Scope Investment expanded into the automotive sector in 2018 through a strategic partnership with Al Mansour Automotive, securing the Peugeot distributorship in Egypt. The joint venture, ManSco, successfully revitalized the French brand's market presence. This initiative is part of Scope Investment’s broader diversification strategy, reinforcing its commitment to innovation and global growth.
Scope Automotive is dedicated to supporting Electric Vehicles (EVs), paving the way for a cleaner and more sustainable future. In doing so, it will create a holistic ecosystem of automotive fleets, manufacturing plants, leasing, and new dealerships to empower people to make sustainable choices without compromising on performance or convenience.
ManSco is a joint venture between Scope Investment and Al Mansour Automotive (Egypt) that launched in 2018 exclusive distributorship rights for French brand Peugeot in Egypt. Prior to this distributorship, Peugeot had a presence in the Egyptian market, but its sales and after-sales services were suboptimal. With the aim to reinstate the French brand, ManSco achieved a market share of 8% within four years of operations, resulting in significant performance improvements and substantial market presence for Peugeot in Egypt. Key achievements:
