10-year corporate bonds of up to 6 billion yuan to recover from a slump in its business performance in the first half of 2011. Raised fund will be used for business operations and to pay back bank borrowings to reduce its short-time liabilities. On August 26 BYD Auto and Hertz, a major American car rental company, concluded a long-term partnership agreement, under which BYD will provide its self-developed e6 electric vehicle for Hertz's car renta...

OEM Plants  Updated at: 2025/07/18

ze, premium sedan, and this will be the first model change since 2011. It uses Hyundai’s new cascading grille that was adopted for the new i30 in September for its exterior. 4 engines will be available at launch: 2.4L and 3.0L gasoline engines, a 2.2L diesel engine, and LPi 30 LPG-spec engine for rental cars. The 3.0L gasoline engine and 2.2L diesel engine will both be mated to an 8-speed AT to improve fuel economy and driving performance. On t...

OEM Plants  Updated at: 2025/07/14

o Zhejiang Pulangte Electric Vehicle Co., Ltd. (Pulangte) at Chery’s Kaifeng Plant. On May 11 Chery Automobile Henan Co., Ltd. (Karry), a subsidiary of Chery Auto, launched the Yoyo EV and Youjin EV in Zhengzhou City, He’nan Province. Karry also signed a cooperation agreement with 8PIMA, an NEV rental company. It held a ceremony for their first purchase order of 1,000 Yoyo EV units. On June 21, the new Chery Jetour X95 SUV rolled off the line...

OEM Plants  Updated at: 2025/06/23

bly plant on April 8, following that at the Oshawa plant which had started V6 version production in March. The Impala was the top seller at 169,351 units in the large sedan segment, ahead of the Dodge Charger, at 82,592; Ford Taurus, 74,375. But the bulk of Impala sales - about 70 percent - were to rental agencies and other fleet customers. GM launched a $279-a-month lease for 36 months with $2,799 down on the 2014 Impala LT with a V-6 engine in ...

OEM Plants  Updated at: 2025/06/13

vestments of more than BRL 500 million for an exclusive area in the Resende complex. Final assembly of the models will take place on the same line as the MAN TGX. On August 17, Volkswagen Caminhões e Ônibus announced it has received an order for 1,350 trucks from the Vamos Group in Brazil for its rental operations. The order, which covers 20 different vehicle models and will be delivered from August to December 2020, is the largest ever negotia...

OEM Plants  Updated at: 2025/06/06

der this measure. On June 1, Renault informed that it is to offer KANGOO ZE and MASTER ZE for full purchase (electric vehicle battery included) from June 5, 2018. All versions of KANGOO ZE and MASTER ZE will be available to customers for either full purchase or with the electric vehicle battery for rental. Full purchase KANGOO ZE or MASTER ZE will cost EUR 7,400 (VAT excluded) more than a model with lease agreement, regardless the model. On June ...

OEM Plants  Updated at: 2025/05/27

olid-state batteries SAIC Motor puts fuel cell vehicles into commercial operation SAIC Z-One forges alliance with ADI for audio and video solutions SAIC Motor partners with OPPO to launch vehicle-smartphone integration solution SAIC Motor joins hands with Sinopec and CATL to establish power battery rental company SAIC and COSCO Shipping enhance partnership COSCO to hold 5.82% stake in SAIC Motor SAIC AI LAB launches first Level 4 Autonomous Drivi...

OEM Plants  Updated at: 2025/05/23

4,099,500,000.00 (According to data from Thailand Department of Business Development (DBD)), mentioning its business type as “Manufacture of other motor vehicles”, with business operations include production, import, export, design, assembly, research and development, purchasing, distribution, rental of cars, machinery, engines, automotive parts, batteries, Telecommunications equipment, Synthetic materials including spare parts and equipment...

OEM Plants  Updated at: 2025/05/21

ll receive 100 units of the V80, a mini-bus with a long wheelbase for 16 passengers sold under the Maxus brand. The mini-bus will be exhibited at a motor show in Thailand and then put in the market in May 2014. The vehicle will be sold to governments, media companies, schools, private companies and rental car businesses. On February 28 SAIC Motor Commercial Vehicle unveiled the G10 MPV, a new model of the SAIC Maxus Datong brand. The G10 has been...

OEM Plants  Updated at: 2025/05/21

bly plant on April 8, following that at the Oshawa plant which had started V6 version production in March. The Impala was the top seller at 169,351 units in the large sedan segment, ahead of the Dodge Charger, at 82,592; Ford Taurus, 74,375. But the bulk of Impala sales - about 70 percent - were to rental agencies and other fleet customers. GM launched a $279-a-month lease for 36 months with $2,799 down on the 2014 Impala LT with a V-6 engine in ...

