INTERVIEW-Egypt's GB Auto moves to fast lane, boosts output

Newswire

* Boosts production capacity to 90,000 cars by mid-2010 * Sees Egypt's car sales rising to 200,000 units in 2010 * Shares up 50 pct in 2010, company to pay 1 EG pound div By Sherine El Madany CAIRO, March 31 (Reuters) - Egyptian vehicle maker GB Auto , hammered by the global financial crisis last year, will ramp up production as the market steers toward a recovery in 2010, with car sales set to hit a record this year. The company, Egypt's biggest listed automobile assembler, will ...

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