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In 1984, GM opened its first factory in Egypt, and 1985 the first GM vehicle was produced in the country. [4] Al-Mansour Automotive gained rights to sell GM cars in Africa, and eventually became the largest GM dealership in the world. [3] In 1977, the Mansour Group secured rights to sell and distribute Caterpillar digging equipment in Egypt.
There are more than 15 car assembly plants and 75 facilities in the country providing more than 75,000 job opportunities. [11] Egypt has the capacity to produce 300,000 passenger cars, light commercial vehicles, trucks, and buses per year. [11] It is an under-penetrated automobile market with large numbers of the young population.
It is the first Arab vehicle manufacturer, founded in 1960 in Helwan, Egypt. Since, the company has produced licensed versions of the Fiat 1100 R, Fiat 1300, Fiat 2300, Fiat 128, Fiat 125, Fiat 133, Fiat 126, series 2 Fiat 127, 1983–92 FSO Polonez and in 1991 introduced a further range of Fiat-designed cars licensed via the Turkish company ...
GB Corp is an Egyptian manufacturer of automobiles, buses, trucks and motorcycles located in Cairo. [3] [4]The company was founded in 1960 by the brothers Kamal and Sadek Ghabbour because they realized that the automotive sector was a growing market.
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
The Bavarian Auto Group (BAG) was an assembler and distributor of motor vehicles in Egypt.It was founded in 2003, by the Issa Al-Kawari, the financial manager of the Qatari royal family [1] (99%), and Egyptian investor Farid al-Tobgui (1%), who was appointed as BAG's CEO. [2]
Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).
For motor vehicle manufacturing companies of Egypt see Category:Motor vehicle manufacturers of Egypt. Pages in category "Cars of Egypt" The following 2 pages are in this category, out of 2 total.