Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Egypt

GB Auto Sees Opportunities In Regime Change

April 2011 | Industry News

Egypt's GB Auto says any regime change resulting from the political unrest in countries such as Libya and Syria could provide opportunities for foreign investors. BMI believes this optimism is backed by GB Auto's precedent of expanding into Iraq, which has become one of its fastest growing overseas markets. It is also likely to provide a cushion for the company as its domestic sales are also impacted by Egypt's own period of political transition.

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