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Sunday, 21 January 2018

Mansour Group to begin selling Peugeot in April

Mansour Group and Scope Investment will begin selling Peugeot cars in April, said Yehia El Saba, GM of El Saba Automotive — one of four Egyptian companies who have been selected to conduct after sales services for Peugeot cars in Egypt. El Seoudi Group, Wahdan Auto Group, and Nour El Din El Sherif For Trading Vehicles have also been chosen to provide after sales services, El Saba tells Al Mal. Mansour Group and Dubai-based Scope Investment had clinched the distribution rights to Peugeot cars from Cairo For Development and Cars Manufacturing (CDCM), which is suing the Peugeot-Citroen arm of Groupe PSA for unexpectedly ending their 41 year-old partnership last November.

In other auto news, Chinese model cars are becoming widely popular in Egypt, capturing around 20% of the Egyptian passenger car market, said Egyptian Automobile Manufacturers Association Secretary General Khaled Saad. Chinese mini-buses have seen sales grow at a much faster pace, with a 40% market share, Saad tells Youm7. He expects Chinese models to be the most popular selling vehicles in Egypt in the span of five years.

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