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Egypt’s GB Auto says Q4 net rises 8 percent

Egypt’s GB Auto says Q4 net rises 8 percent

Egyptian vehicle distributor GB Auto reported an 8 percent rise in its fourth-quarter net income on Monday as soaring sales of its two and three-wheeled motorcycles offset a car market weakened by the recent political turmoil.

March 5, 2012 1:25
 
Driven away by the law? Drivers would rather rent than buy

Driven away by the law? Drivers would rather rent than buy

We hardly think a law that's in place to protect buyers and car companies is the reason drivers are opting to rent. But Jacqueline Gomes appreciates this more conscientious trend.

July 26, 2011 1:58