Cairo – Mubasher: Egypt has come in the 39th spot among the world’s largest automobile producers in 2017 for the second year in a row, according to a recent report by Organisation Internationale des Constructeurs d'Automobiles (OICA).
The Arab country’s total automotive production grew 1.13% year-on-year on the back of the increased production of goods and passengers transport cars to 26,670 last year, against 25,300 cars in 2016.
Production of owned cars declined to 9,970 in 2017 from 10,930 cars a year earlier.
Sales of owned cars fell 1.4% year-on-year last January to 6,800, versus 6,900 in the same month a year earlier.