Latest news with #GBAuto
Economic Key
31-05-2025
- Automotive
- Economic Key
GB Auto Partners with Volvo Buses to Strengthen Exports and Promote Sustainable Growth
Mohamed Gamil GB Auto, a leading automotive company in the Middle East and Africa has signed a Memorandum of Understanding (MoU) with Volvo Buses. The purpose is to strengthen the collaboration on the export of Volvo buses and coaches from Egypt to the region. The agreement marks a step towards more sustainable industrial practices, with a shared focus on expanding capacity and export, investment in cutting edge industrial technology, and generating employment opportunities. The importance of Egypt as a key trade hub was underscored at the signing event, attended by Benjamin Dousa, Swedish Minister for International Development Cooperation and Foreign Trade, and Egypt's Minister of Transportation Kamel al-Wazir, along with other high-ranking officials. Both governments reaffirmed the value of strengthening bilateral trade and industrial cooperation. As part of the agreement, GB Auto is investing in and upgrading its bus manufacturing facility in Ain Sokhna, Egypt. Volvo Buses will support the initiative by providing technical expertise, corporate know-how, and ongoing guidance to enhance production capabilities, optimize quality, and use ethically sourced and sustainable materials. Karim Gaddas, COO of GB Auto said: 'We are delighted to expand our partnership with Volvo Buses to export markets, a testament of GB Auto commitment to build quality buses, meeting and exceeding the industry standards. In 2024, we have started an investment plan, focusing on advanced technologies to upgrade our product performance in terms of design, durability and safety, while reducing our environmental impact.' Benjamin Dousa, Swedish Minister for International Development Cooperation and Foreign Trade, said: 'Egypt is playing an increasingly vital role as a gateway for trade between Sweden, the EU, Middle East and Africa. This partnership between Volvo Buses and GB Auto reflects our shared commitment to innovation, sustainability, and regional growth.' 'This partnership is about expanding our reach and doing so responsibly. It involves integrating a sustainability perspective at every stage of the value chain. By working together with GB Auto, we are taking strategic action to further enhance the production processes and grow exports across the Middle East and Africa,' says Dan Pettersson, Senior Vice President, Business Unit Chassis, Volvo Buses, he added: 'This is fully aligned with Volvo Buses' long-term strategy to create flexible, market-adapted solutions for our customers and work with partners who can tailor production to meet the demands of both local and export markets' Since the start of their partnership in 1998, GB Auto has served as a regional base for exporting Volvo buses and coaches to countries including Jordan, Oman, Iraq, Cameroon, and Senegal. It's worth noting that this long-standing collaboration has laid the groundwork for the new Memorandum of Understanding, which builds on this foundation with a clear set of joint objectives: to strengthen quality and expertise, expand export capabilities, and develop premium commercial passenger transport products built on Volvo Buses chassis. تم نسخ الرابط
Economic Key
15-05-2025
- Automotive
- Economic Key
GB Auto Launches its First "GB Tires" Branch in Partnership with Lassa Tyres
GB Auto, the leading player in Egypt's automotive sector and a subsidiary of GB Corp, has officially inaugurated the first branch of 'GB Tires' in partnership with Lassa Tyres – Turkey's leading tire brand and a strategic ally of the group since 1989. The branch is a new venture specializing in the trade, distribution and service of tires. Located in the Dahshour area of Sheikh Zayed City, the opening marks a strategic move to broaden customer options by offering high-quality tires that ensure excellent performance and safety across all road types. In addition to Lassa Tyres, the GB Tires branch brings together a selection of leading global tire brands, including Goodyear, Yokohama, Double Coin, SunFull, and Thunderer. This launch marks the group's first dedicated retail outlet in the tire sector—an important milestone in a broader expansion plan set to roll out through 2025. Building on its long-standing role as one of Egypt's largest tire distributors for corporate clients and institutions, GB Auto is now extending its expertise to