Car sales in May 2017 fell by 45% compared to the same month of 2016. The report showed that the demand for passenger cars fell by 48%, recording 7,100 vehicles, compared with 13,600 in May 2016. Bus sales fell 45.4% to 1,022 in May, recording 1,873 in the corresponding month in 2016. Lorry sales fell by 36.1%, selling 2,143 lorries versus 3,356 lorries in 2016. Sales of imported passenger cars also fell 48.1%, selling 18,033 vehicles, compared to 34,739 vehicles the previous year.

Source: Daily News Egypt July 11, 2017 06:22 UTC