Shalom Life | October 26, 2014

Israeli-Chinese Automaker Sells First Car

Young interior designer is Qoros’ first customer

By: Zak Edwards

Published: January 6th, 2014 in Business » World

Israeli-Chinese Automaker Sells First Car

Israeli-Chinese car manufacturer Qoros has just sold its first car to 28-year-old Yu Min, reports Business Insider. The interior designer purchased the company’s only model currently in production, the Qoros 3 Sedan, in Macadamia Brown, from Qoros Vice Chairman Volker Steinwascher.

Qoros began as a joint venture between the Israel Corporation and Chinese car company Chery Automobile. Beginning in 2007, Qoros is after the Volvo market in China, selling dependable cars at reasonable prices.

“Based on in-depth research of how modern metropolitan lifestyles and driving needs are best met,” Qoros said in a press release yesterday, “the Qoros 3 Sedan has been developed to European standards of safety, refinement, and quality.”

The company’s only model, the Qoros 3, tested for a five star safety rating with the Euro NCAP crash testing, the first Chinese made car to secure such a rating. Developed and engineered in Germany, the Qoros 3 is manufactured in an “all new, highly efficient” Chinese facility that can produce 150, 000 cars per year, but that “can be easily raised to 250,000 cars,” according to their press release.

Introduced at the Geneva Car Convention in March, the Qoros 3 went on sale in China in November.

Plans are already underway to release another model at this year’s convention and continues to “develop Western-standard vehicles for China’s domestic market as well as for export,” to quote the company’s mission statement.

Wix Named 'Hottest Middle Eastern Startup' Wix Named 'Hottest Middle Eastern Startup' TrendingStartup Club: Hello Doctor Startup Club: Hello Doctor TrendingPÜR Gum Makes Long Lasting Impression on Dragon's Den PÜR Gum Makes Long Lasting Impression on Dragon's Den Trending
 

The Ten Best Bagels in Canada

October 25, 2014 | By Caitlin Marceau
The Ten Best Bagels in Canada

Our guide to the best bagels across Canada, from Montreal to Toronto

Read More

Seinfeld Finally Joins Facebook and Instagram [VIDEO]

October 24, 2014 | By Ashley Baylen
Seinfeld Finally Joins Facebook and Instagram [VIDEO]

A hilarious video shows Michael Richards asking Seinfeld to take out Netflix and Hulu.

Read More

Seth Rogen and Megan Fox Join James Franco’s ‘Zeroville’

October 24, 2014 | By Ashley Baylen
Seth Rogen and Megan Fox Join James Franco’s ‘Zeroville’

Rogen and Fox will be co-starring alongside Will Ferrell, Danny McBride and Dave Franco

Read More

Mila Kunis Dolls Are Coming To a Store Near You

October 24, 2014 | By Ashley Baylen
Mila Kunis Dolls Are Coming To a Store Near You

Adorable dolls featuring Mila Kunis and Channing Tatum in 'Jupiter Ascending' are coming out in January

Read More

Jews Around the World to Take Part in the Shabbat Project

October 24, 2014 | By Daniel Koren
Jews Around the World to Take Part in the Shabbat Project

Jews in 460 cities across the world to take part in the inspirational Jewish initiative, including Paula Abdul and Mayim Bialik

Read More

Wix Named 'Hottest Middle Eastern Startup'

October 24, 2014 | By Viva Sarah Press
Wix Named 'Hottest Middle Eastern Startup'

Inc. magazine credits Israeli DIY website creation platform with taking a complicated task and making it enjoyable

Read More

‘Fury’ A Blistering Account of World War II—Sans the Holocaust

October 24, 2014 | By Jason Stack, JNS.org
‘Fury’ A Blistering Account of World War II—Sans the Holocaust

The Brad Pitt and Shia LaBeouf-starring film essentially omits the brunt of the Holocaust from World War II

Read More

Israeli Company Shows that Energy Does in Fact Grow on Trees

October 24, 2014 | By NoCamels Team
Israeli Company Shows that Energy Does in Fact Grow on Trees

The eTree is a solar-powered urban habitat that is constructed from metal pipes and topped with solar panels

Read More

More Headlines