Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    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    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    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.



GB Auto tops Chinese car sales with 97.3% of the market
Published in Daily News Egypt on 16 - 08 - 2016

GB Auto topped the list of bestselling Chinese cars in the Egyptian market with 97.3% of the total Chinese-manufactured auto market. The competition over the market share was between Geely and Chery.
The two brands, Geely and Chery, made sales of 4,875 units over the first half (H1) of 2016, out of a total of 5,011 Chinese cars sold in the same period. Geely Emgrand 7 was able to recover and seize the throne of bestselling Chinese car in the Egyptian market over Chery Tiggo. The former sold 1,790 units worth EGP 185m, while the latter made EGP 278m from selling 1,781 cars.
Chery Envy ranked third selling 1,297 cars in the first six months of 2016 worth EGP 130m. Brilliance V5 followed with 124 cars sold worth EGP 19m. Geely Pandino ranked fifth registering four cars sold with sales of EGP 339,000.
In a previous report collecting data of sales between January and May, Chery Tiggo topped the list of bestselling Chinese cars in the Egyptian market over Geely Emgrand 7, which had previously occupied the top spot for 16 months. Tiggo registered sales of 1,563 cars at a value of EGP 243m, during the period between January and May. Chery models were released into the market through its agent Ghabbour Auto in March.
Geely Emgrand 7 ranked second and registered sales of 1,482 cars in five months worth EGP 152m.
Chery Envy occupied third place selling 1,044 cars in the first five months of 2016 worth EGP 104m. Brilliance V5 sold 57 cars worth EGP 8.9m.


Clic here to read the story from its source.