Increased car prices boost sales volume of Chinese cars - Daily News Egypt - News Summed Up

Increased car prices boost sales volume of Chinese cars - Daily News Egypt


The Automotive Marketing Information Council’s (AMIC) monthly report showed that by November 2016, Chinese cars recorded sales worth EGP 1.8bn, equivalent to12,000 cars, between January and November. Masrouga told Daily News Egypt that consumers who used to buy cars of medium-classnow tend to buy less expensive cars, which are representedin Chinese cars. Chinese brands Geely and Cheryrecorded sales of about 11,500 units out of 11,900 units of total Chinese market sales over 11 months in 2016. Brilliance S30 came in fifth placewith six cars worth EGP 588,000. Chery increased its Envy model by EGP 5,500 to reach EGP 153,500 and increased its Tiggo model by EGP 10,000 to register EGP 222,000.


Source: Daily News Egypt January 17, 2017 08:47 UTC



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