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GM Egypt was founded in 1983 and started production two years later. GM has 31% interest and management responsibility in this joint venture company. Isuzu Motors holds 20%, and groups of Egyptian and Saudi private investors hold 33% and 16%, respectively.
The 6 October plant produces light commercial and medium pickup trucks with Chevrolet & Isuzu brand names as well as Opel passenger cars. During the first quarter of 2009 its production amounted to 13,000 units, say 30% of Egypt's total car production.
(C) 2009 Mena Report (www.menareport.com)
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