Latest news with #KasrawyGroup
Economic Key
21-05-2025
- Automotive
- Economic Key
:Kasrawy Group Launches Jetour T1 and Locally Assembled X70 Plus
Kasrawy Group, the exclusive distributor of Jetour in Egypt, celebrated the official launch of the Jetour T1 in the Egyptian market, along with the introduction of the locally assembled Jetour X70 Plus. The event also featured the signing of a sponsorship agreement with Al Ahly Sporting Club and the announcement of exclusive offers across all Jetour models available in Egypt. Featuring key performances by Tamer Hosny and Mahmoud El Esseily, the event prominent figures including Lamia Mokhtar, Assistant Minister of Investment and International Cooperation, Mr. Zhang Tao, Chargé d'affaires of the Chinese Embassy in Cairo, Mr. Dai Lihong, Vice President of Chery Auto and President of Jetour International, Mr. Andy Wang, Vice President of Jetour International, Captain Mahmoud El Khatib, President of Al Ahly Sports Club, Mr, Ayman Hussein, Chairman of Al-Ahly Club Company. The ceremony also welcomed a number of Al Ahly players, renowned celebrities, and hosted the Kasrawy team, including Mr. Mohamed El Kasrawy, President of Kasrawy Group and Vice President Mr. Eslam El Kasrawy, as well as Eng. Mostafa Hussein, Vice President of Kasrawy Group Automotive Sector. During the star-studded celebration, Eslam El Kasrawy, Vice President of Kasrawy Group stated: 'Since becoming the exclusive distributor for Jetour in Egypt in 2023, we have adopted a clear strategic vision aimed at establishing a strong presence in the local market. This vision has borne fruit, with Jetour emerging as one of the fastest-growing SUV brands in Egypt.' 'This success reflects the Group's commitment to offering an integrated customer experience that begins with the purchase and extends to after-sales service, supported by a wide network of showrooms and service centers across the country—ensuring easy access, high performance, and customer comfort'. Eslam further emphasized that the success in customer satisfaction was made possible by the group's focus on human capital development, offering top-tier training for sales and service teams to ensure professional customer service aligned with international standards. Moreover, Eslam pointed out that the growing demand for Jetour vehicles in Egypt stems from a carefully planned growth strategy, supported by expansion policies, new investments, and the launch of innovative models tailored to market needs. He also stressed that Kasrawy Group's core strategy is to strike a balance between high quality and competitive pricing, positioning Jetour as a top choice for customers seeking performance, comfort, and reliability. In a surprise reveal, Seif El Kasrawy, Jetour Brand Manager at Kasrawy Group, announced price discounts on select Jetour models, marking the launch of local manufacturing of the brand. The discounted prices, valid for one month, apply to the following models: • Jetour X70 Plus: EGP 1,434,000 (down from EGP 1,479,000) • Jetour X90 Plus: EGP 1,664,000 (down from EGP 1,764,000) • Jetour Dashing 1.5L: EGP 1,439,000 (down from EGP 1,519,000) • Jetour Dashing 1.6L: EGP 1,639,000 (down from EGP 1,689,000) Mr. Dai Lihong, Vice President of Chery Auto and President of Jetour International, began his keynote stating: 'We are proud of our strategic partnership with Kasrawy Group, which has proven to be a reliable partner with the vision, expertise, and professionalism needed to take the brand to new heights. Kasrawy's efforts have directly contributed to strengthening our presence and achieving significant growth in the Egyptian market within a short period.' Mr. Lihong further emphasized that: 'The Egyptian market plays a crucial role in Jetour's regional expansion plans. Launching the Jetour T1 in Egypt is a key strategic milestone, and we are confident this model will thrive locally thanks to its modern design, advanced technologies, and powerful performance that meets the expectations of today's Egyptian consumers. The T1 is not just a car—it's a real-world expression of our commitment to offering smart, safe, and comfortable mobility solutions.' 'We look forward to continuing our collaboration with Kasrawy Group to solidify Jetour's position as a leading brand in Egypt and to introduce more innovative, high-quality, and value-driven models,' Lihong concluded. Kasrawy Group revealed that the all-new Jetour T1 will be priced at EGP 1,725,000, while the locally assembled Jetour X70 Plus comes at EGP 1,195,000. Jetour Sponsors Al Ahly Until 2026 to Support Sports Development In a strategic move that reflects its commitment to sports and Jetour brand presence in Egypt, Kasrawy Group hosted the signing ceremony of a sponsorship agreement between Jetour and Al Ahly SC, extending through the 2025/2026 sports season. This partnership with one of the most popular and successful clubs in the Middle East, such as Al Ahly Club, is part of the Group's vision to connect the Jetour brand with Egyptian