Sales of automotive market rise 53.8% in October

CAIRO - 4 December 2018: Sales of automotive market hiked 53.8 percent during October 2018, compared to the same month of 2017, according to the monthly bulletin of the Automotive Market Information Council (AMIC).

AMIC said that sales of locally assembled cars jumped 18.5 percent during the first 10 months of 2018, compared to the same months of 2017.

It added that sales of exported cars rose 62.3 percent during the 10 months of 2018 on a year-on-year basis.

In September, sales of automotive market hiked 52.1 percent on YoY basis, selling 18,804 units, compared to 12,361 units in September 2017.

Sales of locally assembled cars marked an increase of 25.8 percent during the first seven months of 2018, reaching 48,219 vehicles, compared to 38,335 vehicles the same months of 2017.

Meanwhile, exported cars recorded an increase in their sales by 53.1 percent, selling 48,162 units up from 31,450 units in the same months of 2017.

Sales of automotive market rise 52% in September

CAIRO - 7 November 2018: Sales of automotive market hiked 52.1 percent during September 2018, recording 18,804 units, compared to 12,361 units in the same month of 2017. The Automotive Market Information Council (AMIC) said that sales of cars rose 52 percent, selling 14,608 cars, compared to 9,615 cars in September 2017.