the retail space. The new outlet reflects a strategic shift toward serving the local market directly, while maintaining its commitment to globally trusted brands and top-tier quality standards. Commenting on the launch, Mr. Khaled Arafa, Chief Operating Officer of GB Auto's Tire Division, stated: 'The opening of the first GB Tires branch is a strategic milestone that reflects our commitment to expanding our footprint in the Egyptian market. We're focused on delivering specialized solutions that elevate customer experience and meet their evolving expectations. This move also builds on our longstanding partnership with Lassa Tyres, which has played a key role in establishing us as a leading provider of high-quality, competitively priced tires tailored to local demand.' He added: 'At GB Corp, we believe diversity is the key to sustainability. With operations across six different sectors, we possess the experience and vision that allow us to grow with confidence. The Dahshour branch is just the beginning—our roadmap is clear, and we are gearing up to expand into additional locations to ensure our services reach the widest possible customer base across Egypt.' Mr. Kemal Yilmaz, Director of International Markets at Brisa Bridgestone Sabanci, also commented: 'The opening of this branch marks a new chapter in our successful partnership with GB Corp, offering us a stronger platform for direct engagement with a broader customer base in the Egyptian market. Over the years, we've worked together to provide integrated solutions tailored to the country's road conditions, while meeting the highest standards of performance and safety. We remain committed to further strengthening this collaboration and expanding the presence of our brand in one of the region's most strategic markets.' The launch event brought together representatives from both international and local companies, along with prominent figures from the automotive sector. Notable attendees included Mr. Karim Gaddas, Group Chief Operating Officer at GB Auto; Mr. Khaled Arafa, Chief Operating Officer of the Tire Division; and Eng. Ahmed Fathy, Senior Vice President of the Tire Division. The event also welcomed the Lassa Tyres team from Turkey including Mr. Haluk Kürkçü, CEO of Brisa-the parent company of Lassa Tyres. Also in attendance was Ahmed El Wakil, GB Tires brand ambassador and a prominent automotive influencer. It is worth noting that GB Corp continues to strengthen its presence in key sectors of the Egyptian economy through its subsidiaries, including GB Auto, GB Capital, GB Logistics, GB Ventures, GB Academy, and the Ghabbour Foundation for Development. The group remains committed to delivering sustainable returns across economic, social, and environmental fronts, in alignment with both local and global developments. تم نسخ الرابط
Economic Key
28-04-2025
- Automotive
- Economic Key
GB Auto Officially Launches the All-New Hyundai IONIQ 5N Electric Vehicle in Egypt
GB Auto, the exclusive distributor of Hyundai vehicles in Egypt, has unveiled the all-new IONIQ 5N electric car. This model comes equipped with groundbreaking, unprecedented features designed to cater to those who demand both luxury and high performance. The IONIQ 5N offers an exceptional driving experience that goes beyond expectations, redefining the very concept of luxury in the electric vehicle segment. This launch sets a new benchmark in the world of electric mobility and marks a continuation of Hyundai's strong presence in the Egyptian market. It also represents a significant milestone in GB Auto's strategy to drive innovation within Egypt's automotive industry by introducing unique models that blend advanced technology with the highest standards of quality. With the arrival of this electric vehicle, GB Auto reaffirms its commitment to the future of transportation and to fulfilling customer expectations, thereby further solidifying its leadership in the automotive market. The IONIQ 5N will be available at an official price of EGP 3,750,000. Fadi Mohsen, Vice President of Hyundai at GB Auto, stated, 'We are thrilled to introduce the new Hyundai IONIQ 5N to the Egyptian market. This launch marks a significant milestone in our vision to provide a diverse range of innovative and sustainable transportation solutions. At GB Auto, we are confident that the future of mobility lies in electric vehicles, and the IONIQ 5N perfectly embodies this vision, combining outstanding performance with state-of-the-art