Dubi Ben-Gedalyahu On Thursday, February 12th, 2015

Israel Corp. officially cuts ties with Qoros

Israel Corporation (TASE: ILCO) is finally cutting its official ties with Chinese car co Qoros, a joint venture with Chery Automobile, in which it has invested $650 million over the past seven years to develop More...

Dubi Ben-Gedalyahu On Thursday, January 15th, 2015

Idan Ofer’s Qoros sells 7, 000 cars in China in 2014

Qoros is having problems with dealerships and brand penetration.   Auto manufacturer Qoros, controlled by Idan Ofer‘s Israel Corporation (TASE: ILCO) and Chinese auto maker Chery, sold 6, 967 More...

Dubi Ben-Gedalyahu On Tuesday, October 14th, 2014

Electric Car Innovator Shai Agassi in London Pursuing Global Ambitions

  In July, “Globes” revealed that Better Place founder and former CEO Shai Agassi is planning a comeback and is founding a new start-up. At the time, the story included only the name of the company, More...

Dubi Ben-Gedalyahu On Tuesday, September 2nd, 2014

Aston Martin Launches Israel Sales for $570, 000 Car

Another ultra-luxury car has entered the Israel auto market, As reported exclusively in “Globes” several months ago, the Auto Art company, owned by businessman Haim Danino, brother of More...

Dubi Ben-Gedalyahu On Sunday, July 6th, 2014

Shai Agassi set for comeback with Newrgy

– The electric public transport company will aim its efforts at government and municipal customers. – – A year after the liquidation of his Better Place electric car venture, entrepreneur More...

Dubi Ben-Gedalyahu On Thursday, March 6th, 2014

Israel Corp’s Joint Venture Qoros Presents The EBIKE Prototype In Geneva

– –  Israel Corporation (TASE: ILCO) and China’s Chery Automobile Company Ltd. joint venture Qoros has unveiled a prototype of a smart electric bicycle – EBIKE – at the Geneva More...

Dubi Ben-Gedalyahu On Wednesday, October 2nd, 2013

Israelis to bid for Subaru Romania franchise

– Fiat importer Michael Levy, and Shlomo Shmeltzer’s Shlomo Sixt will bid for the import franchise. – – Several Israelis are expected to bid for the Subaru import franchise in Romania. More...

Dubi Ben-Gedalyahu On Wednesday, October 2nd, 2013

Israel Corp’s Qoros to hold IPO in 3 years – report

–  Chinese sources say that the carmaker will go public in three years and Israel Corp. will probably spin off its stake in the company to a separate company. – – Qoros Auto Company Ltd., More...

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