Volkswagen is expecting to open five new production facilities across Africa over the next 15 years, the report said. The devaluation of the Egyptian pound in March 2024 made Egypt a more ...

The German automaker is considering starting with an assembly unit using existing facilities in Egypt, with the possibility of building a dedicated factory at a later stage ...

Volkswagen AG is considering producing cars in Egypt, part of plans to tap new African markets as it grapples with weaker demand at home. “We are very interested in Egypt as a production hub and ...

UAE Ambassador to Egypt Mariam Khalifa AlKaabi said Egypt has the potential to transform into a commercial and production hub to cover the needs of the European and African markets. lkaabi made the ...

Volkswagen to share full EV production plans in March. According to a statement from Volkswagen Group, its management team presented a five-year investment plan to the supervisory board this past ...