Remove Automobile Remove Egypt Remove Manufacturer Remove Market
article thumbnail

Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. In 2009, Geely bought the Australian transmission manufacturer Drivetrain Systems International (DSI) and then in 2010 Geely purchased Volvo Car Corporation from Ford.

2012 225
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. as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. million in cash. —Steve Schneider, CEO of ZAP Jonway.

China 218
article thumbnail

AvtoVAZ launches 3 concepts at Moscow Motor Show; collaboration with Renault-Nissan

Green Car Congress

The move comes on the heels of AvtoVAZ-Renault-Nissan becoming the fourth largest manufacturer of automobiles worldwide following several successful moves by Rostec. Together, the new automotive alliance set up a joint manufacturing process in AvtoVAZ''s home town of Togliatti, Samara Oblast, Russia, in 2012.

Nissan 218
article thumbnail

More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year.

Green 52