{"id":652047,"date":"2017-02-27T04:19:45","date_gmt":"2017-02-27T04:19:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/automech-formula-postponed-to-september-due-to-industry-slump\/"},"modified":"2017-02-27T04:19:45","modified_gmt":"2017-02-27T04:19:45","slug":"automech-formula-postponed-to-september-due-to-industry-slump","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/automech-formula-postponed-to-september-due-to-industry-slump\/","title":{"rendered":"Automech Formula postponed to September due to industry slump"},"content":{"rendered":"

The organizers of the 2017 Automech Formula decided to postpone the car expo from March to September, after it saw limited interest in participation from local industry players, who backed out due to an industry slump, Al Borsa reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The organizers of the 2017 Automech Formula decided to postpone the car expo from March to September, after it saw limited interest in participation from local industry players, who backed out due to an industry slump, Al Borsa reports.<\/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-652047","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6b107ad1-ef65-4c47-8fe8-b59d17dbf751","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652005],"teaser":"","voice_url":""},"yoast_head":"\nAutomech Formula postponed to September due to industry slump - 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Passenger car sales dropped 25% to 9,600 cars, while bus\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":648038,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/interest-rates-hike-will-exacerbate-slump-in-the-automotive-market-naggar\/","url_meta":{"origin":652047,"position":3},"title":"Interest rates hike will exacerbate slump in the automotive market -Naggar","author":"enterpriseam admin","date":"25 May 2017","format":false,"excerpt":"The CBE\u2019s decision to hike interest rates by 200 bps will see the auto market contract by a further 50%, Egyptian Automotive and Trading Company Executive director Karim Naggar tells Al Mal. 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