Speranza Motors, Ltd is an Egyptian auto manufacturer located in Corniche El Nil, Cairo. It is a part of the Daewoo Motor Egypt (DME) which itself belongs to the Aboul Fotouh Group. The company started in the early 1980s as an importer of Japanese cars. The assembly plant started its activities with the SKD manufacturing of Daewoo vehicles in 1998. Since 2008 the company is assembling vehicles of the Chinese brand Chery. So the company is known as Speranza Chery also.
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