{"id":618707,"date":"2024-04-18T00:00:00","date_gmt":"2024-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/18\/gb-auto-steps-into-jordanian-market-with-mg-distribution-jv\/"},"modified":"2024-04-18T00:00:00","modified_gmt":"2024-04-18T00:00:00","slug":"gb-auto-steps-into-jordanian-market-with-mg-distribution-jv","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/18\/gb-auto-steps-into-jordanian-market-with-mg-distribution-jv\/","title":{"rendered":"GB Auto steps into Jordanian market with MG distribution JV"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>GB Auto to distribute MG cars in Jordan:<\/strong> GB Corp\u2019s automotive arm <a target=\"_blank\" href=\"https:\/\/gb-corporation.com\/gb-auto\/\" style=\"\" rel=\"noopener\">GB Auto<\/a> and <a target=\"_blank\" href=\"https:\/\/www.mgmotor.jo\/\" style=\"\" rel=\"noopener\">MG Motor Jordan<\/a> \u2014 the former distributor of the Chinese-owned automotive brand in Jordan \u2014 have launched a JV to take over the management of the MG Motor dealership in the country, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/1225.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> from GB Corp. The move is part of GB Corp\u2019s efforts to expand across the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The JV \u2014 dubbed GKS \u2014 will be the exclusive distributor of MG passenger cars in Jordan. \u201cThe new JV will have all the needed resources to quickly grow the MG Motor brand in Jordan, focusing on both, an elevated brand experience and market share, through the sales and aftersales superior offerings and competitiveness,\u201d the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the company\u2019s first MG gig in the region: <\/strong>GB Auto has been distributing MG vehicles in Iraq after <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d76f53a8-59c7-4974-ad54-1dacb783a523\/%253cmark%253egb%253c%2Fmark%253e%253cmark%253e-auto%253c%2Fmark%253e-awarded-distributorship-for%253cmark%253e-mg%253c%2Fmark%253e%253cmark%253e-in%253c%2Fmark%253e%253cmark%253e-iraq%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">entering a partnership<\/a> with China\u2019s state-owned SAIC Motor \u2014 the parent company of MG Motor \u2014 in 2020.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cGB Auto remains committed to its strategic vision, maintaining market leadership and fostering long-term growth through prudent regional activities. The integration of the MG brand in Jordan into our portfolio marks a significant milestone, reaffirming our position as a pivotal player in the automotive sector,\u201d GB Corp\u2019s IR head Marina Kamal told Enterprise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The JV \u2014 dubbed GKS \u2014 will be the exclusive distributor of MG passenger cars in Jordan<\/p>\n","protected":false},"author":1,"featured_media":618708,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7339],"tags":[144,72,241,6543,1033],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-618707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-enterpriseam","tag-gb-auto","tag-gb-corp","tag-jordan","wpautop","entry"],"acf":{"mongo_id":"9a882590-93e5-4eee-bdb1-90b68baec7bc","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1264.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GB Auto steps into Jordanian market with MG distribution JV","related_issue":[618693],"teaser":"The JV \u2014 dubbed GKS \u2014 will be the exclusive distributor of MG passenger cars in Jordan","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.0316fc16-4522-4829-8c76-75c11809c2fd.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The JV should get to work during \u201cthe next 12\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655995,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/27\/al-mansour-automotive-and-chinas-saic-to-build-mg-assembly-plant\/","url_meta":{"origin":618707,"position":1},"title":"Al Mansour Automotive and China\u2019s SAIC to build MG assembly plant","author":"enterpriseam admin","date":"27 November 2024","format":false,"excerpt":"The factory is expected to begin production within the next two years","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2516.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571286,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/06\/gb-auto-awarded-distributorship-for-mg-in-iraq\/","url_meta":{"origin":618707,"position":2},"title":"GB Auto awarded distributorship for MG in Iraq","author":"enterpriseam admin","date":"6 May 2020","format":false,"excerpt":"GB Auto lands MG distributorship for Iraq: GB Auto has entered a partnership with SAIC Motor to distribute MG cars in Iraq, the company announced in a statement (pdf). The agreement covers fully imported models produced by the British auto company, and operations will begin in late 3Q or early\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625841,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/al-mansour-becomes-exclusive-distributor-for-mg-in-egypt-to-invest-egp-400-mn-by-2022\/","url_meta":{"origin":618707,"position":3},"title":"Al Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"INVESTMENT WATCH- Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022: Mansour Group\u2019s Al Mansour Automotive signed an agreement with SAIC Motors that will see it become the exclusive local agent for the company\u2019s UK subsidiary MG Motors, according to Al Shorouk. The company\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":618893,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/waja-group-ventures-into-the-ev-industry-in-egypt-in-partnership-with-arab-organization-for-industrialisation-plus-al-mansour-to-expand-mg-range\/","url_meta":{"origin":618707,"position":4},"title":"Waja Group ventures into the EV industry in Egypt in partnership with Arab Organization for Industrialisation. PLUS: Al Mansour to expand MG range","author":"enterpriseam admin","date":"22 April 2024","format":false,"excerpt":"The business partners are looking to set up a JV","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1430.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657388,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/19\/govt-allocates-plot-for-al-mansour-automotive-and-saics-mg-assembly-plant\/","url_meta":{"origin":618707,"position":5},"title":"Gov\u2019t allocates plot for Al Mansour Automotive and SAIC\u2019s MG assembly plant","author":"enterpriseam admin","date":"19 December 2024","format":false,"excerpt":"The factory will roll out a total of 15k cars a year","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1831.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/618707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=618707"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/618707\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/618693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/618708"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=618707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=618707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=618707"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=618707"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=618707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}