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Toyota launches hybrid cars booking in Egypt

Toyota Egypt announced the official pre-launch bookings for hybrid cars in Egypt, to be delivered in four months, where the company operates the special orders system based on the customers’ needs. Daily News Egypt learned that Corolla Hybrid was the first hybrid vehicle from Toyota in Egypt introduced at the end of last year, relying …

Daily News Egypt

Toyota Launches 12th Generation Corolla in Egyptian Market

Toyota revealed the 2020 Corolla model during a big celebration, throughout which the details of the new generation was announced. Ahmed Monsef, CEO of Toyota Egypt, said his company aimed to get next year’s Diamond award through the new generation of the new Corolla sales, pointing out that the model has broken sales around the …

Mohamed Al-Roubi

Toyota launches all-new Century after 21-year absence

Toyota announced the launch of its completely redesigned third generation Century in Japan and the start of sales at Toyota dealers nationwide, with a monthly sales target for Japan of only 50 units, and it will be assembled at Higashi-Fuji Plant in eastern Japan. The outline reflects the Japanese aesthetic of passive symmetry while employing …

Mohamed Al-Roubi

6 car dealers change their prices in February

Six car dealers—Chevrolet, Ford, Toyota, Chery, Hyundai, and BMW—changed their prices of February 2018 car deliveries. Prices rose by EGP 2,000 for cars like the Hyundai Verna and by about EGP 90,000 for cars such as the BMW X1. The majority of car companies welcomed 2018 by fixing their prices, with the exception of minor …

Ahmed Amer

Toyota-Egypt signs distribution agreement with Lexus

Toyota-Egypt signed an agreement with Lexus, the luxury vehicle division of Japanese car maker Toyota, to be the official distributor of Lexus cars in the Egyptian market starting from the beginning of 2018, after Egypt was named among the best car markets in the region. “There is tense competition in the Egyptian car market, but …

Daily News Egypt

Automotive companies fix prices after Automech Formula 2017 concludes

A number of car companies decided to fix prices after offering discounts at the Automech Formula 2017. The automotive market witnessed a rise in the price of a number of models. With the recession plummeting market sales, customers are waiting for discount offers in the coming period, for new car buyers, after the used cars …

Ahmed Amer

Car prices continue climbing in August

July ended, and August began, but the expectations of distributors and dealers in the auto market remained mere inc as no prices have gone down as predicted. Even worse, several companies raised their prices in late July and August by over 8% compared to the beginning of July. Among the companies that raised prices are …

Ahmed Amer

Automotive companies offer no price cuts in Ramadan

For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Most car models’ prices remained unchanged, except Nissan, Hyundai, Chery, and Ford. Auto companies expect that the sector’s sales will fall due to the Central Bank of Egypt’s (CBE) decision to raise the …

Ahmed Amer

Automotive market starts 2017 with price increases across 131 models

The new year for the automotive industry has begun with price increases across 131 models from every famous brand in the automotive market. This rise in prices came amid new estimates set by car companies on the cost of imported cars and their components in US dollars after the Central Bank of Egypt’s (CBE) decision …

Ahmed Amer