2010, Automobile Manufacturer and Dealers

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2010

Automobile Manufacturer

Dealers

ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

SEPTEMBER 20, 2010

The boards of directors for ZAP and Jonway Auto approved and signed the merger agreement on 2 July 2010. Jonway Auto reported annual revenues of approximately US$40 million in 2009 and approximately US$20 million for the first quarter of 2010. million in cash.

China

China Auto Market Automobile

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

AUGUST 4, 2009

GM dealers delivered 189,443 total vehicles in July, a 19.4% The first new 2010 Ford Taurus sedans were delivered at the end of July, as well as the first Transit Connects. Hybrids had an especially good month, with reported sales jumping 31.8% Hybrid gains were largely due to an increase in Prius sales (up 29.7% Click to enlarge.

Cash For Clunkers

Cash For Clunkers Sale Hybrid Dodge

EV Driven

ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

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