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GM Egypt to produce the Chevrolet Move in 2012; first SAIC-GM-Wuling vehicle assembled outside of China

Green Car Congress

SAIC-GM-Wuling (SGMW) announced today that the assembly of its Chevrolet Move—sold as the Wuling Rong Guang in China—will be assembled at General Motors Egypt starting in the third quarter of 2012. The Chevrolet Move will be the first Chinese vehicle assembled by GM in Egypt and the first SGMW vehicle assembled outside China.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

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