audiences and to promote sports as a vital pillar in community development and reinforcement of positive values. The initiative is part of a broader strategy to associate the Jetour brand with success and ambition—values that Al Ahly embodies—making this sponsorship a strong platform for further brand expansion and customer trust. Jetour T1 Officially in Egypt: A Globally-aligned Driving Experience The Jetour T1 boasts smart design, a spacious tech-packed cabin, and premium options such as plush leather seats, dual-zone automatic climate control, and a panoramic sunroof. The T1 Luxury variant offers ventilated front seats for added comfort, and rear seat folding that expands cargo area capacity to 1,455 liters. The car's interior merges elegance with intelligent functionality. The T1 is powered by a 1.5L turbocharged engine generating around 184 hp, paired with a 7-speed dual-clutch transmission for smooth performance and strong acceleration. The Comfort trim offers front-wheel drive for efficient daily commuting. It features a massive 15.6-inch central touchscreen display powered by a snappy Qualcomm Snapdragon chipset for smooth operation, and a 10.25-inch digital driver display with high-resolution real-time driving information. The cutting-edge infotainment system supports Apple CarPlay and Android Auto, and includes a built-in wireless charger pad in the console for easy connectivity and added convenience. In terms of safety, the T1 includes multiple airbags, ABS brakes, electronic brakeforce distribution, Electronic Stability Control, Tire Pressure Monitoring System, and a 540-degree panoramic camera for enhanced visibility while driving and parking. Jetour X70 Plus: Localizing Automotive Manufacturing in Egypt The Jetour X70 Plus is a family-focused 7-Seater SUV with a distinctive design and three flexible rows. The second row is adjustable to enhance third-row comfort, and the rear seats can be folded to increase luggage space, making it ideal for long family trips. It features a 1.5L turbocharged engine with approximately 156 hp and a 7 DCT transmission, offering a smooth and stable driving experience—even on long journeys—thanks to its extended wheelbase and well-balanced suspension system. The X70 Plus has a modern exterior with a bold front grille and dynamic LED lighting. Inside, it features two 10.25-inch digital screens for driving info and infotainment control, with Apple CarPlay and Android Auto compatibility. Advanced safety features include lane departure warning, blind-spot monitoring, tire pressure monitoring, airbags, and anti-lock braking system (ABS). ظهرت المقالة : Kasrawy Group Launches Jetour T1 and Locally Assembled X70 Plus أولاً على المفتاح الاقتصادي.
Egypt Independent
21-05-2025
- Automotive
- Egypt Independent
PM: Egypt eyes greater coop. with China to localize EV manufacturing
CAIRO, May 20 (MENA) – The Egyptian state attaches great importance to localizing the electric vehicle manufacturing, and is looking forward to cooperating with China on such an important file, especially in light of China's position as an EV market leader, Prime Minister Mostafa Madbouly said. Madbouly made the remarks during a meeting with Dai Lihong, president of Jetour Global, a Chinese sport-utility vehicle maker, in the presence of Minister of Industry and Transport Kamel el Wazir, Chairman of Egypt's Kasrawy Group, the exclusive local agent for Jetour, Mohamed el Kasrawy, and a great host of senior government officials and representatives of the Egyptian and Chinese companies. The auto industry is a top priority under the state's vision for industrial growth, the prime minister said, citing the enactment of a special law to stimulate the localization of vehicle manufacturing, especially electric cars. He noted that under an agreement signed today between Kasrawy Group and the Chinese company, the new car models of Jetour T1 and T2 will be assembled locally for the first time. The government is now focusing on increasing local component ratio in assembling the new Jetour models, and any other future models, the premier said. President Abdel Fattah al-Sisi pays great importance to the localization of electric vehicle manufacturing, the prime minister added, citing presidential directives that any investor wishing to establish an electric vehicle plant in Egypt will be given a government guarantee to buy a certain share of the production for five years. Meanwhile, Jetour Global chief said the $123 million agreement signed today for establishing an assembly facility in Egypt will be implemented over three phases, noting that the first phase targets 45 per cent of local component, which will be increased to 55 per cent and 60 per cent during the second and third phases, respectively. Earlier today, Egypt's Kasrawy Group signed a $123 million agreement with Chinese automaker Jetour to locally assemble Jetour T1 and T2 cars. the deal was signed at the Cabinet headquarters in the New Administrative Capital. (MENA)
Zawya
21-05-2025
- Automotive
- Zawya
