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 …
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Geely reduced the price of its Emgrand 7 by about EGP 22,000, registering at EGP 158,000. The Chinese brand had increased the price of its first class Emgrand 7 model by EGP 8,000 to reach EGP 180,000 last month.