Back to the complete issue
Tuesday, 10 September 2019

Mercedes-Benz Egypt selects Egyptian German Automotive Co. to assemble cars

Mercedes-Benz Egypt selects local partner for assembling cars: Mercedes-Benz Egypt will partner with the Egyptian German Automotive Company (EGA) to assemble cars in Egypt, the company said in a statement yesterday (pdf). The contract was given to EGA after meeting the company’s standards and production requirements, the statement said. No details were provided on the value of the contract.

The first car should be completed in the second half of 2020, the German auto manufacturer said, adding that production will focus on SUVs that are not yet available in the Egyptian market. Mercedes-Benz Egypt last week added Abou Ghaly Motors, Ezz El Arab and German Auto Service to its retail network in Egypt.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.