Chairman of Shanghai Maple Automobile Xu Gang unveiled Maple's "518" work agenda for 2007 recently. According to the agenda, Maple plans to produce 51,000 complete vehicles and 80,000 engines; sales volume is fixed at 51,000 units, of which domestic market takes 43,000 of the total volume and 8,000 units are to be sold abroad; profit margin is expected to reach RMB5 billion. In 2007 five all-new models will be launched and a new platform will be set for new models.
Shanghai Maple produced 28,518 units, a rise of 18.73% year on year, while sales come to 27,858 units, also a big boost comparing to prior year.
