ZAP took 51% of Jonway Auto’s stock

Thu, 02/03/2011 - 09:24 — Michał Hadyś

The American automotive company, ZAP, recently completed its purchase of Zhejiang’s Jonway Auto. The merger was announced by ZAP’s CEO Steve Schneider at the Chengdu Auto Forum in late 2010 and is the first instance of a Chinese automotive company being majority owned by an American company. Although Jonway is a small company, they are prepared for the big time – they have achieved ISO 9000 certification and have over 3.6 million square feet of factory space.

ZAP took 51% of Jonway Auto’s stock which will see Jonway Auto renamed ZAP Jonway. Jonway are aiming for sales of 10,000 units in 2011, sales hit 7000 units in 2010 – these seem like small numbers but in contrast to 2009 sales when Jonway sold just 4000 vehicles. As a newly minted local automaker, Jonway is finding it hard to hit the big time in a highly competitive market, but by working with ZAP they will be able to develop new energy vehicles such as an electric variant of the A380 SUV which they are hoping to sell to taxi fleets.

Jonway Auto also managed to make their A380 vehicle one of the official fleet cars at the American Pavillion at last years World Expo in Shanghai.

Source: China Car Times

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Will Great Wall Motor invest in Lublin?

Wed, 05/16/2012 - 16:27 — Michał Hadyś

The news about potential investment of Great Wall Motor was revealed by Dziennik Wschodni, which relying on the direct information from the local government. According to newspaper, GWM considers assembly passenger car and commercial vehicles in the former Daewoo’s factory. Representatives of Chinese company visited Poland with the Prime Minister of China in late April. Is there any chance to implement a new project?

BYD Auto and announce of the new bestseller

Tue, 05/15/2012 - 20:50 — Michał Hadyś

BYD unveiled two new exciting models – the "F3 Plus" and the Dual Mode "Qin" at 2012 Beijing International Auto Show. This year's Auto show theme was "Innovate and Excel" and BYD did both displaying 3 new break-through technologies in their new vehicles. The BYD Qin is an intelligent, next-generation, highly-efficient dual-mode electric vehicle that uses BYD's new, innovative Dual Mode II system with improvements over the first generation's F3DM system.

Polish traders afraid of Chinese pickups?

Mon, 03/19/2012 - 17:56 — Michał Hadyś

Polish traders are not interesting of Chinese pickups. This conclusion stems from fast dropping prices of the model ZX Auto Grandtiger produced in 2011. Dealers which has decided distributing of the car compete together who give the lowest price. Grandtiger, which normally costs less then 17,000 EUR* (without taxes) for the best version with two airbags, air conditioning and metallic color, currently is offered for 13,350 EUR*. It is very competitive price, because is equipped with Hyundai’s 2.5l (170 hp) diesel engine and three year warranty.

40 Chinese car were registered in Poland in 2011

Mon, 01/30/2012 - 18:07 — Michał Hadyś

The registration data provided by IBRM Samar show, that only 40 Chinese cars were registered in Poland in 2011. Although this result isn’t impressive, it is more twice than in 2010, when the number of registrations was 19. For comparison, a Samar reported 13 units of models „made in China” in 2009, so Polish market is growing up.

Poland

Foton Tunland enters to Poland

Sun, 01/15/2012 - 20:37 — Michał Hadyś

Beiqi Foton will debut on the Polish market later this year. One of the biggest Chinese producer of commercial vehicles is building sales network. Although we don’t know the official Foton’s offer, we can suppose that only new cars with European homologation and Euro 5 norm can appear on the Polish streets. Foton has only one model which meets our expectations. It is a newest pickup named Foton Tunland (code P201).

Foton
Poland

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