Thursday, 14 February 2019

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Automotive + Transportation

Brilliance Auto to assemble China-origin cars in Egypt by early 2020

Brilliance Bavarian Auto is planning to begin assembling its China-origin H330 and V3 models in Egypt by early 2020, general manager Khaled Saad said. The company will use the existing facilities of its parent company — BMW’s Bavarian Auto Group (BAG) — in 6 October, and is targeting an output of 10k vehicles in the first year. The automotive group had announced in 2016 it is planning to invest USD 80 mn to build a separate facility. However, plans were derailed following the EGP float, which forced the company to use BAG’s grounds instead.