Car Dealers Association
These car companies are awaiting the issuance of the car manufacturing strategy by the Parliament, Head of the Car Dealers Association said.
If the custom U.S. dollar exchange rate is fixed at LE 16.25 per $1 for three months, car sales will improve, car dealer Amr Balba’ said.
Rising fuel prices affected the car market negatively, resulting in an expected 40 percent decline in sales.
