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Al-Mansour discusses vehicle assembly plant with Egypt prime minister
Al-Mansour discusses vehicle assembly plant with Egypt prime minister On April 13, the Prime Minister of Egypt met with officials from the AL-Mansour Automotive Group to discuss their plans for establishing a new factory in New October City and commencing production. AL-Mansour will invest USD 150 million in Egypt’s automotive manufacturing, covering different brands. Production will start in 2026, with a first-phase capacity of 50,000 units/ye...
News Updated at: 2025/04/14
Mansour Group to invest USD 150 million in new car plant in Egypt
Mansour Group to invest USD 150 million in new car plant in Egypt On April 8, multiple sources reported that the Mansour Group plans to establish a new factory to assemble ICE and electric cars in Egypt. The group will invest more than USD 150 million in this project. The new plant will create 10,000 jobs. The Group did not announce a timeframe for the launch of the new factory. Based on multiple sources ...
News Updated at: 2025/04/09
SAIC Motor Corporation Limited[China]
NEV business SAIC invests CNY 15 billion to expand businesses including NEVS SAIC Motor to establish innovation center in Israel SAIC Motor to set up its first car manufacturing facility under MG brand in India SAIC to collaborate with TMRI in multiple fields 1 1 1 1 Chinese SAIC Motor and Egyptian Mansour Auto set up joint venture to manufacture MG cars SAIC deepens cooperation with Alibaba to develop next-generation intelligent connected vehicl...
OEM Plants Updated at: 2025/02/28
Al-Mansour Group and SAIC Motor signs USD 135 million agreement to build car manufacturing plant in Egypt
Al-Mansour Group and SAIC Motor signs USD 135 million agreement to build car manufacturing plant in Egypt On December 29, the Prime Minister of Egypt held a meeting with Al-Mansour Automotive Group and China's SAIC Motor, the owner of the MG brand, to discuss a significant Egyptian Chinese partnership project. At the meeting SAIC and Al-Mansour signed a technical licensing agreement to establish a car manufacturing plant in Egypt with a total in...
News Updated at: 2024/12/30
Nissan Motor Egypt S. A. E., Egypt Plant[Egypt]
es: 950 (as of August 2024) - As of January 2018, accumulated investment is EGP 2 billion (USD 110 million), with 1,400 employee. - The plant started operations in March 2005, with the area of 100,000 square meters. Egypt Government signs car manufacturing agreement with Nissan, Stellanits and Al Mansour Nissan Motor Egypt participates in the Africa Forum 2017 and reinforces its commitment towards the market Nissan Egypt announces USD 55.9 mill...
OEM Plants Updated at: 2024/10/31
Egypt’s prime minister meets with officials of Al-Mansour Automotive Group
Egypt’s prime minister meets with officials of Al-Mansour Automotive Group On August 12, the Prime Minister of Egypt met with the officials of Al-Mansour Automotive Group. The CEO of Al-Mansour Automotive Group stated that the group seeks to expand in the local manufacturing sector, through the company's factories in Egypt. He also presented the efforts of Al Mansour Group to manufacture electric cars and its plans to localize this industry, as...
News Updated at: 2024/08/14
Egypt Government signs car manufacturing agreement with Nissan, Stellanits and Al Mansour
Egypt Government signs car manufacturing agreement with Nissan, Stellanits and Al Mansour On February 16, Egypt Government signed three framework agreements on the manufacturing of cars with Nissan Motor Egypt, Stellantis Egypt, and Al Mansour Automotive Group. These framework agreements aim to achieve binding cooperation between representatives of the Egyptian government and the companies, to achieve the objectives of the National Automotive I...
News Updated at: 2023/03/17
Foreign investments of Chinese automakers: SAIC Motor and Great Wall Motor
t crossover MG ZS EV has already been introduced as a leased vehicle. Egypt Establishing a joint venture company ・On June 17, 2019, the company held a signing ceremony for the establishment of a joint venture and strategic alliance framework with the Egyptian diversified management company Mansour Automotive Group. In addition to Egypt, the company will produce and sell MG brand vehicles for the Central and North African markets. ...
Market & Tech Reports Updated at: 2021/06/30
Chinese SAIC Motor and Egyptian Mansour Auto set up joint venture to manufacture MG cars
Chinese SAIC Motor and Egyptian Mansour Auto set up joint venture to manufacture MG cars On June 17, SAIC Motor announced its debut in the African market. SAIC Motor and Mansour Automotive Group will start a joint venture company to produce and sell SAIC’s MG series in the Egyptian as well as Central and North African markets.Egypt has a population of nearly 100 million people. However, the number of motor vehicles per 1,000 inhabitants is on...
News Updated at: 2019/06/20
IKCO Tabriz to produce 100,000 vehicles in current Iranian year
IKCO Tabriz to produce 100,000 vehicles in current Iranian year On May 8, Hamid Hajizadeh Mansour, CEO of Iran Khodro Tabriz, announced that the site is set to mass produce three IKCO models, the Soren, Soren Turbo, and Samand LX, by the end of the current Iranian year (March 21, 2018 to March 20, 2019). “According to the schedule, Iran Khodro Tabriz will produce 100,000 vehicles this year,” said Mansour, adding that the vehicles will be sold...
News Updated at: 2018/05/10