General Motors Egypt: Difference between revisions
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General Motors Egypt (جنرال موتورز مصر , or short GM Egypt) is an Egyptian joint stock company established under the Egyptian Investment Law. |
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'''General Motors Egypt S.A.E.'''<ref>{{cite web|url=http://car-cat.com/firm-360.html |title=Opel in Egypt |publisher=car-cat.com |accessdate=2010-07-22}}</ref> ({{lang|ar|جنرال موتورز مصر}}, or short '''GME''') is a car and motor vehicle manufacturer based in [[Maadi]], [[Cairo]], [[Egypt]]. The company's car factory is located in the [[6th of October City]] and is one of the direct neighbors of the [[Egyptian German Automotive Company]].<ref>{{cite web|url=http://www.gmegypt.com/ |title=General Motors Egypt S.A.E. |publisher=car-cat.com |date= |accessdate=2010-07-22}}</ref><ref>http://wikimapia.org/1331856/ar/جنرال-موتورز-مصر</ref> Despite its name, the company is not a part of the [[General Motors|General Motors Company]], but only a [[joint venture]] with the local importer and car dealer [[Al-Monsour Automotive|Al-Monsour Automotive Company]].<ref>{{cite web|url=http://www.almansourauto.com/MansourAutomotive/GeneralInformation.aspx |title=Al-Mansour Automotive Egypt |publisher=almansourauto.com |date= |accessdate=2010-07-22}}</ref> Al-Monsour is the largest shareholder and with more than 1,000 workers the official owner and operator of the plant. |
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GM Egypt is one of the first private automotive manufacturers in Egypt, established in 1983 and commenced production in 1985 and is considered to be one of the largest industrial facilities in 6th of October city. |
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Production began by commercial vehicles followed by passenger vehicles under the same disciplined supervision and expertise. Nowadays, the company assembles and manufactures light and medium duty trucks, minibus, and passenger vehicles. |
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GM Egypt relies on various countries for its CKD assembly kits that are used in production; the main sources are Japan, Thailand, Korea and Ukraine. |
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[[Image:Chevrolet LUV 02.JPG|thumb|left|Chevrolet T Series]] |
[[Image:Chevrolet LUV 02.JPG|thumb|left|Chevrolet T Series]] |
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Revision as of 19:31, 29 May 2011
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| Company type | Joint Venture |
|---|---|
| Industry | Automotive industry |
| Founded | 1983 |
| Headquarters | , |
Key people | Rajeev Chaba (Chairman & MD)[1] |
| Products | automobiles, motor vehicles, trucks |
| Owner | 33%: Egyptian Investors 31%: General Motors Corporation 20%: Isuzu Motors Ltd. 16%: Saudi Investors |
Number of employees | 1,300 + |
| Website | www.gmegypt.com |
General Motors Egypt (جنرال موتورز مصر , or short GM Egypt) is an Egyptian joint stock company established under the Egyptian Investment Law. GM Egypt is one of the first private automotive manufacturers in Egypt, established in 1983 and commenced production in 1985 and is considered to be one of the largest industrial facilities in 6th of October city. Production began by commercial vehicles followed by passenger vehicles under the same disciplined supervision and expertise. Nowadays, the company assembles and manufactures light and medium duty trucks, minibus, and passenger vehicles. GM Egypt relies on various countries for its CKD assembly kits that are used in production; the main sources are Japan, Thailand, Korea and Ukraine.
After eight years of successful cooperation with the U.S. American General Motors starting in 1975, the dealer made a proposal to build a production plant in Egypt. So the company was founded in the same year. One year later, the plant was opened in an internal opening ceremony. At the official plant opening in 1985 the first cars rolled off the company's production line. The opening speech was given by his Excellency and State President Muhammad Hosni Sayyid Mubarak.[2] In 1987, continuous production finally started. The company was at this time only active as an automotive supplier. The first product was the chassis for the Isuzu TF which was assembled locally by another car assembler as the Chevrolet T Series. In their own plant, production of the Chevrolet Mini Bus began, which was based on the same platform. In 1993, the Mini Bus was replaced by the Opel Vectra. In the following year, GM Egypt began the assembling of the CKD imported Opel Corsa.[2]
In 1996 the 100,000th vehicle left the production plant. In the same year, GM Egypt was honored by General Motors as the best producer of Opel vehicles worldwide, on account of the production quality of the vehicles. In the following year, the company achieved an annual production capacity of 24,225 units.[2]
In 1998, two models were replaced by their newer generation. The old Isuzu TF was replaced by the new Isuzu Rodeo and the Chevrolet T Series was replaced by the identical Chevrolet Frontera. After 72 months of manufacturing of the successful Opel Vectra, GM Egypt improved the quality of the model and hoped this would achieve higher sales. The old model was now only faced as the new generation. For the exhibited posters and TV commercials participating in the American University Annual Advertising Competition, the GME was awarded with the bronze medal. ISO 9002 certification followed in 1992. In 2000 the Opel Astra was adopted to the model lineup which was an CKD assembled model also. A short time later, the production of the 200,000th vehicle was celebrated. In 2001, GME received its second certification to ensure a safe and healthy working environment in accordance with ISO 14001. In the same year the contract with the Al-Monsour Automotive Company expired which was subsequently replaced by a new contract.
General Motors Egypt began the full manufacturing of the Opel Astra Sedan and Opel Corsa Sedan in 2002.[3] The Opel Vectra was renewed to its current generation at this time. As import models the Chevrolet Aveo and Chevrolet Optra was launched in the Egyptian market in 2005. New vehicles manufactured by GME are the models Chevrolet Crew Cab and the identical Chevrolet T Series. Their own production of the Chevrolet Aveo began in 2007 at the GME plant. One year later GME began manufacturing the Daewoo Lanos in different luxury versions parallel to the sporty model versions from the Speranza manufacturing. In 2009 GME began making the Chevrolet Captiva, Chevrolet Cruze and the Chevrolet N200. The last of these is exported to South American markets. The import models since 2009 are the Chevrolet N Series and the Opel Astra.
References
- ^ http://www.gmegypt.com/content_data/LAAM/ME/en/GBPME/999/EG/gm_management_big.html
- ^ a b c Satyam. "History of General Motors Egypt S.A.E." gmegypt.com. Retrieved 2010-07-22.
- ^ "Opel. Opel In Egypt". Car-cat.com. Retrieved 2010-07-22.
External links
- Official website of the General Motors Egypt S.A.E. (Arabic & English; Microsoft Internet Explorer Internet Explorer 7 or higher recommended)