#Egypt

We have been to Africa already in our Round the World whirlwind adventure, in Libya, Yemen and Ivory Coast, but this weekend it is time to visit Egypt, where the ‘middle-eastern revolution’ movement has started.

Alas. the data revolution is delayed. In Egypt, we are again faced with the now familiar issue of having no official sales data. By now you would all know that this was not going to discourage me, however, this time I didn’t even need the help of my old mate YouTube because I have actually BEEN to Egypt, lucky me!

Now if you have been to Egypt too and already know all there is to know about which cars the pharaohs drive everyday, that’s ok, there are 154 more countries to explore in my blog, so either run to your mummy, or go, check out the blog. OK and now I will stop with random Egypt/pyramid/Cleopatra-related wordplays. I promise.

And as usual I will cut to the chase and tell you that if you were to remember just 3 words about the Egyptian car market they would be:

Chevrolet, Hyundai and Speranza.

Speran-what? I know.

Most automakers are suspending operations in Egypt while riots continue. Here is a list of current closures:

The other day I heard a saying which I think is rather apt for this article:

“You can shear a sheep many times, but you can only skin it once”. Except in this article the “shear” is “fleecing” and the sheep is “Daimler.” Bah, bah, bah. Firstly, the U.S Government did a little shakedown of Daimler to the tune of $185 million. When that succeeded, our friends in Russia decided to check this gold mine for any left over deposits. Word spread of them thar gold in Sindelfingen. Incoming golddiggers! Forexyard (via Reuters) reports that Egyptian authorities are going to investigate the matter in relation to bribery in Egypt.

Yes, in Egypt.