Remove tag
Remove Automobile Remove Italy Remove Market Remove Production
article thumbnail

Fiat Group and Guangzhou Automobile Group Creating JV for Chinese Market

Green Car Congress

The agreement was signed in Rome by Zhang Fangyou, Chairman of GAC Group, and Sergio Marchionne, CEO of Fiat Group, in the presence of the President of the People’s Republic of China, Hu Jintao, and the Prime Minister of Italy, Silvio Berlusconi. Fiat Group and Guangzhou Automobile Group Co. Tags: China Vehicle Manufacturers.

Chinese 199
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. Priscilla Lu, ZAP Board Chair.

China 218
article thumbnail

Fiat to provide Opel with Combo successor based on Doblo

Green Car Congress

The Automobile Sector of the Fiat Group and Adam Opel GmbH signed a contract agreement whereby Fiat will supply vehicles comprising of several variants to Opel commencing December 2011. They will be sold by Vauxhall and Opel dealers in Europe and other markets outside of North America starting in January 2012. Tags: Brief.

Turkey 218
article thumbnail

Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

In the first quarter of 2009, automotive production in Europe fell by 35% to 3.4 million vehicles, according to the latest Economic Report from the European Automobile Manufacturers Association (ACEA). Van (-57%) and truck production (-56%) dropped even more than the manufacture of passenger cars (-31%). Click to enlarge.

2009 150
article thumbnail

Western European Passenger Car Purchases Shifted to Higher Share for Small Cars, Lower Share for Diesels in 2009

Green Car Congress

The market share of smaller cars in Europe rose from 38.8% Significant change was also noted in the market shares of 4x4s (from 9.0% to 45.3%), according to figures from the European Automobile Manufacturers’s Association (ACEA) as published in its latest ACEA Economic Report. European production. fewer in Italy, 25.1%

2009 210
article thumbnail

Chinas Largest Euro-5 Diesel Engine Plant Comes Online; 300,000 Units in Phase 1, 1M Units Targeted

Green Car Congress

CCTV reports that the Haw Tai Motor Plant, China’s largest Euro-5 diesel engine plant, has gone into production in Inner Mongolia. Initial capacity for the plant, which is a subsidiary of Haw Tai Automobile , is 300,000 units in its first phase, with planned production to reach 1 million units. Tags: Brief. CCTV report.

Diesel 186
article thumbnail

It is good to be small as auto market stumbles

Green Cars News

As automotive production in Europe falls by a whopping 35 per cent, small cars have reached a new record high market share reflecting consumer concerns about the general economy and the environment. per cent, Italy down 38.6 per cent, Italy down 38.6 Nevertheless, small cars reached a market share of 44.9

Market 39