NetComposites
Southern Manufacturing

World Transport Authority With Zastava Automobili

14 June 2001


World Transport Authority has entered into a letter of intent with Zastava Automobili of the former Yugoslavia.

The letter concerns a proposed contract between the two parties, under which World Transport Authority would supply composite fiberglass panels for Zastava automobiles and Zastava would provide vehicle development assistance to WTA. Zastava already supplies drive trains for WTA's WorldStar vehicle. Additionally, production lines for Zastava automobiles would become available for purchase by WTA licensees.

Zastava was formed in 1853 as a cannon manufacturer, and has since become involved in the production of automobiles and heavy trucks. Prior to World War II, Zastava produced trucks for Chevrolet. Since 1943, Zastava has produced more than 4 million passenger cars, including almost a million Fiat automobiles considered at the time to be the best vehicle in its class.

The final contract between the parties is scheduled to be executed at Zastava's headquarters shortly after the 4th European Automobile Conference to be held in Bad Nauheim, Germany, 11-12 June 2001.

WTA is an automotive technology company that licenses its product and manufacturing technology to corporations in emerging nations throughout the world. WTA has developed the WorldStar, an inexpensive yet rugged composite utility vehicle.





Share this story


Related / You might like...

‘Inspired from Life, We Reinforce Life’ Says Kordsa’s New Campaign

Kordsa, operating in tire, construction reinforcement and composites technologies market with its mission ‘We Reinforce Life’, has launched a new campaign with the slogan ‘Inspired from life, we reinforce life’.

Dura Composites Launch New Co-Extruded Fire-Rated & Slip-Resistant Decking Ranges

Dura Composites has expanded its Dura Deck range to include Dura Deck Resist, a co-extruded decking board with an innovative 360 degree outer angle which protects its core from the elements, as well as a new and improved Dura Deck Eco.

USQ Delivers Technology Workshop on Composite Rebars

The University of Southern Queensland (USQ) has partnered with Composites Australia to provide Australian civil and composite engineers with access to the latest knowledge on an innovative reinforcing solution to the costly corrosion of concrete infrastructure.