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Bavarian Auto Group

From Wikipedia, the free encyclopedia

Bavarian Auto Group
المجموعة البافارية للسيارات
Company typeCompany
IndustryAutomotive industry
FoundedMarch 2003
FounderH.E. Dr. Issa Al Kawari
DefunctNovember 2022
FateBought out and renamed Global Auto Group
Headquarters
Cairo
,
Egypt
Area served
Egypt
Key people
Farid El Tobgui
ProductsAutomobiles
Number of employees
1700
Websitewww.bag-eg.com

The Bavarian Auto Group (BAG) was an assembler and distributor of motor vehicles in Egypt. It was founded in 2003, by the Issa Al-Kawari, the financial manager of the Qatari royal family[1] (99%), and Egyptian investor Farid al-Tobgui (1%), who was appointed as BAG's CEO.[2] BAG was known for assembling complete knockdown kits (CKD) of a selection of BMW vehicles for the local market in its assembly plant in 6th of October City, Giza from 2004, in addition to importing other fully built BMW models as well as MINI vehicles.[3][4][5] BAG had assembly and distribution partnerships with other manufacturers including Mahindra & Mahindra, Brilliance, Jinbei, and Great Wall.[6] In 2022, BAG investors were bought out by a consortium comprising BMW importers and distributors in Kuwait, Ali Alghanim & Sons Automotive, and Saudi Arabia, Mohamed Yousuf Naghi Motors, and local investors in Egypt, Al-Organi Group and Al-Safi Group.[7] BAG was renamed as the Global Auto Group, and a new BMW and MINI assembly, import and distribution agreement was signed with BMW Group in November 2022.[7] The group has announced the start of assembling luxury models of the BMW brand locally.[8]

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Transcription

Al Fotouh Company for Vehicle Assembly

The Al Fotouh Company for Vehicle Assembly or short ACVA, was the first step from BMW to manufacturing its vehicles in Egypt alone. It was founded in November 1999 in a small provisional assembling plant near to the current BAG plant. The production line were adopted from the former Egyptian BMW manufacturer Modern Motors in Cairo.

BAG products

BMW

Former Models

Brilliance Motors

Current models

Former models

JinBei

  • JinBei Cargo Van 99 Model 2005–present
    JinBei Cargo Van 99 Model
    2005–present
  • JinBei Cargo Van 2003 Model 2005–present
    JinBei Cargo Van 2003 Model
    2005–present

Mahindra

References

  1. ^ "Plundering of DR Congo natural resources: Final report of the Panel of Experts (S/2002/1146) - Burundi | ReliefWeb". reliefweb.int. Retrieved 2023-04-22.
  2. ^ "Two investors compete for majority stake in BMW's Egypt agent". Enterprise. Retrieved 2023-04-22.
  3. ^ "BMW production returns to Cairo". MEED. 2003-11-20. Retrieved 2023-04-22.
  4. ^ "BMW Group und Partner Bavarian Auto Group eröffnen Montagewerk und Händlerbetriebe in Ägypten". 2004-05-10. Archived from the original on 2016-05-28. Retrieved 2023-04-22.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  5. ^ "BAMC Profile". 2022-02-27. Archived from the original on 2022-02-27. Retrieved 2023-04-22.
  6. ^ "About Bavarian Auto Group". 2015-02-05. Archived from the original on 2015-02-05. Retrieved 2023-04-22.
  7. ^ a b Release, Press. "Global Auto appointed BMW Group Importer in Egypt". www.zawya.com. Retrieved 2023-04-22.
  8. ^ "BMW assembly operations starts officially in Egypt". 2023-01-19. Archived from the original on 2023-03-29. Retrieved 2024-02-22.

External links

This page was last edited on 7 April 2024, at 15:33
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