Egypt’s auto sales climb 81.2% YoY in July

Updated 8/28/2024 7:25:00 AM
Egypt’s auto sales climb 81.2% YoY in July

Arab Finance: Automotive sales in Egypt surged by 81.2% year on year (YoY) in July to 11,400 vehicles, compared to 6,200 vehicles, Al Mal News reported, citing a report from the Automotive Market Information Council (AMIC).

Passenger car sales jumped by 97.6% in July, reaching 9,700 cars, versus 4,900 ones in the same month of 2023.

Similarly, sales of buses went up by 97.6% YoY to 643 units, while sales of trucks saw a 13.6% YoY increase to 1,014 units in July.

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