Kasrawy, Jetour to establish $123mln factory to assemble Jetour models in Egypt
Arab Finance: Automakers Kasrawy Group and Jetour inked an agreement to develop a new factory to locally assemble the Jetour T1 and T2 models, with an investment of $123 million, according to a statement. Prime Minister Mostafa Madbouly stated that the joint deal marks a significant move forward in the localization of the automotive industry in Egypt. To be established on an area of 86,000 square meters in the 6th of October Industrial Zone, the new factory will include three production lines for welding, painting, and final assembly. Its production will cover the local market's needs, with a portion allocated for export. The factory will offer around 1,500 job opportunities. On his part, Mohamed El Kasrawy, Chairman of Kasrawy Group, announced the launch of the locally-assembled X70 Plus Jetour model, with an annual production capacity of 5,000 vehicles. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Economic Key
16-04-2025
- Automotive
- Economic Key
Kasrawy Launches Locally-Made Citroën C4X in Egypt
Kasrawy Group, the exclusive distributor of Citroën in Egypt, today officially announced the launch of the new locally assembled Citroën C4X. The new Citroën C4X will be assembled at the Arab American Vehicles (AAV) factory in Cairo, a facility of the Arab Organization for Industrialization (AOI), in collaboration with Stellantis—Citroën's parent company. This milestone highlights Egypt's ability to meet global manufacturing standards, and reflects the strong partnership between the private sector and national institutions in advancing local automotive production. It also reinforces Kasrawy Group's commitment to strategic growth in Egypt, in line with the national vision to localize vehicle manufacturing and elevate the local automotive industry through world-class quality and innovation. Kasrawy Group unveiled the new Citroën C4X's features, available to Egyptian consumers in two trim levels: the entry trim 'Feel', comes well-equipped with Citroën signature comfort features and safety technologies. While the premium 'Shine' version offers premium styling touches such as a panoramic sunroof and advanced driver assistance features. With starting prices of EGP 1,289,000 for the Feel trim and EGP 1,449,000 for Shine, the C4X enters the compact crossover segment as a strong contender, reinforcing Citroën's commitment to offering European quality at accessible prices for the Egyptian market. 'We are proud to introduce the new Citroën C4X—now built by Egyptian hands. This milestone reflects our confidence in the strength and potential of the Egyptian market and reaffirms our mission to expand locally and deliver high-quality vehicles supported by local capabilities,' said Eng. Mostafa Hussein, Vice President of Kasrawy Group Automotive Sector. 'Our partnership with Stellantis continues to focus on customer-centric strategies, from local production and access to cutting-edge technology through AOI facilities, to competitive pricing and exceptional after-sales service. This launch marks the beginning of a new chapter in Egypt's automotive landscape—where global innovation seamlessly merges with local expertise to deliver vehicles truly 'Made in Egypt'.' Similarly, Hesham Hosny, Managing Director of Stellantis Egypt, emphasized: 'The local assembly of the new Citroën C4X is a strategic move that puts the Egyptian customer first. Local manufacturing not only ensures more stable pricing in a dynamic market, but also enables faster parts availability, and more responsive after-sales support through Kasrawy Group's extensive network. This initiative reflects Stellantis' unwavering commitment to supporting Egypt's industrial progress and to delivering vehicles tailored specifically to local conditions—whether through performance on Egyptian roads or climate-adapted air conditioning. By assembling the C4X locally, we can better meet the growing demand, shorten delivery times, and enhance overall customer experience, making the C4X more accessible and reliable for Egyptian drivers.' The new C4X is powered by a 1.2-liter turbocharged PureTech engine producing 130 horsepower and 230 Nm of torque, mated to an 8-speed automatic transmission. The design merges the sophistication of a fastback sedan with the practicality and elevated stance of an SUV, offering spacious interiors and a generous 510-liter trunk. Since becoming Citroën's exclusive distributor in Egypt in May 2019, Kasrawy Group has driven remarkable growth by revitalizing the French brand through new model launches, competitive pricing, and improved aftersales services. In 2020, Citroën Egypt recorded the highest global growth rate outside France, with a 166% market share increase and over 5,300 units sold—despite pandemic challenges—positioning Egypt as a key market in the brand's global strategy. Achieving this remarkable success in a short time helped reinforce Citroën's presence in Egypt, and position the Egyptian market as