{"id":649689,"date":"2017-03-06T04:57:56","date_gmt":"2017-03-06T04:57:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/06\/auto-sales-decline-39-y-o-y-in-january\/"},"modified":"2017-03-06T04:57:56","modified_gmt":"2017-03-06T04:57:56","slug":"auto-sales-decline-39-y-o-y-in-january","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/06\/auto-sales-decline-39-y-o-y-in-january\/","title":{"rendered":"Auto sales decline 39% y-o-y in January"},"content":{"rendered":"

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<\/a> 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 the declining sales to the sharp increase in auto prices during the past three months, which have discouraged purchases. Saad says the downward trend likely persisted in February, and expects sales to pick up in March on the back of price reductions auto companies are beginning to introduce<\/a> in a bid to speed up sales of stockpiled vehicles.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 the declining sales to the […]<\/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-649689","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e231ea9e-78f4-4750-ba21-cd8d4214fd00","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649650],"teaser":"","voice_url":""},"yoast_head":"\nAuto sales decline 39% y-o-y in January - 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\/03\/06\/auto-sales-decline-39-y-o-y-in-january\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto sales decline 39% y-o-y in January\" \/>\n<meta property=\"og:description\" content=\"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. 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Passenger car sales grew 38.3% y-o-y in 5M2018, which saw Chevrolet capturing a 24.2% market share, followed by Hyundai\u2026","rel":"","context":"In "Automotive + Transportation"","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":593730,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/egypts-car-sales-drop-6-5-y-o-y-in-8m2019\/","url_meta":{"origin":649689,"position":2},"title":"Egypt\u2019s car sales drop 6.5% y-o-y in 8M2019","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"Total car sales in Egypt dropped 6.5% y-o-y in the first eight months of 2019 to 104,717 vehicles, according to figures from the Automotive Information Council (AMIC) cited by Masrawy. 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