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Tuesday, 17 May 2016

Disgruntled car consumers organize two-month boycott over price hikes

A campaign calling for a two-month boycott of car purchases was launched by group of young car enthusiasts calling themselves “Enough Greed,” Al Masry Al Youm reports. The campaign comes as a reaction to prices of passenger cars jumping anywhere from EGP 25,000 to EGP 100k, which auto dealers have been blaming on the FX crunch. The group is also planning to stage sit ins outside car exhibitions in protest of the hikes, said the campaign’s leader Mustafa Maghraby. Hassan Suleiman, head of the Automobile Division, dismissed their complaints as “exaggerations.” (Read in Arabic)

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