Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Egypt greenlights new public free zones to drive export growth    PM Madbouly reviews progress of 1.5 Million Feddan Project    PM Madbouly reviews progress on electricity supply for New Delta agricultural development projects    Australia to recognise Palestinian state in September, New Zealand to decide    Trump orders homeless out of DC, deploys federal agents and prepares National Guard    Egypt, Côte d'Ivoire hold political talks, sign visa deal in Cairo    Egypt's TMG H1 profit jumps as sales hit record EGP 211bn    Egyptian pound stable vs. USD at Monday's close    Egypt, Germany FMs discuss Gaza escalation, humanitarian crisis    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt, Huawei discuss expanding AI, digital healthcare collaboration    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Chinese are here to stay
Published in Al-Ahram Weekly on 11 - 10 - 2012

SPERANZA�ê�, �ê�Tiggo�ê�, �ê�Cherry�ê�, �ê�Geely and Brilliance are only few names of Chinese cars that are currently spreading in the Egyptian market�ê�. �ê�
After years of considering Chinese cars as being of low quality there is a change in the culture of the Egyptian consumer�ê�; �ê�they�ê� �ê�are accepting Chinese brands�ê�, �ê�noted Ahmed Abdel-Ghani�ê�, �ê�an auto market analyst in a leading investment bank�ê�. �ê�
In fact�ê�, �ê�Chinese manufacturers are improving their quality and have introduced several brands with very good specifications while attractively priced�ê�. �ê�Thus the perception that Chinese products sacrifice quality for their competitive price is fading�ê�. �ê�
Chinese cars are the next big wave in the market�ê�, �ê�according to Mustafa�ê�. �ê�"These are cycles that started with German cars leading the market until the less expensive Japanese made their debut in Egypt�ê�.�ê�"�ê� �ê�
"The golden days of Korean cars came when their Japanese competitors raised their prices�ê�. �ê�We now have Korean cars exceeding the LE130,000�ê� �ê�threshold while Chinese cars are entering the market slowly but steadily�ê�.�ê�"
The attractive price of Chinese cars encouraged GB Auto�ê�, �ê�the distributor of Hyundai�ê�, �ê�Mazda and Volvo in Egypt�ê�, �ê�to include a Chinese car in its product mix�ê�. �ê�
"We are including Jeely in our sales mix to cater for the change in culture�ê�, �ê�now people started to accept it�ê�, �ê�especially that it�ê� �ê�is low priced�ê�,�ê�"�ê� �ê�noted GB Auto's Sadek.�ê�
Made in China cars have been spreading in the spreading in the world market in recent years as China emerges as a car producer .
Moreover a number of Chinese companies now have assembly lines in Egypt. The first of which Brilliance Auto which established its assembly line in cooperation with Bavarian Auto in Egypt in March, 2006.
Focusing on expanding the international market, Brilliance Auto also debuted its SPLENDOR car in Egypt on 2007.
According Xinhua news agency Chery Automobile., another leading car producer and exporter in China, also has its own factory in Egypt with an annual product capability of 25,000 units, which can be increased to 50,000 if necessary.
According to statistics, about 20 Chinese auto companies have sold their vehicles in the Egyptian market since 2003 with an annual sales volume of 3,000 to 4,000 units.


Clic here to read the story from its source.