BYD sets up third network to boost sales

Shanghai, December 3 (Gasgoo.com) Chinese carmaker BYD Auto announced yesterday that it has begun to set up its third dealership network across the country to boost sales growth, said xinhuanet.com today.

The third BYD sales network is code-named "A3 Network" and now the company has started recruiting dealers nationwide for the network expansion. The new dealerships are expected to sell the medium-grade BYD F5, MPV M6 and BYD's other new models.

Currently BYD has its A1 and A2 networks, which boast more than 300 4S stores.

Xia Zhibing, general manager of BYD's sales division, said that in 2009 BYD will launch five new models and aims to sell more than 400,000 vehicles in the whole year.

BYD's latest flagship model F3DM will hit the market on December 15. The electric hybrid model will be attached with a new blue BYD label, which is specially design for BYD new energy car models.

Recently, the F3DM has been approved for production and sale by China's Ministry of Industry and Information Technology (MIIT) - the state regulator of China's auto industry.