Meeting of Minister of Trade and Industry Nevine Gamea and CEO of Mercedes-Benz Egypt Gerd Bitterlich in May 2022. Bitterlich said that Mercedes-Benz views Egypt as a promising market so that it raised the number of its agents in the country to five, having a total of 12 showrooms. It also introduced the production of GLE-class and GLS-class cars four-wheel cars. Al Nasr Automotive Company and the National Automotive Company (NATCO), signed in March a shareholders' agreement to establish the first company specialized in the distribution and sale of electric cars in Egypt. The National Automotive Company (NATCO) is the owner of the largest distribution network of Mercedes-Benz cars in Egypt, and it owns seven showrooms and service centers spread in Cairo, Giza, Alexandria, the North Coast and Hurghada.
