Ghabbour Group
Ghabbour Group مجموعة غبور
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legal form | Sharikat al-Mossahamah |
ISIN | EGS673T1C012 |
founding | 1960 |
Seat | Cairo , Egypt |
management |
Raouf Ghabbour ( CEO ) Nader Ghabbour ( COO ) Dina Ghabbour ( CBDO ) Colin Sykes ( CFO ) |
sales | approx. 201,400,000 Egyptian pounds |
Branch | Vehicle production |
Website | www.ghabbourauto.com |
The Ghabbour Group (also GB Auto or AUTO.CA on the Egyptian stock exchange) is an Egyptian vehicle manufacturer with headquarters in Cairo .
Company history
The import company Ghabbour Brothers was founded in 1960 by the brothers Kamal and Sadek Ghabbour.
Vehicles of the brands Chevrolet , Buick and Cadillac were introduced . With the economic success, the company could be expanded quickly. In order to minimize import costs, construction of the company's own factory began that same year and the first vehicles rolled off the assembly line a few years later.
Today the manufacturer also builds motorcycles, three-wheeled vehicles from the Indian manufacturer Bajaj Auto and, since 2002, trucks for the African continent. Around 150,000 units are produced per year, and the market share of vehicles sold in Egypt is 25 percent. This makes the Ghabbour Group the largest automobile manufacturer in the Middle East .
On June 25, 2008, the Ghabbour Group agreed a joint venture with the Brazilian MVC Marcopolo , for which a plant was specially built in the city of Suez . The opening ceremony took place on August 20, 2008. The production capacity is 1,500 units per year of production, which is to be increased to 8,000 units by 2014. Among other things, the plant is intended to expand the range of Volvo trucks . The first vehicle from the new plant is the Volvo B9R Oreon .
Model overview
![](https://upload.wikimedia.org/wikipedia/commons/thumb/c/cd/Iraqi_police_vehicles.jpg/220px-Iraqi_police_vehicles.jpg)
Chevrolet
Fuso
Hyundai
- Hyundai Accent
- Hyundai Accent Sport
- Hyundai Atos Prime
- Hyundai Elantra
- Hyundai Elantra SE
- Hyundai Getz
- Hyundai H-1
- Hyundai H-1 Van
- Hyundai H100 pick-up
- Hyundai i30
- Hyundai i30 CW
- Hyundai Matrix
- Hyundai Nova
- Hyundai Santa Fe
- Hyundai Sonata
- Hyundai Tucson ix35
- Hyundai Verna
- Hyundai Verna Star
- Hyundai Verna Viva
Volvo trucks
- Volvo B9R Oreon
- Volvo FH
- Volvo FL6
- Volvo FM
- Volvo Splendido (B12B bus type GVW)
Largest holdings
- Ola Lotfy Zaki Wahba (8.4%)
- Sulaiman Bin Abdul Mohsen Bi Abanmy (6.7%)
- Lord Abbett & Co. LLC (0.3%)
- Investec Asset Management Ltd. (0.1%)
- Swedbank Robur AB (0.1%)
- Government of the Arab Republic of Egypt (0.1%)