{"id":649908,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/"},"modified":"2017-03-12T04:13:43","modified_gmt":"2017-03-12T04:13:43","slug":"auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/","title":{"rendered":"Auto companies to reimburse distributors for losses incurred during promotional wave"},"content":{"rendered":"

Some auto companies will be reimbursing their distributors for losses incurred after a recent wave of promotions that saw prices slashed by as much as EGP 55k for some brands, Al Mal reports<\/a>. The amounts will be determined based on an average price calculation and paid in quarterly installments to distributors who paid a higher purchasing than selling price for their stocks. Auto distributors who refused to receive<\/a> their monthly car stocks from agents will not be eligible for reimbursement, one distributor tells the newspaper. GB Auto. Nissan Egypt, and Kia Motors were among those to discount their prices in late February and early March.<\/p>\n","protected":false},"excerpt":{"rendered":"

Some auto companies will be reimbursing their distributors for losses incurred after a recent wave of promotions that saw prices slashed by as much as EGP 55k for some brands, Al Mal reports. The amounts will be determined based on an average price calculation and paid in quarterly installments to distributors who paid a higher […]<\/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-649908","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6df8a8d6-c3c7-450e-a9cf-f8a8fa5f7ece","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649861],"teaser":"","voice_url":""},"yoast_head":"\nAuto companies to reimburse distributors for losses incurred during promotional wave - 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\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto companies to reimburse distributors for losses incurred during promotional wave\" \/>\n<meta property=\"og:description\" content=\"Some auto companies will be reimbursing their distributors for losses incurred after a recent wave of promotions that saw prices slashed by as much as EGP 55k for some brands, Al Mal reports. The amounts will be determined based on an average price calculation and paid in quarterly installments to distributors who paid a higher […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-12T04:13:43+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\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Auto companies to reimburse distributors for losses incurred during promotional wave\",\"datePublished\":\"2017-03-12T04:13:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\"},\"wordCount\":116,\"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\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\",\"name\":\"Auto companies to reimburse distributors for losses incurred during promotional wave - 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