Government have to protect automotive industry

Some sources told Daily News Egypt that the German economic delegation that accompanied chancellor Angela Merkel demanded to postpone the automotive strategy during their visit to Egypt the last weekend. There is a tendency for Egyptian authorities to postpone the issuance of the automotive industry strategy and discuss it again in light of the European Union (EU) car manufacturers' observations. They said that in the case that the automotive draft law was approved, it would severely harm imports of members of the ACEA, violating the Egyptian-European partnership agreement. He stressed that the strategy takes into account all the trade agreements signed by Egypt, including the Egyptian-European partnership agreement. ACEA expressed its understanding of the goal of the draft law, which is to increase car and auto-parts production in Egypt.


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Concerns over trade conditions under 'hard Brexit' raised at automotive industry conference

Those concerns were aired at an automotive industry conference in Stuttgart last week, where the potential effect of Brexit was the central issue of discussion. The event highlighted the preparations being undertaken within the automotive industry ahead of Brexit. EU passportFinancial services passporting is not an issue that you would automatically associate as a concern of the automotive industry. Most car manufacturers work on the basis of margins which cannot accommodate additional tariffs easily, meaning price rises could be necessitated. Many of the major original equipment manufacturers (OEMs) were present, including BMW, Opel Group, Volkswagen and Daimler.




From Hybrid and electric cars to self-driving vehicles – these are just some of the engineering trends that are taking the automotive industry by storm. According to global industry experts, the following are top trends we can look out for in 2017 and beyond. The automotive industry is constantly developing, with new trends that shape it entirely. According to industry experts, in some new cars, such as the new Chevrolet Spark, there are no CD players at all. We can expect to see more and more high-tech features such as this one make their way into budget cars.


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