Egypt's FEC, TRAIN partner to support food exporters    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Sri Lanka's expat remittances up in June '25    EU–US trade talks enter 'decisive phase', German politician says    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GM Egypt investments $10 million to manufacture the Chevrolet Move in Egypt
Published in Daily News Egypt on 29 - 07 - 2012

GM Egypt celebrated the launch of the first locally assembled Chevrolet Move Mini passenger van sharing the confidence of the international companies in the recovering Egyptian economy as well as recognizing the skillfulness of the Egyptian Manpower. The New Mini passenger van is assembled by GM Egypt supported by a US$10 million investment in the plant, tools and fixtures.Diplomats, Suppliers, key leaders from Industry and the Public sector, the Media along with the employees of General Motors Egypt and SGMW, attended the celebration of this significant milestone.
GM Egypt plans to produce around 5000 vehicles annually to be sold in Egypt. The CKD kits for the Chevrolet Move will be supplied by SGMW, a joint venture between SAIC Motor Corporation Limited, Liuzhou Wuling Motors Co Limited and GM China. Additional body styles based on the Chevrolet Move platform are planned to be produced in Egyptin accordance with General Motor's Production & Quality standards to meet the needs and expectations of the Egyptian consumers.
The launch of Chevrolet Move follows the joint announcement last year by SGMW and GM Egypt, of their agreement tocommence assemble of the first SGMW vehicle outside of China and that at the GM Egypt plant. This agreement reflects the confidence of SGMW in the Egyptian Automotive market underpinned by a positive outlook of a strengthening Egyptian economy. Furthermore, this also signifies SGMW's confidence in the capability of Egyptian manpower to assemble the Chevrolet Move following GM Production and Quality standards.
Mario A. Spangenberg – President and Managing Director of GM Egypt and North Africa- commented: “the launch of the new ChevroletMove today marks a new milestone in the company's history. We are proud of the strategic alliance between GM Egypt and SGMW who have recognized GM Egypt's achievements in offering vehicles of high quality to our customers over the past 27 years.”
The Chevrolet Move is the ideal choice for cargo and passenger transportation businesses. It will also appeal to private owners who have a need to carry more than 4 passengers comfortable, regularly. The Chevrolet Move comes with a number of features which are rarely found in this class of vehicle; namely modern design, spacious interior and overall economic performance. It is powered by a 1.2l 16 valve DOHC electronic fuel injection engine generating 85 horse power. Coupled with a 5 speed manual transmission, this combination provides optimal fuel economy.
Encapsulated in its modern design, the Chevrolet Move offers class leading interior space accommodating up to 8 passengers. Convenience features such as air-conditioning, power steering, Radio/CD, electric windows and remote locking are also available.
When it comes to safety, the Chevrolet Move offers a number of safety features guaranteeing the safety of the passengers on the different Egyptian roads All the specifications signify the Golden Chevrolet bowtie promise – trust and peace of mind motoring.
The Chevrolet Move will be sold through Mansour Automotive's nationwide distribution network guaranteeing the best after sales service and support.


Clic here to read the story from its source.