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Commercial vehicle registrations in Europe down 12.4% in 2012, 23.4% in December

Green Car Congress

In December, new commercial vehicle registrations continued the downward trend which prevailed throughout 2012, amounting to 125,825 units, according to the European Association of Automobile Manufacturers (ACEA). in Italy, -21.3% in Italy, -21.3% less than in 2011. in Italy, -21.7% in Italy, -21.2%

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Registrations of commercial vehicles in EU down 11.8% in March, 9.6% in 1st quarter

Green Car Congress

In March, new commercial vehicle registrations dropped by 11.8%, totaling 184,235 units in the EU, according to the European Automobile Manufacturers’ Association (ACEA). In total, the EU recorded 451,244 new commercial vehicles. New Light Commercial Vehicles up to 3.5t. and Italy by 37.7%. in Germany, 5.8%

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

According to the terms of the definitive agreements, ZAP has the right to acquire the remaining 49% of Jonway Auto at the same valuation by 30 March 2011 or at a then current valuation after that date. Jonway’s volume manufacturing capacity gives ZAP a strong manufacturing base with the means of commercializing its innovative EV technologies.

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