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Commercial Vehicles and
Construction Equipment
GB Auto’s Commercial Vehicles business unit distributes
imported and locally assembled trucks and buses in Egypt.
The division assembles Fuso and Volvo buses as well as
Fuso trucks at plants in Sadat and Suez (home to the newGB
Polo factory), and distributes Volvo heavy trucks and YTO
tractors in Egypt. GB Auto also manufactures and distrib-
utes semi-trailers and super-structures under its Commer-
cial Vehicles line.
The company’s bus segment produces a full range of trans-
portation solutions, including maxi buses, or coaches, with
a maximum capacity of 55 passengers; midi buses (30-38
seats); mini buses (24-29 seats); micro buses (17 seats); and
micro-micro buses (7 seats).
GBAuto’s Commercial Vehicles linemarkets heavy-,medium-
and lightweight trucks for fleet operators, contractors, large in-
dustrial operators andgovernment agencies throughout Egypt.
The Commercial Vehicles unit, more than any other GBAuto
operation, demonstrates the group’s capabilities as a manu-
facturer. With the exception of the chassis, the company
designs andmanufactures complete buses at its facilities. At
these production facilities, GB Auto produces the Fuso RP
coach, the Fuso Cruiser mini and medium-sized buses, the
Volvo-model tourismbuses, and the new-generationMarco-
polo bus range, which was introduced in 2014.
GB Polo, the company’s joint-venture with global giant Mar-
copolo, is home to a 5,000 unit-per year capacity (potential
capacity, based on two shifts daily), state-of-the-art bus body
manufacturing facility targeting local and export markets.
GB Polo produces buses covering all applications (micro,
mini, midi, city, school/labor, intercity, and coach) and the
facility utilizes almost 285,000 square meters of land.
GBPolowas conceived as amove to capture export opportuni-
ties in bus field manufacturing by utilizing GB Auto’s quality
standards and relatively low-cost, highly-trained workforce
in combination with Marcopolo’s 65-year history of success-
fully developing technological and innovative concepts for
full transportation solutions and setups in key markets world-
wide. The addition of the Iveco chassis has also proved to be a
further boost to the strength of GBAuto’s Bus division.
GB Auto’s Construction Equipment business unit includes
earth moving equipment, road machinery, and power
generators distributed in Egypt under distribution agree-
ments with Volvo Construction, SDLG, and AKSA. The
group markets its heavy-duty equipment line to public and
governmental customers, as well as to private sector compa-
nies, and the company is exploring options to expand this
segment into other key regional markets.
The Commercial Vehicles and Construction Equipment busi-
ness unit is supported by financing through GB Lease as well as
a robust after-sales framework that extends GB Auto’s total care
model to customers of this key LOB. This business unit offers
GB Auto customers throughout Egypt a nationwide network of
owned-retail showrooms including 13 after-sales service centers.
2015 Business Review
The Commercial Vehicles and Construction Equipment line
of business saw total revenues and gross profit rise by 45.5%
and 79.3% y-o-y respectively during FY15, owing mainly to
a renewed drive for public- and private-sector investments in
Egyptian infrastructure, helping GB Auto maintain a healthy
order pipeline throughout the year and deliver a total of 450
buses to the Egyptian Public Transport Authority.
During the year, GB Polo delivered the first Cairo Transport
Authority (CTA) buses assembled on Volvo chassis to a
committee of CTA inspectors, who approved the order upon
first inspection. The successful delivery of that order has
helped strengthen GB Polo and GB Auto’s market standing
in the city bus segment and is a testament to GB Auto’s abil-
ity to benefit from the sharing of knowledge and expertise,
delivering world-class standards to the local market.
Management is optimistic about the LOB’s performance going
forward, and GBAuto is expected to continue delivering units
to the Transport Authoritywell into the second half of 2016.
Meanwhile, Trucks reporteday-o-ydrop involumes, impacted
by currency shortages in the third and fourth quarters of the
year. Management expects new product offers, that now cater
to high- and low-end segments, to help ramp-up the division’s
performance during 2016, especially as greater investments are
made in infrastructure andother development-relatedprojects.
24 | GB Auto |
2015
Our Business Units and Brands