Egyptians bought more cars in the first seven months of 2025 than at any point in recent years, as lower prices and improving economic conditions unlocked pent-up demand.
Car sales jumped 83% year-on-year to 90,100 vehicles between January and July, up from 49,230 units a year earlier, figures from the Automotive Market Information Council (AMIC) showed.
Passenger car sales rose 79% to 69,790 units, while buses increased 54.4% to 5,560 units. Truck demand grew fastest, up 121.8% to 14,750 units, as logistics firms expanded fleets to meet rising trade.
Sales in July alone climbed 36.9%, with 15,600 vehicles sold compared to 11,400 a year ago. Chevrolet remained Egypt’s top-selling brand with a 17.9% market share, followed by Nissan at 14.6% and Chery at 11%.
Chinese-made passenger cars led the market with 25,500 units, up nearly 94% from last year. Japanese brands sold 17,960 cars, while Korean vehicles reached 12,130 units. European brands more than tripled sales to 10,150 cars. American passenger cars, though fewer in number, grew the fastest – up 817% to 3,700 units from only 404 last year.
Industry insiders linked the sales boom to lower borrowing costs. On Aug. 29, the Central Bank of Egypt cut its benchmark rate by 200 basis points, the steepest reduction in over a year, after inflation eased and growth outpaced forecasts. The government’s IMF-backed reforms have also encouraged local car assembly, driving down prices and boosting competition.
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