{"id":676710,"date":"2025-12-04T00:00:00","date_gmt":"2025-12-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/04\/govt-raises-2026-passenger-car-import-ceiling-to-usd-2-5-bn\/"},"modified":"2025-12-04T00:00:00","modified_gmt":"2025-12-04T00:00:00","slug":"govt-raises-2026-passenger-car-import-ceiling-to-usd-2-5-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/04\/govt-raises-2026-passenger-car-import-ceiling-to-usd-2-5-bn\/","title":{"rendered":"Gov\u2019t raises 2026 passenger car import ceiling to USD 2.5 bn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Madbouly government has approved raising next year\u2019s passenger car<\/strong> <strong>import<\/strong><strong> ceiling for agents to USD 2.5 bn<\/strong>, up from USD 1.8 bn, with an additional 5-10% flex allowance, sources in the automotive sector told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Passenger car i<\/strong><strong>mports<\/strong><strong> are already on the up<\/strong>, climbing to USD 2.1 bn during the first eight months of the year, up 21.4% y-o-y, according to data from state statistics agency Capmas. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The higher quota reflects improved USD <\/strong><strong>liquidity<\/strong><strong> in the banking system<\/strong>, the sources told us, adding that this has given importers more room without clashing with the state\u2019s broader plan to localize automotive manufacturing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Starting 1 <\/strong><strong>January<\/strong><strong>, Chinese car imports will only be allowed through official agents and <\/strong><strong>accredited companies<\/strong>, the sources added. The framework will also require commitments on local component manufacturing and after-sales service, in line with compliance standards set by Chinese authorities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New requirements will go<\/strong><strong>vern EV imports as well<\/strong>, to be executed through formal agreements between Chinese manufacturers and their local agents, according to the sources. The Madbouly government aims to curb informal importing practices and push the market toward structured assembly and manufacturing, supported by a package of incentives for companies pursuing local production, the sources added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Higher ceiling reflects improved FX availability \u2014 and comes as new rules tighten control over Chinese and EV imports.<\/p>\n","protected":false},"author":1,"featured_media":676711,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7339],"tags":[144,72,2234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-enterpriseam","tag-foreign-exchange","wpautop","entry"],"acf":{"mongo_id":"2b917108-60a8-473b-8f8a-8ba3892c2c1e","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/279.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gov\u2019t raises 2026 passenger car import ceiling to USD 2.5 bn","related_issue":[676694],"teaser":"Higher ceiling reflects improved FX availability \u2014 and comes as new rules tighten control over Chinese and EV imports.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.c2fa12e1-70f6-4a04-b30f-4baf95037b6c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Egypt\u2019s trade deficit dropped 37.1% year-on-year in January to USD 2.34 bn compared to USD 3.72 bn in the same month last year, according to the latest statistics from CAPMAS. Exports rose 27.1% y-o-y to USD 1.82 bn, led by rising crude oil and\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":645091,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/passenger-car-imports-drop-53-4-y-o-y-during-1q17\/","url_meta":{"origin":676710,"position":2},"title":"Passenger car imports drop 53.4% y-o-y during 1Q17","author":"enterpriseam admin","date":"11 July 2017","format":false,"excerpt":"In case you needed any more evidence the auto market is in a rut, passenger car imports declined 53.4% year-on-year in spending terms to USD 329.2 mn in 1Q2017, down from USD 707.8 mn during the same period last year, according to CAPMAS statistics picked up by Al Mal. Imports\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","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":550163,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/17\/expat-car-import-scheme-could-raise-egp-50-bn-worth-of-fx-maait\/","url_meta":{"origin":676710,"position":3},"title":"Expat car import scheme could raise EGP 50 bn worth of FX -Maait","author":"enterpriseam admin","date":"17 October 2022","format":false,"excerpt":"A scheme to allow expat Egyptians to import cars into Egypt and draw back customs and other fees at a later date could raise USD 2.5 bn in FX: Expats could send some EGP 50 bn (c. USD 2.5 bn) into Egypt under a cabinet program that will allow Egyptians\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/242.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595689,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/oil-imports-could-drop-21-8-y-o-y-in-fy2019-2020-govt-sources\/","url_meta":{"origin":676710,"position":4},"title":"Oil imports could drop 21.8% y-o-y in FY2019-2020 -gov\u2019t sources","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"Egypt\u2019s imports of crude oil and petroleum products could fall 21.8% to 22.2 mn tonnes in FY2019-2020, down from 28.4 mn tonnes last year, senior government officials said. This would reduce import costs to USD 13.1 bn, from USD 16.1 bn in FY2018-2019. Egypt\u2019s ongoing natural gas boom is helping\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579369,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/05\/current-account-deficit-narrows-20-in-1q-2022-23\/","url_meta":{"origin":676710,"position":5},"title":"Current account deficit narrows 20% in 1Q 2022-23","author":"enterpriseam admin","date":"5 February 2023","format":false,"excerpt":"Higher FDI, exports and tourism revenues are easing balance of payments pressures.","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/68.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676710","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=676710"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676710\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/676694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/676711"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=676710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=676710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=676710"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=676710"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=676710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}