Investor Presentaiton
Egypt Passenger Cars
The passenger car segment continued its recovery path from 2019 and was up by 58.0% y-o-y
in 1Q20, with the impact of Covid-19 coming towards the end of the quarter.
The Egyptian passenger car market is showing signs of strong recovery after
significant turbulence
PC Market, Annual Sales
Management has focused CKD assembly on models
in the largest market segment
PC Market Segmentation, 1Q20
<1.3L
2.1%
1.3-1.5L
18.3%
1.5-1.6L
55.7%
>1.6L
23.9%
Il C
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18
23,402
37,011
FY19 1Q19 1Q20
Management anticipates substantial future growth on the back of relatively low penetration rates per 1,000 people, as shown here:
COUNTRY
Libya
Jordan
Turkey
Algeria
Iraq
Egypt
290
165
140
114
77
45*
Sources: Automotive Marketing Information Council (AMIC); International Monetary Fund, World Bank, Business Monitor International, CIA World Fact Book, GB Auto Research.
*Please note that this figure refers to passenger cars only, while the motorization figures of the other countries in this graphic refer to cars, buses, and freight vehicles but do not include two-wheelers.
**Figures are taken from World Bank.
INVESTOR PRESENTATION | FIRST QUARTER 2020
GDP PER CAPITA (USD)**
7,235
4,248
9,311
4,279
5,878
2,549
14
11View entire presentation