Brilliance to complete new factory, increasing production capacity to 15000

Shanghai January 19 (Gasgoo.com) Brilliance Auto Group plans to complete construction of its new factory, said company CEO Qi Yumin. Brilliance has invested 2.56 billion yuan ($389.4m) in the 38,000 square meter complex, which will be responsible for production of the company's Zhonghua series of cars. The company's annual capacity will reach 150,000 vehicles once it starts production, allowing Brilliance to become one of the country's largest own brand producers. The factory will also produce the company's upcoming SUV, planned to hit the market in October of this year.

Jan. 27 , 2011
US automakers see tests from old, new threats

Detroit January 17 (Reuters) Top U.S. auto executives may allow themselves the odd celebratory drink at this year's Detroit auto show as sales recover, but they still have plenty of worries to keep them awake at night.

Jan. 27 , 2011