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Egypt After-Sales

GB Auto operates Egypt’s largest and

fastest-growing network of after-sales

service centers for Passenger Cars,

Motorcycles & Three-Wheelers, and

Commercial Vehicles & Construction

Equipment.

GB Auto operates Egypt’s largest and

fastest-growing network of after-

sales service centers for passenger

cars, motorcycles & three-wheelers,

and commercial vehicles & construc-

tion equipment. For passenger cars,

the company is the leading service

provider for Chery passenger cars in

its home market. After-sales is a vital

component of the company’s Motor-

cycles & Three-Wheeler division and

is a key differentiator for GB Auto in

Egypt as motorcycle & three-wheeler

customers place importance on the

availability of spare parts and service

centers. The Commercial Vehicles &

Construction Equipment business

unit is also supported by a robust

after-sales framework that extends

GB Auto’s total care model to custom-

ers, offering GB Auto customers a

nationwide network of owned-retail

showrooms including 14 after-sales

service centers.

2016 Business Review

The After-Sales division proved suc-

cessful in FY16, with management ex-

pecting the division to remain highly

profitable and continue yielding ex-

cellent returns. GB Auto intends to es-

tablish additional after-sales outlets

in new locations, such as Upper Egypt

and the North Coast, to meet the ever-

increasing capacity that has nearly

doubled over the last two years. The

division has already launched a

night-shift operation at its Ring Road

Katameya branch— the first in Egypt

— starting from 5 pm until midnight

and running seven days a week. The

new shift complements the branch’s

existing quick-service operation and

will help absorb increased demand.

Passenger Cars

Investments made to upgrade and ex-

pand GB Auto’s network of after-sales

workshops for passenger cars have

proven fruitful throughout the year,

with the Passenger Cars After-Sales

division posting strong growth fig-

ures and very healthy margins. Rev-

enues from After-Sales operations

in Egypt reached LE 826.2 million,

reflecting a 45.2% y-o-y increase over

FY15, while gross profit rose 59.4% y-

o-y to LE 262.0 million, with a gross

profit margin of 31.7%, up 2.8 percent-

age points over last year.

5.4

%

2016 ANNUAL REPORT

36

Our Business Units