OEM Plants  Updated at: 2025/05/13

increase its cumulative sales of new energy vehicles to 500,000 units by 2020. Lifan will construct energy stations for battery replacement at 500 locations across China over the next five years. The company will construct them at 13 locations in 2015. Lifan also plans to start an electric vehicle rental business and expand the scale of the rental business to 300,000 new energy vehicles by 2020. Lifan Industry (Group) Co., Ltd. will construct li...

OEM Plants  Updated at: 2025/05/08

2014. Renault Samsung held a test-ride event for the media commemorating the launch of the SM3 Z.E. electric vehicle (EV). The company plans to produce 4,000 SM3 Z.E. EVs in 2014. Of them, 10% will be sold to government and public agencies, 10% for general households, and the remaining to taxi, car rental, and car sharing business operators. Sales target for the taxi operators has been set at 2,000 units, expecting an increase in the purchase by ...

OEM Plants  Updated at: 2025/05/08

ties will leverage their advantages in mobility to construct a smart mobility service system and enhance services through smart cars and technologies in order to create a future mobility ecosystem. Volvo delivered 1,000 units of its S90 luxury sedan to iZU. Those vehicles will be used for long-term rental and ride-hailing businesses. On December 3, Volvo Car's 100,000th S90 came off the assembly line at its Daqing Plant. On April 25, Volvo Cars i...

OEM Plants  Updated at: 2025/04/25

, respectively. The LT Smart, LT and LTZ, all with a 2.2-liter diesel engine and in an all-wheel-drive configuration, are priced at KRW 32.04 million, KRW 32.90 million and KRW 35.76 million, respectively. GM Korea has released the LPGi model of the Chevrolet Malibu mid-sized sedan designed for car rental businesses. The company has already introduced the Spark LPG van and the Orlando for car rental companies as part of its strategy to increase i...

OEM Plants  Updated at: 2025/04/16

greement with the pharmaceutical company Vetter for the gradual acquisition of about 40 hectares of the former Ford site. In the first phase, Vetter will secure the previously undeveloped areas of the Ford site and plans to establish a new pharmaceutical production facility there in the future. The rental agreements have been signed between Ford and gwSaar to cover the current and future use of the areas. On January 24, Ford was reported to be in...

OEM Plants  Updated at: 2025/04/01

by a 2.0-liter turbo-charged engine mated to an 8-speed automatic transmission with a manual mode. The powertrain generates maximum output of 180 kW and maximum torque of 350 Nm. BMW Brilliance Automotive started on May 15 to rent the 1E electric vehicle, the first model of the Zinoro brand. Daily rental fee is CNY 400. Monthly fee is CNY 11,000 on a one-year contract, CNY 9,000 on a two-year contract and CNY 7,400 on a three-year contract. Long...

OEM Plants  Updated at: 2025/04/01

ng and other fields to jointly build intelligent automotive products. On September 17, Geely cooperated with AutoNavi. On May 9, Geely Technology Group (Geely Tech) established a joint venture (JV) with Daimler Mobility Services GmbH (Daimler Mobility). The JV has a business scope that includes car rental, electricity supply, installation/maintenance/operation of charging piles, and online car reservation. It has a 50:50 registered capital of CNY...

OEM Plants  Updated at: 2025/03/28

model from China. Bookings have been made available at the ongoing 46th Bangkok International Motor Show (BIMS 2025). In December 2023, Honda announced that it had commenced the first production line for the e:N1 at the Prachin Buri plant. The model was made available locally in 2024 only through a rental program with leading local car rental companies. Announced on December 15, Honda Automobile (Thailand) Co., Ltd. has commenced its first produc...

OEM Plants  Updated at: 2025/03/26

ation (IPC) released the new FRR and FVM midsize trucks of the F-series. Their maximum loading capacity and the price are 7.45 tons and PHP1.95 million, and 18.38 tons and PHP3.1 million, respectively. Meanwhile, Isuzu Philippines announced a leasing program of Isuzu trucks in cooperation with Orix Rental Corporation (ORC). Through ORC, IPC will start leasing NHR and NKR, with monthly rent of approx. PHP36,000. IPC intends to increase its truck s...

OEM Plants  Updated at: 2025/03/10

arrangements to 2028. The current contract will expire in four years from now. In order to strengthen their business partnership even further, they made the decision prior to the expiration date. Their joint venture, BMW Brilliance Automotive Limited, has established an R&D center in 2013 and begun rental business based on its first Zinoro-brand model, the 1E, in April 2014. The JV is also planning to launch a new engine plant in 2016. The new en...

OEM Plants  Updated at: 2025/02/21