Latest in Tag: Ghabbour Auto Highlight
Latest in Tag: Ghabbour Auto
These figures reflect the resilient consumer demand and improved pricing strategies across GB’s business lines.
Company anticipates reEGPase of Drive mobiEGP application in H2 2021
Company considering selling minority stakes in NBFI companies to strategic investors
Drive, Ghabbour Auto’s (GB Auto) consumer finance and factoring subsidiary, has completed its second securitised bond offering, amounting to EGP 892m.
We launched cars without airbags to meet all customers’ needs, says GB Auto
This entails the following updates on prices: the first category M/T Baseline is now priced at EGP 172,000 instead of EGP 169 000; the second category A/T Baseline is EGP 192,000 instead of EGP 189,000; and the third category A/T Highline is EGP 206,000 instead of EGP 203,000.
Company’s March market share declines to 17.2%, passenger car sales rose 16.5% y-o-y, but decline 10.4%
Wide range of Hyundai models to meet aspirations of entire family in terms of strength, safety, technology
Production capacity of factory reaches 50,000 units per year
Hyundai, through its dealership Ghabbour Auto (GB Auto), has launched a special opportunity for anyone wanting to test drive a Hyundai sedan to enter a big draw to win the grand prize: a trip to Russia to watch a World Cup match and visit Moscow and enjoy its most famous tourist attractions, such as the …
The monthly report released by the Automotive Marketing Information Council (AMIC) of November revealed that the Chinese car market recorded sales worth EGP 1.8bn, with 12,000 sold units from January until February 2016. Ghabbour Auto took over the market of Chinese cars, representing 96.8% of the market’s sales. The two brands Geely and Chery sold …
Sales of 12,000 Chinese cars; Ghabbour Auto acquires 96.8%
The strategy requires manufacturers to submit documents showing the data of cars and their selling prices to consumers
We have contracted with Ghabbour to carry out necessary developments, says Abou Zeid
GB Auto has inaugurated a new centre, called Margham, on an area of 25,000 sqm with investments worth EGP 100m in Alexandria. Raouf Ghabbour, chairperson and executive director of GB Auto, said that the centre’s buildings alone cost EGP 52,000, with a covered area of 3,000 sqm. He pointed out that nine new service centres …
Ghabbour Auto was able to acquire 96% of the Chinese car market in Egypt. Its two main brands, Chery and Geely, recorded sales of 5,777 units over the first seven months of 2016. The entire Chinese car market in Egypt achieved sales of 6,013 units over that same period, though the competition was limited between …
Beltone’s research added that the firm has succeeded in building banking relationships which help it to obtain its foreign currency exchange requirements to import cars collected abroad or automotive components
Ghabbour Auto will provide the buses within two months of the signing of the contract at a cost of EGP 31m
Hyundai launches Elantra HD locally manufactured for the first time
Anticipated launch of six new models
Ghabbour Auto acquired the rights to sell the Chinese car after reaching a cooperation agreement with Chery International Company and Aboul Fotouh Automotive, the former agent of the brand
During the Suez Canal Global Conference, Ragheb stated that she expects Egypt to become a centre for the automobile industry in the Middle East, given its geographical location and free trade agreements
Company will open two new centres, launch S3 centre in Alexandria
Ukrainian company provides seven-year guarantee for spare parts and maintenance during warranty period, says El-Saeed
Sector workers cannot keep up with increase in taxes and customs
Shareholders, purchasers exercised right to participate in EGP 960m capital increase, which will be allocated to investing in tire manufacturing facility
Karry minivan is produced by the Chinese global brand Cherry, with Ghabbour Auto taking over from Modern Motors as its local Egypt agent six months ago.