Egypt's ICT sector a government priority, creating 70,000 new jobs, says PM    Egypt's SCZONE, China discuss boosting investment in auto, clean energy sectors    Tensions escalate in Gaza as Israeli violations persist, humanitarian crisis deepens    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, World Bank explore expanded cooperation on infrastructure, energy, water    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt, China's Jiangsu Fenghai discuss joint seawater desalination projects    Egypt's FRA issues first-ever rules for reinsurers to boost market oversight    LLC vs Sole Establishment in Dubai: Which is right for you?    French court grants early release to former President Nicolas Sarkozy    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Egypt's Al-Sisi, Russian security chief discuss Gaza, Ukraine and bilateral ties    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Egypt's private medical insurance tops EGP 13b amid regulatory reforms – EHA chair    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.