OUR HISTORY
EVER SINCE 1978
WHO IS ABOUL FOTOUH GROUP?
Aboul Fotouh has a positive reputational history of
Assembling Egypt’s leading car models
We have experience in the assembly of 6 brands, and our factory can assemble up to 7 models per line simultaneously. Aboul Fotouh Automotive was established in 1978 as the sole agent for BMW cars, motorcycles, and spare parts positioning BMW as the luxurious car of choice in the local market. Throughout the years the Company managed to establish and boost its rapport with customers by creating a sense of partnership, developing a high degree of brand loyalty and building a top reputation in the automotive market. From 1997 – 2023, the company sold more than 248,360 units and assembled more than 286,000 units.
1978
Aboul Fotouh Automotive was established in 1978 as the sole agent for BMW cars, motorcycles, and spare parts, positioning BMW as the luxurious car choice of in the market.
1992
Aboul Fotouh Automotive acquired Bombardier recreational product and vehicles franchise in Egypt.
1994
In 1994 the Company expanded into another passenger car segment by acquiring the Daewoo franchise in Egypt.
1995
In 1995, Aboul Fotouh Automotive (AFA) achieved a BMW market share of 3.2%, surpassing other German car brands, which were at 2.9%. AFA successfully maintained BMW’s market share in direct competition with other German brands until 2002. Additionally, it’s worth noting that AFA proudly assembled the first BMW car in Egypt and the second in all of Africa.
1997
Produced the first locally assembled BMW on a rented assembly line.
1998
AFA produced the first locally assembled Daewoo in owned plant.
1999
The first BMW was assembled in AFA owned Plant
2001
The introduction of the Daewoo brand to the Egyptian market was a great success despite Korean cars not being popular in the local market then, where it captured a 39% market share in 2001.
2002
In 2002, the Group established an in-depth review of all business portfolios.
2006
The first Chery (Speranza) range came out of the production line.
2008
Daewoo maintained a market share in the 20s in the following years until GM International took over Daewoo and gradually limited the supply of CKD until AFA delivered the jigs and fixtures to GM Egypt in 2008. Before the introduction of Chery (Speranza) the Egyptian consumer was wary of Chinese brands. However, the launch of Chery (Speranza) saw a remarkable waiting list solely due to the consumer’s trust in the AF name in the industry.
2009
Sold 82,000 of Chery (Speranza) since 2006 exceeding expectations to become the #1 Chinese brand in the local market, which captured 7.9% of the market share by 2009.
2010
Aboul Fotouh had a remarkable growth point in the Egyptian market by introducing M11 & M12 from the Speranza line, marking their Chinese territory in Egypt.
2013
Moving onward from our spectacular success with Speranza M11 & M12, Aboul Fotouh made a statement in the Chinese car world with the famous Chery Envy.
2014
We did not stop introducing new Chinese cars to the market, as by 2014, we were able to familiarize the Egyptian market with Tiggo 1.6 Facelift, becoming the first and only provider of this model in Egypt
2016
Following the facelift in April 2016, Chery (Speranza) held a leading market share with an expected volume of 11,000 units in that year.
2017
Having made huge success over the years by introducing new cars to the market, We expanded our success to expanding out product range in the factory. Aboul Fotouh proudly achieved their first Paint Jobs on commercial cars, including Zemex and Suzuki.
2022
With dedication and experience of 45 years, Aboul Fotouh proudly presents our assembly of two famous commercial vehicles: Golden Dragon & Foton. Both are assembled in our own factories by our own man power and team of experts.
