Holland Car P.L.C, the  first car assembly plant in Ethiopia, inaugurated newly assembled models of Abay Executive, Awash Executive and Tekeze cars in connection with the New Ethiopian Year. Speaking at the inaugural ceremony, State Minister of Trade and Industry Tadesse Haile said the new models are pride to the country. Company General Manager, Tadesse Tesemma on his part said so far the company has assembled and sold 690 Docc, Abay, and Awash model cars. The newly inaugurated cars Abay Executive, Awash Executive and Tekeze were assembled in collaboration with a Chinese car company JAC. The company has also plan to supply bio- fuel cars soon to withstand the ever increasing cost of petroleum.