Automotive sales in Egypt surged by 15.8% year on year (YoY) in the first eight months of 2024 to 59,300 vehicles, compared to 51,100 vehicles.

Automotive sales in Egypt rose by around 18.4% year on year (YoY) in the first four months of 2024 to nearly 23,500 vehicles, compared to over 23,100 vehicles.

The Egyptian automotive industry has been facing challenges, including plummeting sales, fluctuating prices, and evolving customer preferences. These challenges have put the market in a state of flux. Yet, cautious optimism surrounds the automotive market’s future growth trajectory as the exchange rate stabilizes.

Egypt’s automotive sales slipped by 1.2% year on year (YoY) in the first quarter (Q1) of 2024 to nearly 17,800 vehicles, compared to over 18,000 vehicles.

Egypt’s automotive sales rose by 16.6% year on year (YoY) in January to 6,273 vehicles, versus 5,379 vehicles.

Egypt’s automotive sales rose 24.4% year on year (YoY) in November 2023 to 7,986 vehicles, according to a report from the Automotive Market Information Council (AMIC).

Egypt’s auto sales dropped 65% year on year (YoY) in October 2023 to 6,077 vehicles from 19,300 vehicles.

Egypt’s auto sales grew 15% year on year (YoY) in September 2023 to 7,887 vehicles from 6,835 vehicles.

Egypt’s auto sales fell 65.5% year on year (YoY) in the first eight months of 2023 to 51,167 vehicles from 148,461 vehicles.

Auto sales in Egypt declined in June by 64% year on year, according to data released by Automotive Marketing Information Council (AMIC).

Egypt’s sales of passenger cars fell by 76% year on year (YoY) in March to 4,638 vehicles, compared to 18,943, according to the Automotive Market Information Council (AMIC).

Auto sales in Egypt declined 76.3% year on year (YoY) to 6,076 vehicles in February, compared to 25,602 in the same month of 2022, Al Mal News reported on March 30th, citing data by the Automotive Information Council (AMIC).