Egyptian German Automotive Company
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The Egyptian German Automotive Company, or short EGA, is an Egyptian car assembler who is located in the
6th of October City 6th of October ( ar, السادس من أكتوبر, Al Sādis Min Uktōber; arz, ستة اكتوبر, Setta Oktōbar) is a city in Giza Governorate, a satellite town and part of the urban area of Cairo, Egypt, 32 km (20 miles) outside the ...
. It was founded by engineer Samy Saad and the former
Daimler-Benz The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufactu ...
CEO Jürgen Erich Schrempp as a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
to assemble vehicles of the
Mercedes-Benz Mercedes-Benz (), commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquarte ...
brand. The management of the 1996 founded firm is assumed by the Daimler AG who has given it to Markus Schäfer. As of 2015, following the political and economic turmoil in Egypt, assembly of Mercedes-Benz passenger cars has ceased. Since then, the company has been offering sub-assembly for other Automotive assembly plants in Egypt. Brake Disc Machining The brake discs machining plant started operation in 2002, basically covering the local content requirements for locally assembled vehicles, as well as minor spare parts supply to Daimler AG in Germany. In 2010, the plant expanded its capacity to 900,000 units annually, supplying Daimler AG with spare parts for a wide range of brake discs, covering recent passenger car models, historical classics and modern commercial vehicles. Export of brake discs has been ongoing since then to Daimler AG warehouses in Germersheim, Germany, as well as commercial vehicles unit in Kassel, Germany. A product Development and validation facility (dynamometer) has been amended to the plant. In 2014, the company was validated as VW Group supplier. Partner companies EGA is partially owned by National Automotive Company (NATCO), a major player in the Egyptian automotive market. EGA is a 25% shareholder in a newly-found Grey Cast Iron foundry; Egyptian Kuwaiti Foundry (EKF), which is located nearby, and was established mainly to manufacture raw brake discs and drums for local and global markets.


References


External links


Official website of the Egyptian German Automotive CompanyOfficial website of Mercedes-Benz Egypt
{{Automotive industry in Egypt Car manufacturers of Egypt Mercedes-Benz Group joint ventures 6th of October (city) Vehicle manufacturing companies established in 1996 Egyptian companies established in 1996