GB Auto has added Chery vehicles to its brand portfolio after signing a tripartite cooperation agreement with Chery International of China and Aboul Fotouh Automotive. GB Auto will exclusively distribute Chery-brand vehicles through its nationwide network in Egypt.
“The addition of Chery to our portfolio of brands complements our existing Korean, Japanese and Chinese passenger car offerings at ideal price points, setting us all to grow together in Egypt’s exciting automotive market,” GB Auto Chairman and CEO Raouf Ghabbour said in an official statement issued by the company.
AF Automotive will continue to assemble Chery models at its Egyptian facilities, while GB Auto will be exclusively responsible for order planning, marketing and distribution. GB Auto will also assume responsibility for all after sales services such as maintenance, providing spare parts, and warranty for the vehicles.
Over 70,000 Chery vehicles were sold by Aboul Fotouh Automotive since 2006.