electric vehicle technology.' Performance of Hyundai IONIQ 5N: The all-new Hyundai IONIQ 5N combines cutting-edge technology and exceptional performance, as highlighted by its powerful specifications. The vehicle features a Permanent Magnet Synchronous Motor (PMSM) with front power of 166 kW / 175 kW (with N Grin Boost) and rear power of 282 kW / 303 kW (with N Grin Boost), offering a combined power of 448 kW / 478 kW (with N Grin Boost). This results in a combined horsepower of 600.7 HP / 640.9 HP (with N Grin Boost), delivering a thrilling driving experience. The front torque is 350 NM / 370 NM (with N Grin Boost), while the rear torque reaches 390 NM / 400 NM (with N Grin Boost), resulting in a combined torque of 740 NM / 770 NM (with N Grin Boost). These impressive specifications position the IONIQ 5N as a true performance leader in the electric cars market. The vehicle is equipped with a Lithium-Ion battery with a capacity of 84 kWh, delivering impressive performance and an extended driving range. The charging system is highly versatile, allowing the battery to be charged from 10% to 80% in just 18 minutes using a superfast charger (350 kW), or in 7 hours and 35 minutes with a slow charger (10.5 kW)—making it suitable for various daily usage scenarios. Advanced Safety Systems in the Hyundai IONIQ 5N: The vehicle offers advanced safety specifications, having earned top ratings from multiple international safety organizations, including USA – NHTSA (5 Stars), USA – IIHS (TSP+), EU – EURO NCAP (5 Stars), and KNCAP (1st Grade). It is also equipped with the Hyundai Smart Sense Package, which includes a comprehensive suite of driver-assistance features such as LKA (Lane Keeping Assist) Line/ Road-Edge, LFA (Lane Following Assist), FCA (Forward Collision-Avoidance Assist), FCA-JX (Forward Collision Avoidance Assist – Junction), BSVM (Blind Spot View Monitor), and BCA (Blind-Spot Collision Avoidance Assist) – Rear, enhancing both driver and passenger safety on the road. Interior Features of Hyundai IONIQ 5N: The interior of the vehicle is thoughtfully designed to enhance both comfort and functionality. It features Alcantara Seats, providing a premium and sporty feel. The cabin is further refined with Metal Painted Inside Door Handles, adding a touch of sophistication. Convenience features include Front Sun visors with (Vanity Mirrors, Illumination & Sliding), along with Cargo Net Hooks to secure items in the trunk area. For a dynamic driving experience, the vehicle is equipped with Regen Paddle Shifters, allowing for adjustable regenerative braking. Exterior Dimensions of Hyundai IONIQ 5N: The exterior of the vehicle combines style and functionality with a range of premium features. It comes equipped with 21″ Alloy Wheels, offering a bold and sporty appearance. For added convenience and practicality, it includes a TMK (Temporary Mobility Kit). The design is further enhanced with O/S Flush Door Handles (Auto) and a sleek Black Glossy Beltline. Additionally, the vehicle features a Head-up Display (HUD), providing essential driving information directly within the driver's line of sight. Comfort and Entertainment Features in Hyundai IONIQ 5N: The vehicle is equipped with advanced technology and premium features to enhance the driving experience. It includes a Head-up Display (HUD), which projects key information directly onto the windshield for improved driver focus. The Acoustic Film Windshield helps reduce external noise for a quieter cabin environment. For exceptional sound quality, the vehicle features Premium Bose® Speakers, delivering an immersive audio experience. It's worth highlighting that Hyundai has established a strong legacy in the Egyptian automotive market over the past 20 years, becoming a leading brand renowned for its innovation and quality. Following impressive sales performance in 2024, Hyundai continues to solidify its position as one of the top-selling brands in Egypt. This ongoing success reflects the company's dedication to offering a diverse range of models that cater to the needs and aspirations of a wide customer base. Supporting this achievement is Hyundai's strategic partnership with GB Auto, complemented by comprehensive after-sales services and an extensive maintenance network spanning the country—ensuring customers enjoy a dependable and premium driving experience. ظهرت المقالة GB Auto Officially Launches the All-New Hyundai IONIQ 5N Electric Vehicle in Egypt أولاً على المفتاح الاقتصادي.
