Automotive News

Shanghai, August 11 (Gasgoo.com) The Austrian car dealer Denzel said it plans to import cars made by Chinese manufacturer Geely Holding Group Co and BYD Auto from 2010, Austrian newspaper kurier reports.

Denzel signed partnership contracts with the two Chinese manufacturers back in 2008 but is still waiting for their car models to pass the Euro NCAP crash test. Denzel will start to sell these models in Europe when everything is ready.

Denzel said it is impressed with BYD's electric model plans and is confident to its prospective. BYD Auto launched its first plug-in hybrid vehicle, the F3 DM sedan, last December and is expecting to launch all-electric models, like the F3e and F6e, by the end of this year.

According to the report, Denzel is Austria's biggest car importer with sales revenue rising five times in the first half of this year to €3.4 million, thanks to a sales boost of cars imported from Hyundai Motor Company.