28 Days
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اقتصاد
Chinese cars gain market share in Egypt
The Egyptian car market in 2026 shows a radical transformation, as the traditional competition between Japanese and Korean brands has been overtaken by a price war led by Chinese companies. Chinese sales increased by 64.7% in the first quarter and accounted for 45.2% of the market in February, amid growing confidence in their product quality and competitive pricing. Chinese firms are making significant investments in Egypt, initiating local production and expanding partnerships, threatening the position of traditional brands and changing the rules of competition in the market.
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