Economic Key
08-04-2025
- Automotive
- Economic Key
GB Auto Officially Launches the Hyundai IONIQ 6 in the Egyptian Market with Advanced Technology
Under the slogan 'Beyond Electric,' GB Auto, the exclusive distributor of Hyundai vehicles in Egypt, announced the official launch of Hyundai's latest electric vehicle in the Egyptian market, the IONIQ 6—the newest addition to Hyundai's lineup of electric models. This launch reaffirms GB Auto's commitment to leading the transition towards a sustainable future, placing innovation at the core of its strategy to deliver advanced electric mobility solutions that go beyond conventional vehicles. The IONIQ 6 embodies this holistic vision, offering the perfect balance of superior electric performance, technological efficiency, and environmental sustainability to meet the needs of Egyptian consumers. To mark the launch, the IONIQ 6 will be available for a limited time with a special offer of up to EGP 150,000, with official prices starting from EGP 1,790,000. In that regard, Fady Mohsen, Hyundai Vice President at GB Auto, stated that the launch of the IONIQ 6 reflects GB Auto's strategy of bringing the latest technological innovations to the Egyptian market. He stated: 'At GB Auto, we strongly believe in the importance of adopting environmentally friendly technologies. This model reinforces our vision for a more sustainable future that aligns with global trends.' Mohsen added: 'GB Auto is committed to providing full support to IONIQ 6 customers through an extensive network of service centers and showrooms across the country. As part of its strategy, GB Auto is also working on developing an electric charging infrastructure in collaboration with specialized partners, making the ownership and operation of electric vehicles more convenient.' The IONIQ 6 feature a dynamic design that balances elegance with practicality. Its well-proportioned dimensions ensure optimal comfort for users, with a length of 4,855 mm, width of 1,880 mm, height of 1,495 mm, and a wheelbase of 2,950 mm, enhancing stability while driving. Additionally, it offers a spacious 401-liter trunk capacity for added convenience. Electric Performance The IONIQ 6 is powered by a Permanent Magnet Synchronous Motor (PMSM) delivering up to 325 hp, with an optional all-wheel-drive (AWD) system that enables acceleration from 0 to 100 km/h in less than 5.1 seconds. The model offers multiple rear-motor configurations, starting at 111 kW in the base variant and reaching 168 kW in higher trims. The rear motor's power output begins at 151 hp in the entry-level version and increases to 229 hp in the top-tier models. Additionally, all IONIQ 6 models provide a strong and consistent torque of 350 Nm, ensuring smooth acceleration and high efficiency in various driving conditions. The vehicle is equipped with a 77.4 kWh Lithium-Ion battery, depending on the trim, offering multiple power options to suit different needs. Its maximum driving range reaches up to 614 km. The Hyundai IONIQ 6 also boasts ultra-fast charging capabilities, enhancing its practicality for daily use and long journeys. It supports 350 kW fast charging, allowing the battery to charge from 10% to 80% in just 18 minutes, delivering unmatched convenience and speed. Additionally, a 50 kW fast charging option is available, which takes up to 73 minutes, depending on the model. Safety Features Alongside its advanced technology, the Hyundai IONIQ 6 offers the highest safety standards, earning a 5-star rating from the NHTSA, as well as the TSP+ rating from IIHS in the United States and EURO NCAP in Europe—a testament to Hyundai's commitment to providing a safe and reliable driving experience. Additionally, the vehicle has achieved Level 1 certification from KNCAP, further confirming its outstanding performance in global safety tests. The IONIQ 6 is equipped with a comprehensive suite of safety and driver-assistance systems, including Lane Keeping Assist, Lane Following Assist, FCA (Forward Collision Avoidance Assist), BCA (Blind Spot Collision Avoidance Assist), BSVM (Blind Spot View Monitor), and PCA (Parking Collision Avoidance Assist- Reverse). These features enhance driving confidence and safety in various conditions. Premium Interior for an Exceptional Driving Experience The Hyundai IONIQ 6 offers a luxurious and comfortable interior, featuring high-end materials and advanced amenities that elevate the driving experience. It comes with premium seats for both the driver and front passenger, ensuring maximum comfort—especially on long journeys. Additional features include a driver's seat memory function, heated and ventilated seats, and high-quality interior finishes such as metallic door handles. The vehicle is also equipped with front sun visors with mirrors, illumination, and sliding function. Exterior Features The IONIQ 6 boasts a sporty and modern exterior design, highlighted by 20-inch sporty alloy wheels that enhance its dynamic appearance. It also features power-folding electric side mirrors for ease of use, a rear spoiler for improved aerodynamics, and aero wiper blades. Additionally, the vehicle is equipped with LED headlamps for enhanced visibility and safety, along with a panoramic sunroof that adds to its premium appeal. Entertainment & Comfort Features The vehicle includes a 12.3-inch infotainment screen and a Heads-Up Display (HUD) for an immersive driving experience. It is also fitted with a 6-speaker premium audio system by Bose, complemented by active sound design technology to ensure crystal-clear sound inside the cabin. Furthermore, the IONIQ 6 is equipped with a 360-degree camera, providing a comprehensive view to enhance safety and convenience while driving. The launch of the IONIQ 6 is a key step in Hyundai's transition to fully electric vehicles by 2030, aligning with Egypt's Vision 2030, which emphasizes sustainable development and the transition to clean energy. With this vehicle, GB Auto is opening the door for Egyptian consumers to enter a new era of mobility that goes beyond efficiency and innovation, making the IONIQ 6 the perfect choice for those seeking a combination of performance, technology, and sustainability. تم نسخ الرابط
