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General Motors Egypt S.A.E. A joint venture between car giant General Motors International, and the local importer and car dealer Al-Mansour Automotive Company. The factory is located in the 6th of October City. [13] 6. Ghabbour Group. Founded in 1940, Ghabbour Group is the largest car manufacturer in Egypt producing 150,000 units annually.
The company started in the early 1980s as an importer of Japanese cars. The assembly plant started its activities with the SKD manufacturing of Daewoo vehicles in 1998. Since 2006 the company is assembling vehicles of the Chinese brand Chery. The cars were marketed under the Speranza brand. [2] Since 2016, the Chery brand is used instead. [3]
Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday ...
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 ...
General Motors has a long history serving the Egyptian market, beginning with the import of vehicles into Egypt in 1922 and later establishing the first Middle East office in Alexandria in 1926. General Motors Egypt was established in 1983 as the first private automotive manufacturer in Egypt and commenced production in 1985. GM Egypt Milestones
"Obviously, coming out of the gate, there would be price increases associated with tariffs that we [would] put into the market." Allan downplayed the idea of moving manufacturing back to the U.S ...
Speranza Chery A5 in Sharm el-Sheik, Egypt. Assembly of Chery cars from complete knock-down kits began in Egypt in 2004 according to the company itself, [180] but news reports indicate that it only expressed initial interest in doing so that year. [143] As of 2011, some Chery models were sold in the country under the brand name Speranza.
Today the Group manufactures vehicles for numerous brands such as: Bajaj Auto, Hyundai and Volvo. With an annual output of 150,000 units, the Ghabbour Group is currently the largest automobile manufacturer in Egypt, with operations in Iraq, under the names GK Auto [5] and GQ Auto, [6] and in Kenya. [7]