Egypt - The experts are criticizing the Automech Formula exposition launch date 2016-03-11
Alam is not expecting the launch and Abou Kannah is looking for a meeting with the participant car companies.
Samir Alam the vice president of transport means in the federation of industries department criticized the date of Automech Formula exposition launch on the sixteenth of this current month, he said that the date concurs while some car industries are having issues to import supplies since the foreign currency is not available besides importing new version, spare parts and satisfying the needs of the local market.
Amir Abou Kannah the director of Nissan Egypt’s departments and sales in Modern Motors Company demanded a meeting for the participant car companies in Automech Formula exposition to discuss the techniques to launch new models in the same time with the lack of foreign currency.
In the same context, Cherif Mahmoud the director Nile Company for trade and engineering and the exclusive agent for the Japanese brand “Honda” said that the car sector is in a blur period since the dollar is not available to fulfill the needs of the car market, he has already assured that the Japanese brand “Honda” will not participate in Automech Formula exposition because of the lack of the necessary foreign currency to import new models.