Today: October 7, 2015, 11:07 pm

Egypt Autos Market: New market analysis published
Egypt Autos Report Q1 2014 - a new market research report on 2014-04-02 20:53:03
Latest data from Egypt´s Automotive Marketing Information Council (AMIC) show a 4.8% year-on-year decline in passenger car sales, to 108,521 units, for the first 10 months of 2013. However, reports of improved business and consumer sentiment, as well as upbeat sales reports from leading dealers, suggest that the market will be in a position to stage a recovery in 2014, in line with the forecast for 3.0% growth, following a 6.0% decline in 2013.

The commercial vehicle segment, meanwhile, will benefit from an expected uptick in tourist arrivals and, accordingly, we expect the bus segment to be an outperformer.

The increasing availability of affordable brands, as well as pent-up demand from purchases delayed in 2013 and low base effects, should set the scene for a strong start to 2014. Political risk will be the biggest ongoing threat to consumer sentiment, especially with a planned referendum on an amended constitution in January 2014. There are encouraging signs, however, including the lifting of the nightly curfew in Cairo in November, and the easing of travel restrictions by several countries, particularly in Europe, which is a major source of tourist traffic.

Click for report details: ..

Browse all Automotive and Parts Market Research Reports ..

Browse all Automotive and Parts Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 384 Words
Related Articles
More From Finance
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi .com Teaches Consumers How To Prevent [..]
Want to Halt Vehicle Repossession? Here’s How Sometimes things happen that end up leaving one in a financially strapped position. [..]
Sell Your Phoenix Winter Condo or Townhouse [..]
Most condominium owners or homeowners, in almost every state in the country, are asking the same question: “Should I sell [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.