Guangzhou Auto to roll out own-brand cars in '10

Shanghai, March 5 (Gasgoo.com)  Guangzhou Automobile Group Co. Ltd (GAC), who operates joint ventures with Honda Motor and Toyota Motor, has said it will roll out the first batch of production cars under its own brand in August 2010, local media reported today.

"The first production car will be a mid- and high-end model powered by a 2.0L engine," said Zeng Qinghong, general manager of Guangzhou Auto and deputy to the National People's Congress.

Zeng added initial production capacity for the car model would stand at 50,000 vehicles per year.

Moreover, Guangzhou Auto's own brand cars have been chosen as the official cars for the 2010 Asian Games, which will be held on November 12 next year in Guangzhou, according to Zeng.

Guangzhou Honda unveiled its first own brand concept Li Nian at the 2008 Beijing Auto Show. The company said at that time that the concept would enter the Chinese market in 2010.