Shock waves from China: is this the beginning of the end for the globalized global economy?

Saturday February 22, 2020 China’s standstill is contagious Here the virus has hit the economy fully By Diana Dittmer – The effects of the corona epidemic can no longer be overlooked. In China, hardly anyone buys a car, container trips are canceled, airlines predict losses in the billions. Is there a global recession looming? Is … Read more

Kia prepares to launch the all-new Sorento Model 2021 .. video and photo

04:45 PM Wednesday, January 29, 2020 – Books – Mohamed Gamal: The South Korean automaker, Kia Motors, is preparing to launch its all-new Sorento model, which is among the most popular SUV in the world. According to the website of Russia Today channel, the new Sorento design differs from its predecessors, as it comes with … Read more

The cheapest two cars in Egypt … A comparison between the Zotye Z100 and Suzuki Alto

01:26 PM Sunday 26 January 2020 – Books – Ayman Sabry: Modern Motors, the official dealer of the Japanese Suzuki brand in Egypt, has announced the specifications and prices of the latest version of its “Alto” hatchback small model 2020. After the announcement of the price of the Alto 2020, which is estimated at 130,000 … Read more

It reached “100,000 pounds” … January wave of cuts hit 23 C

02:23 PM Tuesday, January 21, 2020 – Books – Ayman Sabry: A number of companies and brands agents in Egypt announced during the month of January this year, reductions in prices of 23 new models, with varying proportions ranging from 3,000 to 100,000 pounds. The announcement of price reductions involving cars belonging to Japanese, Russian, … Read more

The carmaker’s sales slumped by over a third

Car maker Opel suffered severe setbacks at the end of last year – sales declined dramatically in December. The job cuts also continue. Sales of the PSA subsidiary Opel fell surprisingly strongly in Europe at the end of last year. In a booming at the end of the year thanks to high discounts car market … Read more

Days before customs exemption .. “Renault Megane” in the face of “Toyot.”

03:14 PM Saturday 28 December 2019 – Cairo – (Masrawy): In the beginning of January 2020, the Ministry of Finance, represented by the Customs Authority, begins applying the last tranche of customs reductions on Turkish imports of cars and their parts, in implementation of the free trade agreement between Egypt and Turkey. The Customs Authority … Read more