New Market Study, "Egypt Autos Report Q4 2014", Has Been Published
For H114, the passenger car market was up 30.0% year-on-year (y-o-y) and we are maintaining our forecast for 25.0% growth in car sales over the full year. There is potential for similarly high growth in Q3. This period in 2013 saw high political tensions, and the temporary closure of some production plants, which restricted supplies. The latter months of the year saw the market stabilise and this will reduce the stark base effects.
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