Coronavirus pushes passenger car sales forward in Egypt
Passenger car sales in Egypt increased 24% during September 2020 on an annual basis to reach 17,051 cars, compared to 13,734 cars in the same month last year. Truck sales also increased to 3,348 vehicles during September 2020, compared to 3,055 units in the comparison period, with a growth rate of 9.6%, according to the monthly report issued by the Automotive Marketing Information Council (AMIC).
However, bus sales in Egypt witnessed a decrease of 34.1% in September 2020, bringing the total number of buses sold to 2,506 buses, compared to 3,055 in September 2019.
Total car sales during the first nine months (9M) of this year reached 107,617 cars, compared to 87,272 cars during the same period of 2019, an increase of 23%, despite the novel coronavirus (COVID-19) crisis.