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In 2017, Chevrolet was the best-selling brand in Egypt, accounting for 22.3% of the automotive market. Chevrolet sold 21,468 cars, which was a 34.7% decrease in its sales compared to 2016 which saw the sales of 32,890 cars. [20] Nissan was ranked number two, with 15,847 sold vehicles in the first nine months of 2017.
However, its cars' relative lack of modern design (especially in terms of otherwise standard safety and comfort features), and the increased availability of low-to-mid range foreign brands in Egypt (such as Škoda) have increased the level of competition in Nasr's core market. Nasr ended the production of passenger vehicles in 2009. [1]
The Bavarian Auto Group (BAG) was an assembler and distributor of motor vehicles in Egypt.It was founded in 2003, by the Issa Al-Kawari, the financial manager of the Qatari royal family [1] (99%), and Egyptian investor Farid al-Tobgui (1%), who was appointed as BAG's CEO. [2]
GB Corp is an Egyptian manufacturer of automobiles, buses, trucks and motorcycles located in Cairo. [3] [4] The company was founded in 1960 by the brothers Kamal and Sadek Ghabbour because they realized that the automotive sector was a growing market. In its early days the company was named Ghabbour Brothers.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Today General Motors Egypt offer a diverse Chevrolet portfolio to their customers, including pick-up trucks, light duty trucks, passenger cars, passenger vans, and minibuses. All their brands are supported by a robust nationwide sales and service network to serve their customers and keep them at the center of everything they do.