Egypt attracts $145mln investments in automotive sector
Three international automotive companies are planning to invest up to $145 million in Egypt over the next three…
Browsing Tag
auto industry
Toyota remains world’s top selling automaker for 3rd year in row
Japan-based Toyota Motor Corporation (TMC) announced its sales on Monday that reached 10.5 million vehicles in…
India’s Zoomcar lunches green programme to promote eco-friendly car usage
India’s largest car-sharing marketplace covering emerging markets and dominating the self-driving car market,…
BMW agent in Egypt plans to invest 1 billion Egyptian pounds
The BMW group announced investments of more than $100 million to develop its services and enhance its presence in…
BMW names Global Auto as new agent in Egypt
German carmaker BMW has named Global Auto Group as its new importer and agent in Egypt.
Egypt signs 2 protocols to localize, develop auto industry
Two cooperation protocols between the Engineering Automotive Manufacturing Co. (EAMCO) and El Nasr Automotive…
Auto industry strategy to be issued next October: Nassar
The Minister of Industry And Trade announced that his ministry seeks to finish drafting a strategy for auto…
Fiat and Volkswagen explore investment opportunities in Egypt’s auto industry
The Italian Fiat and German Volkswagen automakers are considering investing in the auto industry field in Egypt,…
Tesla crash raises concerns about autonomous vehicle regulation
The fatal crash of a Tesla Motors Inc Model S in Autopilot mode has turned up pressure on auto industry executives…
Uber attempting to buy self-driving cars: source
Ride-hailing service Uber has sounded out car companies about placing a large order for self-driving cars, an auto…