a key driver in the brand's global expansion strategy. Today, Kasrawy Group stands as one of Egypt's most prominent automotive distributors, known for its diverse portfolio of international automotive brands such as Citroën, Jetour, JAC, IVECO, and JAC Motors commercial vehicles. With a robust nationwide network of aftersales and distribution centers, the group continues to play a vital role in expanding Citroën's presence in Egypt, while contributing meaningfully to the transformation and growth of the local automotive sector. – End – About Kasrawy Group: Established in the 1970s, Kasrawy Group is known today as the exclusive agent of a wide range of international automotive brands in Egypt. The group boasts a vast network of car service centers and automotive showrooms across the country, ensuring exceptional and convenient customer service for all its clients. Kasrawy Group employs a team of highly-trained and dedicated calibres, known for their excellence in both sales and customer service, a key pillar for the group's track record of international recognitions and international awards for customer satisfaction. In 2009, the group was announced the exclusive agent for Golden Dragon, a prominent commercial vehicle brand; solidifying its reputation as a dominant force in Egypt's automotive market. Over the years, Kasrawy Group has continued to diversify and expand its portfolio, becoming the sole agent in Egypt for prestigious brands such as Citroën, Jetour, JAC in the IVECO, and JAC Motors commercial vehicles. تم نسخ الرابط
Economic Key
13-04-2025
- Automotive
- Economic Key
Kasrawy Group Named Exclusive Distributor for Luxury Electric Vehicle Brand AITO
Kasrawy Group, a leading distributor of global automotive brands in Egypt, has announced a new partnership with luxury electric vehicle brand AITO, to become its exclusive agent. Through this partnership, Kasrawy Group will introduce the luxury brand in Egypt for the first time to the Egyptian automotive market, as part of the group's strategy to expand its operations and fortify its presence in the automotive market. At the exclusive signing event, Eng. Mostafa Hussein, Vice President of Kasrawy Group Automotive Sector, highlighted the importance of this strategic partnership, citing years of success in sales, maintenance, and after-sales services and dedication to delivering the highest standards of quality and customer service. Moreover, he emphasized that the partnership with AITO displays Kasrawy's ability to rapidly evolve the automotive landscape embracing the latest technologies, in the electric vehicle sector. 'Kasrawy Group recognizes the importance of not just keeping pace with innovation but proactively adopting cutting-edge technologies. This led to the decision to partner with AITO, a globally recognized leader in the high-end mobility market, known for its significant international success. Through our partnership with AITO, we aim to revolutionize the luxury cars market in Egypt, offering consumers more choice with vehicles equipped with state-of-the-art technology for a modern driving experience,' said Eng. Hussein. Eng. Hussein elaborated on Kasrawy Group's commitment to providing the best services to its customers through a wide network of showrooms and service centers across Egypt, ensuring a distinguished and convenient purchasing and maintenance experience. Similarly, Mr. Wang Feng, Vice Chairman of Seres Group Overseas, owner of AITO luxury brand, expressed strong confidence in its partnership with Kasrawy Group, stating: 'AITO is a leading brand in the luxury electric and hybrid vehicles sector, providing smart and advanced solutions that meet the needs of consumers seeking high performance and cutting-edge technology. Through our partnership with Kasrawy Group, a leader in Egypt's automotive market, we expect our brand to gain significant traction across the country and meet the growing demand for advanced electric vehicles.' AITO is committed to delivering vehicles that blend luxury with energy efficiency, making them an ideal choice for customers who seek exceptional value while prioritizing environmental sustainability. The AITO brand offers four main models: 1. AITO M5: A compact luxury crossover launched in 2022. 2. AITO M7: A mid-size luxury SUV introduced in April 2022. 3. AITO M9: The largest model in the brand's lineup. 4. AITO M8: A large crossover vehicle. Since its establishment in the 1970s, Kasrawy Group has solidified its position as a leading player in Egypt's automotive sector, serving as the exclusive agent for a wide range of renowned brands such as Citroën, Jetour, JAC, and IVECO. With the addition of AITO to its portfolio, Kasrawy Group reaffirms its commitment to providing the latest innovations to its customers and strengthening its position in the Egyptian market as a leading provider of modern and sustainable mobility solutions. ظهرت المقالة Kasrawy Group Named Exclusive Distributor for Luxury Electric Vehicle Brand AITO أولاً على المفتاح الاقتصادي.
