Investor Presentaiton
INVESTOR PRESENTATION | FIRST QUARTER 2020
Egypt Passenger Cars
GB Auto's market share in the PC segment dipped to 16.9% in 1Q20, however, this is in line
with management's strategic shift to focus on profitability in light of price advantages enjoyed
by vehicles of Moroccan, Turkish, and European origins.
Market Share of Key Players*
10.9%
17.9%
2.5%
5.7%
1.3%
2.0%
ARRIZO S
Hyundai
Chery
Geely
Mazda
GB Auto
0.1%
0.03%
The PC market carried its strong momentum from 2019 into 1Q20 and witnessed
a y-o-y boost of 58.0%, however, GB Auto's market share saw a reduction to 16.9%
in 1Q20 compared to 21.8% during the same period last year.
The dip in market share aligns with management's strategy to focus more on
profitability, considering the custom breaks and price advantage enjoyed by
vehicles of Moroccan, Turkish, and European origins.
Until the impact of Covid-19, the market was on the path towards a strong
rebound, with PC units increasing from 23,402 in 1Q19 to 37,011 in 1Q20.
12
16.9%
21.8%
1Q19
1Q20View entire presentation