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FINANCIAL NEWS
Proton automotive posts USD 1.74mn sales in Egypt
19 Apr 2016
(MENAFN) The Malaysian carmaker firm Proton sold 120 cars worth USD 1.74mn in Jan and Feb this year, recording the highest number of sales in Egypt market.
Moreover, Proton’s Gen2 model was the most sold car this year, while Egyptian auto dealers have sold 77 Gen2 models value USD 1.1mn.
In addition, the Persona model which registered 43 sales valued USD 0.61mn, and the car maker reduced the price of its two models by USD 0.67mn.
However, Proton raised the price of its Gen2 and Persona model in Feb and March 2016, which posted USD 0.19mn sales in Egypt.
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