Egypt 2010: Hyundai Verna reclaims top spot
The Egyptian car market bounces back quite nicely from the recession at +21% and 248,917 registrations in 2010. After leading the way in 2007, the Hyundai Verna is back in the top spot this year with sales up a massive 58% to reach 22,020 units and 8.8% market share, ahead of the Chevrolet TFR at 19,497 sales and 7.8%, up a more modest 28%.
The Chevrolet Lanos is down to #3 at 17,011 units and 6.8%, up 18%, followed by the Hyundai Elantra (4.3%) up 6% and Accent (4%) up 59%. The Nissan Sunny is up 40% at #6, the Kia Cerato up 42% at #7 and the Kia Carens up 139% at #8.
Hyundai Elantra in Cairo, Egypt
Just outside the Top 10, 3 models deliver whopping increases: the Renault Logan is up 158% to #11 with 6,230 sales and 2.5%, the Chevrolet Cruze is up 128% at #12 and 5,872 units and the Skoda Octavia is up 129% at #13 and 4,705 sales. The Speranza Tiggo is both the best-selling 4WD and Chinese model and at #14, just above the Speranza A516 at #15.
Full Year Top 50 Ranking Table below.