Bavarian Auto Group Explained

Bavarian Auto Group
المجموعة البافارية للسيارات
Type:Company
Foundation:March 2003
Founder:H.E. Dr. Issa Al Kawari
Defunct:November 2022
Fate:Bought out and renamed Global Auto Group
Location City:Cairo
Location Country:Egypt
Area Served:Egypt
Key People:Farid El Tobgui
Industry:Automotive industry
Products:Automobiles
Num Employees:1700

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. The group has announced the start of assembling luxury models of the BMW brand locally.[8]

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

Mahindra

External links

Notes and References

  1. Web site: Plundering of DR Congo natural resources: Final report of the Panel of Experts (S/2002/1146) - Burundi ReliefWeb . 2023-04-22 . reliefweb.int . en.
  2. Web site: Two investors compete for majority stake in BMW's Egypt agent . 2023-04-22 . Enterprise . en.
  3. Web site: 2003-11-20 . BMW production returns to Cairo . 2023-04-22 . MEED . en.
  4. Web site: 2004-05-10 . BMW Group und Partner Bavarian Auto Group eröffnen Montagewerk und Händlerbetriebe in Ägypten . 2023-04-22 . 2016-05-28 . https://web.archive.org/web/20160528135527/https://www.press.bmwgroup.com/deutschland/article/detail/T0006600DE/bmw-group-und-partner-bavarian-auto-group-er%25E3%25B6ffnen-montagewerk-und-h%25E3%25A4ndlerbetriebe-in-%25E3%2584gypten . bot: unknown .
  5. Web site: 2022-02-27 . BAMC Profile . 2023-04-22 . 2022-02-27 . https://web.archive.org/web/20220227151648/http://www.bag-eg.com/BAMCProfile.aspx . dead .
  6. Web site: 2015-02-05 . About Bavarian Auto Group . 2023-04-22 . 2015-02-05 . https://web.archive.org/web/20150205155221/http://www.bag-eg.com/AboutUs.aspx . dead .
  7. Web site: Release . Press . Global Auto appointed BMW Group Importer in Egypt . 2023-04-22 . www.zawya.com . en.
  8. Web site: 2023-01-19 . BMW assembly operations starts officially in Egypt . 2024-02-22 . https://web.archive.org/web/20230329025234/https://www.egypttoday.com/Article/3/122001/BMW-assembly-operations-starts-officially-in-Egypt . 2023-03-29.