The crisis in Egypt affects the automotive industry

Posted on Friday, 5 July 2013 , 09:07:35 byEmil

Filed under toyotarenaultpricingtechnologyToyotaTechnologyJapanese

The crisis in Egypt affects the automotive industry

We are all aware of the problems going on in Egypt and apparently the crisis is also affecting the automotive industry. Toyota has serious problems as they had to temporarily shut down its subsidiary in the African country because the demonstrations that took place against the former president. Now the Japanese manufacturer has restarted its activity and as it turns out, none of the dealerships were damaged. A spokesman declared that sales have not been affected and that he was aware of any effects in Cairo at the assembly plant. The Japanese specialists built the Fortuner mid-size SUV, which can be seen in the photo gallery. The model has as base the Hilux pickup truck. Hire, for now, the plant has 700 employees. We also have to mention the fact that General Motors has a plant in Cairo, but there are no details on the impact of the crisis on their activity in Egypt. Renault has 38 dealerships in the country and it seems that they have not been affected by the crisis either. They are now monitoring the situation closely and are trying to determine if any problems will be detected. The carmaker entered the market in 1979, but as you probably know, it does not have production facilities in Egypt. The crisis is causing a lot of problems mainly because it is the third largest car-making country in Africa right after South Africa and Morocco. Several carmakers managed to build 36.800 units in Egypt in 2012, 11 % less than in 2011, or at least these are the numbers offered by the International Organization of Motor Vehicle Manufacturers. These are all the details available on the matter, but let us hope for the best.


The crisis in Egypt affects the automotive industry image The crisis in Egypt affects the automotive industry image
The crisis in Egypt affects the automotive industry image