Shanghai, March 7, (Gasgoo.com) - China's largest pick-up truck maker Great Wall Motor Co., will finally launch its first sedan - Peri tomorrow at Chengdu, Sichuan province, local newspaper reported.
The car, equipped with GW413EF 1.3L engine and Bosche's latest ABS and EBD systems, has also passed European Union standard safety test, according to a senior company official.
Priced between 40,000 and 50,000 Yuan ($5356 - $6695), the model will be exported after it is launched at domestic markets. Great Wall said it has sales networks or partnership dealers in more than 70 countries.
Last year Italian automaker Fiat has initiated legal proceedings against Great Wall, claiming Peri is a copy of its Panda. Great Wall said that it spent three years developing its first car and owns its intellectual property rights.
The company expects to sell 80,000 Peri vehicles by the end of 2008.
Great Wall Motor to launch Peri on March 8
