In recent months, the Egyptian market has witnessed a state of conflict declared between dealers and resellers and consumers participating in the campaign for their release, in the context of the implementation of the program. zero customs agreement.
As a result of the race for reduction initiated by a number of companies and automobile agents, Jabra after the exemption of cars of European origin and the reduction of tariffs of their counterparts of Turkish origin, then approved a number of new cuts aimed at moving the local market, which was suffering from a severe recession, and prolonged the boycott period and prolonged the number of campaigns ".. Zero Customs .. Against the greed of car dealerships", has broke the one million and three hundred thousand member mark and the recession soared in the market, prompting a number of dealers to offer price reductions. New car dealers and dealers have joined the race to reduce their car prices.
Ford cuts crossover prices
In Egypt, the US company Ford has decided to cut prices for its 2019 SUVs in the domestic market to boost sales in full recession in the market, with values ranging from 25,000 to 50,000.
Ford lowered the price of the EcoSport crossover SUV in the compact class for 40,000 EGP, from 299,900 EGP instead of 339,900 EGP. The Trend price has also been reduced by 45,000 pounds. From 319,900 pounds instead of 364,900 pounds, the price for the "Sport" category was reduced from 50,000 LE to 349,900 LE instead of 399,900 LE to 374,900 LE instead of 424,900 EGP for a reduction of 50,000 LE .
The EcoSport comes with a 1.0-liter turbocharged engine with 123 hp and a torque of 170 Newton. Meters, and a 6-speed automatic transmission.
The Ford Kuga price reductions included the Crossover SUV, a 25,000-pound reduction for the Sport class, at EGP 549,900 instead of EGP 574,900, and the Titanium category, which received EGP 50,000. For 599,900 EGP instead of 649,900 LE, the price of the "ST-Line" category is lowered to the same value and reaches 649,900 LE instead of 699,900 LE.
The Kuga comes with a 1.5-liter turbocharged engine developing 182 horsepower and 240 nm and a 6-speed automatic transmission.
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Ssangyong .. Reduction of up to 25,000 pounds
Sang Yong in Egypt has announced a price reduction on its "Tivoli" and "XLV" cars, of a value reached at 25,000 pounds, after setting prices for a long time, even with rising value of the customs dollar.
The prices for "Tivoli" decreased by a fixed value of 15,000 pounds, from 310,000 pounds, instead of 325,000 pounds for the "Comfort" category, and dropped from the "Style" category to same price at the price of 335,000 pounds, instead of 350,000 pounds, Sport "360 thousand, instead of 375 thousand pounds.
The price of "XLV" has decreased by different values, from 320,000 to the "Comfort" category, instead of 335,000 pounds, a decrease of 15,000 pounds and the "Lakshiri" category, a value of 20,000 pounds, to record 365,000, instead of 385,000 pounds, as well as a drop of 25,000 pounds for the category "Four Wheel Drive Lakshiri" to 385,000 instead of 410,000 pounds.
Both cars, the Tivoli and the XLV, are powered by a 1.6-liter engine capable of producing 128 horsepower, 160 Newton-meters and a 6-speed automatic transmission.
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Founded in 1954 under the name "Hadong Huan", Sangyong is the fourth largest auto maker in Korea and has started manufacturing Jeeps for the US Army. In 1977, the company was renamed Dong A. Sang Yong was named as a company and the name of the company was changed to Sang Yong Automotive.
The company entered into a partnership with Daimler-Benz in 1991. In 2004, Saic, the Chinese owner of the British brand MG, acquired a 51% stake in the company and managed it.
