CAIRO - 6 February 2024: Egypt's automotive industry sales increased by almost 32% during December 2023, according to a recent report published by the Automotive Marketing Information Council (AMIC). AMIC's report revealed that the overall car sales in Egypt experienced a significant decline of approximately 48 percent in 2023. The total number of cars sold during the year amounted to 69,175, a considerable drop from the 133,857 units sold in 2022. The total number of transportation vehicles sold during the month stood at 1,255, compared to 1,027 units sold in December 2022. Bus sales decreased to 788 units in December 2023, marking a 42 percent decrease from the 1,355 units sold in December 2022.

Source: Egypt Today February 06, 2024 17:01 UTC