JERUSALEM, Sept. 5 (Xinhua) — Chinese electric cars will be sold for the first time in Israel starting in the first quarter of 2020, as an Israeli dealership will offer models of GAC Motor, China's leading auto maker, the Hebrew-language newspaper Yedioth Ahronoth reported on Thursday.
The GAC Motor electric car models that will be sold in Israel are Aion S and Trumpchi GE3.
Aion S, a compact sedan car, was unveiled in November 2018 by GAC NE, GAC Motor's energy vehicle arm.
The length of the Aion S is 4.77 meters and its wheelbase is 2.75 meters. The 58.8 kWh battery capacity gives the Aion S a minimum driving range of 510 kilometers.
The Trumpchi GE3, launched in 2017, is a subcompact crossover SUV (sport utility vehicle) with a length of 4.35 meters and a wheelbase of 2.56 meters.
It is equipped with a 47-kWh battery and has a driving range of 310 km.
The Israeli importing company of GAC electric cars will be a new subsidiary of Union Group, a Toyota Israeli car importer ..
Author: World_Newz Mon
Toyota to invest over $300 mln in St. Petersburg plant by 2028, says Japanese PM
VLADIVOSTOK, September 5. /TASS/. Japan's Toyota Motor plans to invest additionally 20 bln rubles ($303 mln) in its facility in St. Petersburg by 2028, Japanese Prime Minister Shinzo Abe said at a plenary session of the Eastern Economic Forum on Thursday.
“Japanese companies are becoming increasingly interested in Russia. Toyota will invest additionally 20 bln rubles in its plant in St. Petersburg by 2028,” he said.
The Toyota Motor Plant in St. Petersburg was opened in 2007 and currently produces Camry and RAV4 models. Production capacity of the plant is 100,000 vehicles per year. Cars are supplied to the Russian market and exported to Kazakhstan and Belarus.
The fifth Eastern Economic Forum is being held in Russia's Vladivostok on September 4-6. Roscongress Foundation is the organizer of the event. TASS news agency is the event's general information partner, the official photo hosting agency and moderator of the presentation zone focusing on the Russian Far East's..
China’s iconic sedan brand Hongqi sees sales surge from Jan-Aug
CHANGCHUN, Sept. 5 (Xinhua) — Hongqi, a brand under China's leading automaker FAW Group, sold 52,000 cars from January to August this year, marking a 231-percent rise year on year, FAW Group said Thursday.
Hongqi is now selling six models including two sedans, two SUVs, an EV and a customized limousine.
The company has started to sell the Hongqi E-HS3, a pure electric sport utility vehicle model, which is priced between 225,800 yuan (around 32,000 U.S. dollars) to 265,800 yuan.
To provide better services for its customers, Hongqi has built more than 100 experience centers across the country.
Hongqi sold a total of 33,028 cars in 2018.
Hongqi, meaning “red flag,” is China's iconic sedan brand. The brand was established in 1958 and has been used as the vehicle for parades at national celebrations.
It plans to launch up to 17 new models by 2025, including new energy models and SUVs.
Established in 1953 in the northeastern city of Changchun, FAW was the first automaker in China…
Turkey, Volkswagen close in on production plant deal – sources
Turkey is increasingly confident German carmaker Volkswagen will build a production plant in the country after an “extremely positive” meeting between a senior company official and President Tayyip Erdogan this week.
Embattled Entrepreneur Relinquishes CEO Job at Faraday Future
Entrepreneur and blacklisted debtor Jia Yueting is handing over the CEO role at Faraday Future, the U.S.-based electric vehicle (EV) startup he founded.Faraday Future has also kicked off a search for a new global chairman.In December 2018, a U.S. district court in California froze Jia’s 33% stake in Faraday Future and put a protective order on four pieces of property he owns in California, after a Chinese creditor filed a lawsuit against him.
Maruti Suzuki to shut operations at Haryana plants for 2 days
India’s biggest automobile manufacturer Maruti Suzuki on Wednesday said it has decided to shut down passenger vehicle manufacturing operations in two Haryana-based plants.Like most automakers in the country, Maruti Suzuki is also facing a slump in sales and recorded a 33 per cent drop in sales in August.
Faraday Brings in BMW Veteran to Prolong Improbable Comeback Bid
Faraday Future, the electric-vehicle upstart that was on the brink of insolvency last year, hired a BMW AG veteran to lead efforts to finally bring its debut car to market and raise more money.
German carmaker Audi misses deadlines for engine software updates: reports
BERLIN, Sept. 3 (Xinhua) — Volkswagen subsidiary Audi has missed several deadlines and even failed to “submit all necessary paperwork” for most of the affected diesel cars, the German business newspaper and broadcaster Bayerische Rundfunk reported on Tuesday.
Citing from a government response to a parliamentary inquire by Germany's Green Party, Handelsblatt and Bayerische Rundfunk reported that Audi was considerably behind schedule in removing software manipulations of Euro 6 and Euro 5 diesel vehicles.
According to the reports, Audi failed to provide application documents for many of Audi's car models and necessary software updates could not be approved by the German Federal Motor Transport Authority (KBA).
Audi's A8 luxury sedan with a 4.2-liter Euro 6 engine is also affected. The KBA had ordered a recalled of the car about two years ago, after the Environmental Action Germany (DUH) had found the highest nitrogen oxide values it ever measured for a Euro 6 vehicle.
Ger..
Electric Car Sales Fall for First Time After China Cuts Subsidy
Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market.
German automotive supplier Schaeffler resorts to short-time work
BERLIN, Sept. 2 (Xinhua) — German automotive and industrial supplier Schaeffler has reduced working time by an average 25 percent for about 250 of its 500 employees in the special machine construction sector at its Erlangen-Frauenaurach location, the company announced on Monday.
Schaeffler did not specify how long the new regime would last. The measure would be in effect “until further notice,” a company spokesperson said.
Last week, Schaeffler announced that as of Dec. 1, contracts of employees whose working hours had been increased from 35 to 40 hours per week would be reduced to the agreed 35-hour week.
Back in March, the company had presented an efficiency program that included the possibility of short-time work for its employees. At the time, Schaeffler had also said that it would cut 700 jobs in Germany.
According to Schaeffler, the measures were the result of a number of external and internal factors that had led to a significant weakening of the EBIT (earnings before interest ..