automotive industry
Chinese automaker BYD forecasts up to 84 percent profit rise for 2016
Business
October 30, 2016
Chinese automaker BYD forecasts up to 84 percent profit rise for 2016
Chinese automaker BYD Co Ltd (1211.HK) (002594.SZ), backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), on Sunday said 2016 full-year…
Toyota to launch plug-in, hybrid cars in China in 2018
Business
April 24, 2016
Toyota to launch plug-in, hybrid cars in China in 2018
Toyota Motor Corp plans to sell heavily electrified, so-called plug-in hybrid cars in China starting in 2018, its head of…
Proton plans new production line in Egypt: ambassador
Business
March 17, 2016
Proton plans new production line in Egypt: ambassador
Proton Holdings Berhad, a giant Malaysian automobile manufacturer, will dispatch a team of specialists to Cairo in early April to…
Egypt targets production of 1 mn vehicles a year by 2025
Egypt
December 8, 2015
Egypt targets production of 1 mn vehicles a year by 2025
Trade and Industry Minister Tareq Qabil said that the government aims to double the production of cars, currently standing at…
Ghabbour Auto closes down factories due to dollar shortage
Economy
October 29, 2015
Ghabbour Auto closes down factories due to dollar shortage
Ghabour Auto President Raouf Ghabbour said his factories have been closed down since September 1 due to the Central Bank’s restrictions…
Egypt halts sale of Chinese Komodo car brand
Egypt
September 29, 2010
Egypt halts sale of Chinese Komodo car brand
The Egyptian Consumer Protection Agency (CPA) decided on Wednesday to halt the production and sale of the Chinese Komodo brand…