The wave of increased car prices in 2016 has increased growth in the value of car sales, taking them to EGP 10.4bn after the car market achieved total sales worth EGP 44.4bn last year, compared to EGP 34bn in 2015. The passenger car market sold more than 142,000 units—a 27% decline—compared to 195,500 cars sold …
Latest in Tag: Verna Highlight
Latest in Tag: Verna
As of the end of September, Hyundai has acquired 75% of Korean brand sales in the Egyptian market, with 31,500 units sold out of a total of 37,100 units. For the moment, Hyundai has beat out its rival Kia which ranked lower. Hyundai Verna came in the lead during the period from January and September, …
Hyundai acquired 85.9% of the Korean automotive market sales in the first half (H1) of 2016, selling 19,900 cars out of total sales of 23,100 Korean-made cars. The carmaker was able to seize the top six spots on the list, outperforming its rival Kia. Verna topped the sales list of the Korean carmakers. A total …
Verna is topping sales with 4,774 units, and Elantra HD jumped from eighth place to third.
Tucson ranked second best-selling Hyundai, with Creta and Solaris following
Verna topped sales for Korean models in January and February, with sales standing at 2,415 units worth EGP 220m.
Korean manufacturers sold 53,700 cars, acquiring about 30% of the total personal car market in Egypt.
The Hyundai Verna topped the list with sales amounting to EGP 1.5bn with 16,500 cars sold, considered the cheapest Korean car in Egypt.