Automotive Industry by Country
Automotive industry, Automotive industry in the People's Republic of China, Automotive industry in India
978-613-7-12241-9
6137122417
144
2012-05-20
45.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. This article provides an overview of the automotive industry in countries around the world. The earliest beginnings of the Egyptian automotive industry date back to the year 1960. During the socialist era, the government pledged to transform the country from an agricultural economy to an industrial one, and the first completely Egyptian car was produced. The car soon went out of production as it was unable to compete with foreign brands, especially following the end of socialism and the move toward a more liberal market. It was not until 1985 that automotive giant General Motors (GM) set up its first assembly plant in Egypt, revolutionising the industry.
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