Remove tag Reports
Remove Auto Remove Automobile Remove Dealers Remove Sale
article thumbnail

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

ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. million in cash.

China 218
article thumbnail

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

Green Car Congress

Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% Passenger car sales dropped 10.6% to 554, 527 units, while light truck sales dropped 14.1% Hybrids had an especially good month, with reported sales jumping 31.8%

article thumbnail

Coulomb Technologies to Provide 4,600 Free Home and Public Charging Stations Through ChargePoint America Program

Green Car Congress

First, each region had to be on at least one of the participating automakers list of target regions where their vehicles will be for sale during the program period. Individuals apply for the ChargePoint America program at the auto dealer or with the auto company where they purchase the new electric vehicle.

America 220
article thumbnail

New Chrysler Group LLC and Fiat Finalize Global Strategic Alliance; New Global Brand-Focused Structure

Green Car Congress

Similarly, the United Auto Workers’ Retiree Medical Benefits Trust, a voluntary employees’ beneficiary association trust (VEBA) has been issued an equity interest in Chrysler Group equal to 55% on a fully diluted basis. Fong will be the lead executive for the Sales organization with enterprise-wide responsibility. Earlier post.).

Chrysler 150
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Our PRIUS+ Project Photos PHEV Resources Global Warming Take Action News and Events Contact Us How Carmakers are Responding to the Plug-In Hybrid Opportunity If you ask, "have major auto-makers come around on PHEVs?", Establishing dealer network. todays answer is "Yes -- but not yet." Ford Escape PHEV-40 around 2012.

Plug-in 45
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

is hoping to launch the Volt in late 2010 with a price tag of about $40,000. ’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site.

Volt 42
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

BYD 62