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Reading: Verna maintains Korean lead with EGP 1.81bn
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Dailynewsegypt > Blog > Business > Automotive > Verna maintains Korean lead with EGP 1.81bn
AutomotiveBusiness

Verna maintains Korean lead with EGP 1.81bn

Ahmed Amer
Last updated: 2016/01/25 at 4:21 PM
By Ahmed Amer 1 Min Read
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The Hyundai Verna was the most sold car in Egypt in January and February after achieving sales of EGP 338m. More than 4,000 cars were sold. (Photo from Hyundai Egypt)
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The Korean personal car market achieved sales of about EGP 7.9bn during the first 11 months of 2015.

Korean manufacturers sold 53,700 cars, acquiring about 30% of the total personal car market in Egypt.

The Hyundai Verna topped the bestseller list, at EGP 1.8bn, with more than 19,900 cars. The Verna is considered the cheapest Korean car in Egypt.

The Hyundai IX35 achieved sales estimated at about EGP 1.53bn during the same period, occupying second place with the sale of 6,377 cars, while the Hyundai Elantra ranked third by selling 6,318 cars for EGP 1.04bn.

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TAGGED: Car, Korean, Verna
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Suez Cement invests millions of dollars in environmental sustainability efforts
Suez Cement invests millions of dollars in environmental sustainability efforts
Business
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
Tourism
FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
Business
New MoU signed to develop SMEs in industrial zone in East Port Said
New MoU signed to develop SMEs in industrial zone in East Port Said
Business
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