Egypt’s auto sales decline 65.5% YoY in 8 months

Egypt’s auto sales decline 65.5% YoY in 8 months

Egypt’s auto sales decline 65.5% YoY in 8 monthsWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>ECONOMY>North Africa>Egypt’s auto sales decli...PHOTOEgypt’s auto sales fell 65.5% year on year (YoY) in the first eight months of 2023 to 51,167 vehicles from 148,461 vehicles, Al Mal News reported, citing the Automotive Market Information Council (AMIC).The Nissan brand topped the market in terms of sales with 7,800 vehicles, or a market share of 15.3%.Chevrolet came in second place with 6,500 vehicles, representing 12.7% of total sales, followed by Toyota with 4,800 vehicles and a market share of 9.5%.Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).MOST READ1.Sheikh Mohammed issues decree to form board for the Investment Corporation of Dubai 2.Morgan Stanley downgrades Egypt’s sovereign credit rating 3.Dubai’s DEWA signs 30-year deal with