{"id":648995,"date":"2017-04-19T03:59:48","date_gmt":"2017-04-19T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/"},"modified":"2017-04-19T03:59:48","modified_gmt":"2017-04-19T03:59:48","slug":"more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/","title":{"rendered":"More signs of an ailing auto industry: Job, production cuts, rise of counterfeit spare parts"},"content":{"rendered":"

<\/a> Layoffs, assembly slowdown in auto industry? <\/strong>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<\/a> that the job cuts have been primarily targeting sales managers and other mid-level positions, pointing to what he said is a 70% drop car sales. This comes as assemblers are reporting planning to slow assembly line operations, according to sources in the industry. Spare part sales have also been significantly hit, falling 60% this year on the back of a 10% increase in prices, said the deputy head of the Spare Parts Division of the Cairo Chambers of Commerce Shalaby Ghaleb. The move is leading to a proliferation of counterfeit parts, he tells the newspaper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Layoffs, assembly slowdown in auto industry? 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 sales managers and other mid-level […]<\/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-648995","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"75967646-d103-4148-9d8c-e7e9d50e4593","order":"0","is_powered_by":true,"section_story_id":"f281e5d1-d519-4bc7-829c-9b0b0b441931","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648981],"teaser":"","voice_url":""},"yoast_head":"\nMore signs of an ailing auto industry: Job, production cuts, rise of counterfeit spare parts - 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\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More signs of an ailing auto industry: Job, production cuts, rise of counterfeit spare parts\" \/>\n<meta property=\"og:description\" content=\"Layoffs, assembly slowdown in auto industry? 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 sales managers and other mid-level […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-19T03:59:48+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More signs of an ailing auto industry: Job, production cuts, rise of counterfeit spare parts\",\"datePublished\":\"2017-04-19T03:59:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\"},\"wordCount\":149,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/more-signs-of-an-ailing-auto-industry-job-production-cuts-rise-of-counterfeit-spare-parts\/\",\"name\":\"More signs of an ailing auto industry: Job, production cuts, rise of counterfeit spare parts - 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Egypt\u2019s trade liberalization agreement with Mercosur countries \u2014 which lifts customs on car parts by up to 60% \u2014 coupled with the lack of a government strategy to develop the auto sector will \u201cdestroy\u201d Egypt\u2019s chance at developing an\u2026","rel":"","context":"In "Speed Round"","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":571324,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/uber-cuts-40-of-egypt-staff-amid-global-job-cutback\/","url_meta":{"origin":648995,"position":2},"title":"Uber cuts 40% of Egypt staff amid global job cutback","author":"enterpriseam admin","date":"7 May 2020","format":false,"excerpt":"Uber cuts 40% of Egypt staff as it slashes its global workforce: Uber has laid off 40% of its Egypt-based desk staff as part of wider cuts announced yesterday, two former employees and one current staff member said, according to Reuters. The company had employed between 650 and 700 people,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/76.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628680,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/car-industry-research-firm-focus2move-questions-auto-rebound-in-egypt\/","url_meta":{"origin":648995,"position":3},"title":"Car industry research firm Focus2Move questions auto rebound in Egypt","author":"enterpriseam admin","date":"10 May 2018","format":false,"excerpt":"Car industry research firm Focus2Move questions auto rebound in Egypt: Sales of passenger cars and other light vehicles in Egypt are supposedly down 6.7% y-o-y in 1Q2018, according to international car industry research firm Focus2Move. 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The German auto manufacturer\u2019s strong sales performance in Egypt was mirrored in its global performance, with global sales\u2026","rel":"","context":"In "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648995","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=648995"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648995\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648981"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648995"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648995"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}