CKD Effat عبدالعاطى Chief, Division of auto dealers Cairo Chamber of Commerce that the abolition of subsidies on gasoline 95 and 92 will have a significant impact on the car market in Egypt.
He said that this decision would increase the demand for cars less than 1600 cc It is possible that their prices will rise, pointing out that the decision will not pay a lot to undo buy the car because a lot of people in need permanently to a car becoming one of the basics of life, and especially in light of poor state of public transport and overcrowding and suffering faced by the citizen.
He added that the automotive category, which buys more than 1600 cc, they are able to exchange and will not be affected sales of these cars cancel support
Said عبدالعاطى that the report of the Egyptian Council for car market "AMEC", last August revealed that more categories of passenger cars popular category «1000 - 1300 cc», which increased by 157% over the same month last year and the category «1300-1500 cc »increased by 38% and also family cars 1600 cc class won the consumer demand in the Egyptian market have risen by about 79% compared to the same month last year
He said that this decision would increase the demand for cars less than 1600 cc It is possible that their prices will rise, pointing out that the decision will not pay a lot to undo buy the car because a lot of people in need permanently to a car becoming one of the basics of life, and especially in light of poor state of public transport and overcrowding and suffering faced by the citizen.
He added that the automotive category, which buys more than 1600 cc, they are able to exchange and will not be affected sales of these cars cancel support
Said عبدالعاطى that the report of the Egyptian Council for car market "AMEC", last August revealed that more categories of passenger cars popular category «1000 - 1300 cc», which increased by 157% over the same month last year and the category «1300-1500 cc »increased by 38% and also family cars 1600 cc class won the consumer demand in the Egyptian market have risen by about 79% compared to the same month last year
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