Arab Finance: Egypt’s automotive sales rose 24.4% year on year (YoY) in November 2023 to 7,986 vehicles, Asharq Business reported, citing a report from the Automotive Market Information Council (AMIC).
Passenger cars sales fell by 54.8% during the first 11 months of 2023, hitting 79,944 vehicles.
Sales of buses and trucks also plunged during the January-November period by 52% and 65%, respectively.