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/discounts-for-cars-in-place-until-mid-april-amid-continued-decline-in-sales\/"},"modified":"2017-04-03T04:14:52","modified_gmt":"2017-04-03T04:14:52","slug":"discounts-for-cars-in-place-until-mid-april-amid-continued-decline-in-sales","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/discounts-for-cars-in-place-until-mid-april-amid-continued-decline-in-sales\/","title":{"rendered":"Discounts for cars in place until mid-April amid continued decline in sales"},"content":{"rendered":"

Discounts on cars will remain in place until mid-April or until a quota of car sales is reached, Volkswagen marketing manager at the Egyptian Automotive Company Maha El Naggar tells Al Mal<\/a>. Distributors had announced a number of discounts<\/a> last month to combat the slump in the industry\u2019s sales which continues unabated. Industry sales fell 60% year-on-year during February, according to the latest report from the Automotive Information Council (AMIC), Al Borsa<\/a> reports. Passenger car sales alone were down 59% y-o-y, while buses recorded a drop of 59.4% in February 2017 compared to the same month last year. Sales of truck were down 69.5% y-o-y.<\/p>\n","protected":false},"excerpt":{"rendered":"

Discounts on cars will remain in place until mid-April or until a quota of car sales is reached, Volkswagen marketing manager at the Egyptian Automotive Company Maha El Naggar tells Al Mal. Distributors had announced a number of discounts last month to combat the slump in the industry\u2019s sales which continues unabated. Industry sales fell […]<\/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-648424","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"26181524-1ba5-43b9-8b7d-96f7ba198434","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648392],"teaser":"","voice_url":""},"yoast_head":"\nDiscounts for cars in place until mid-April amid continued decline in sales - 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\/04\/03\/discounts-for-cars-in-place-until-mid-april-amid-continued-decline-in-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Discounts for cars in place until mid-April amid continued decline in sales\" \/>\n<meta property=\"og:description\" content=\"Discounts on cars will remain in place until mid-April or until a quota of car sales is reached, Volkswagen marketing manager at the Egyptian Automotive Company Maha El Naggar tells Al Mal. 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