Sandoz Egypt introduces OMNITROPE 15mg biosimilar growth hormone for the treatment of short stature    Egypt After 2025: Navigating a Critical Inflection Point    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's Environment Minister attends AMCEN conference in Nairobi    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    EU–US trade talks enter 'decisive phase', German politician says    Sri Lanka's expat remittances up in June '25    Egypt's Health Min. discusses drug localisation with Sandoz    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    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    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    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    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    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.



DC Auto targets sale of 500 vehicles by end-2018: chairperson
Company to distribute 3 European brands starting June
Published in Daily News Egypt on 15 - 05 - 2018

Ahmed Arafa, the former head of the Audi sector at the Egyptian Automotive & Trading Co (EATC), has had a long story with the German luxurious brand in Egypt, spanning nearly 20 years. Throughout that period, he managed to boost the carmaker's sales from 14 to 1,200 units, growing beyond all expected results.
Recently, Arafa decided to end his contract with the EATC to embark on a new venture, establishing DC Auto in Maadi, in partnership with one of his relatives and others.
DC Auto has become a distributor of all brands and the sole Audi distributor in Egypt, along with Audi Cairo Maadi. It also distributes motorcycles and dune buggies, as well as regular and electric golf carts, and small electric cars.
Despite the diversity, Arafa told Daily News Egypt that Audi will remain his favourite brand.
Unfortunately, he said, the opening of DC Auto occurred amid several challenges hitting the market, starting with the floating of the national currency and not cutting customs tariffs on imported European cars as expected, which led to sales falling in the sector by 50-60%.
Arafa noted that he is convinced that those who can succeed in very challenging conditions, like those of the Egyptian market last year, will succeed at any other time.
He predicted DC Auto's sales by the end of 2018 to reach 500 units of all brands. "Indicators already show that the company is compensating for its 2018 losses," he added.
Arafa dreams of turning DC Auto into an exclusive dealership for a certain brand, though he said that cannot be realised before 2020.The matter is being studied with a European car company now. Some Chinese companies have offered a similar deal but were rejected.
He announced that the company is in the process of reaching the approved distribution of three European models in June. The company will also expand its main showroom in Maadi and begin establishing an integrated service centre for Volkswagen and Audi by the end of 2019.
Arafa said that the company's focus is now on client satisfaction, as DC Auto continuously follows up with clients after purchases to help them navigate through service centres and certified maintenance providers, along with providing free two-year maintenance offers.
He added that auto assembly in Egypt is at a good stage, "but we have to move to manufacturing all the car parts, assembling the small pieces, and follow the example of Morocco and Turkey," he said.
Moreover, he expressed hopes for the local market to reach 500,000 units per year to be able to attract more investments.


Clic here to read the story from its source.