Egyptian pound firms slightly against dollar in early Sunday trade    Egypt, Norway's Scatec explore deeper cooperation in renewable energy    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt's EDA, Korean pharma firms explore investment opportunities    CBE, banks to launch card tokenization on Android mobile apps    CIB completes EGP 2.3bn securitization for GlobalCorp in seventh issuance    Ex-IDF chief says Gaza war casualties exceed 200,000, legal advice 'never a constraint'    Right-wing figures blame 'the Left' for Kirk killing, some urge ban on Democratic Party    Egypt's FM heads to Doha for talks on Israel escalation    Egypt strengthens inter-ministerial cooperation to upgrade healthcare sector    Egyptian government charts new policies to advance human development    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt expresses condolences to Sudan after deadly Darfur landslides    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    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.



Chevrolet, Hyundai lead automotive market sales
Published in Daily News Egypt on 28 - 04 - 2015

Chevrolet and Hyundai lead the sales of cars sales since the beginning of 2015, with Chevrolet sales reaching 16,777 cars, and Hyundai recording 11,680 cars sold, the Automotive Marketing Information Council (AMIC) revealed in its latest report.
The sales for the two brands have risen compared to the corresponding period in 2014, the report highlighted. It added that both brands are dominating the market share so far, with 23.2% for Chevrolet and 16.2% for Hyundai.
The top sales list also included Toyota, which came in third, and Nissan, which placed fourth. The list also included Suzuki, Kia, Mitsubishi, Renault, Skoda, Spreranza and Geely, which is produced by Ghabbour Auto.
The report also noted that sales of South Korean cars witnessed the biggest increase, rising by 29%, comparing the Year to Date (YTD) of 2014 and 2015. Sales of American cars and European cars also increased by 24.5% and 22.2% respectively.
Sales of Asian and Chinese cars dropped, however, to 31.6% and 36.6%, respectively.
Between January 2015 and the end of March 2015, the total automotive market sales volume reached 72,193 vehicles, an 14.9% surge compared to the same period in the previous year.
"The passenger cars had a volume of almost 14% in units, when comparing YTD 2015 to YTD 2014," the report said. "The buses segment has a volume increase of 23% and trucks segment has a volume increase of 14."
In March 2015, the total automotive market sales volume reached 25,491 vehicles, increasing by 11% compared to the same month in the preceding year.
The number of passenger cars sold reached 17,228, compared to 16,076 cars last year, surging by 7%. The number of buses increased to 3,021, compared to 2,346 the year before. The number of trucks in the market also increased by 721, around 16%, rising from 4,521 in March 2014 to 5,242 in March 2015.


Clic here to read the story from its source.