MWW Automotive Group is a young corporation that has gained notoriety across the globe for producing and delivering their products, design and Class A painting services to automobile manufacturers and assembly lines across the world. Today, MWW announced that Modelworxx, its wholly owned subsidiary located in Germany, signed an executive agreement with Isomotive BV, which is the largest supplier for protective car accessories in the Netherlands.
Isomotive BV develops and manufactures special functional impact side bars and running boards for an array of vehicles. These running boards and side bars on commercial vehicles are in special demand in Europe because they are subsidized by reduced auto insurance rates.
Leading the way at Modelworxx is their CEO Gerald Haas who is a renowned name in the auto industry in Germany and throughout Europe. Haas has longstanding relationships with most European domestic and foreign automobile manufacturers, especially with BMW, Mini and Rolls Royce. His team also designed, developed and realized projects such as the Ferrari 513 BB, 308, 412 and Mondial convertible and managed the manufacturing of the L&R Cobra and L&R Silver Falcon sport cars.
When asked about the exclusive distribution agreement, Mr. Haas was quoted as saying, “We are very pleased to announce our new distribution and development partnership in the Netherlands. We believe that IBV, with its high end customers for protective accessories and running boards, is a perfect fit for our leading edge design and high quality products. We are happy that we can launch our products with such an established and successful partner, and we are ready to conquer a significant market share together with IBV for our premium products in the Netherlands.”
While Modelworxx is starting to become a power in Germany, MWW Automotive Group has begun to gain recognition in the United States and beyond. With headquarters in the state of Michigan, MWW still has a classic feel of a company that started in the auto capital of the United States and has spread towards customers across the globe with an intelligent business approach and state-of-the-art technology.
Currently, MWW is trading in the $0.30 range and has continued to post positive news. With a global presence and affordable products that are appealing to drivers everywhere, MWW may grow into a household name and become the over-the-counter gem that every investor dreams of capitalizing upon.
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