Great Wall Motor aims to export 80,000 vehicles this year
According to Wang Fengying, chairman of Great Wall Motor, in this year’s 400,000 vehicles sales plan, the company aims to export at least 60,000 vehicles and will strive for 80,000 and in the future to increase the overseas sales by at least 30 percent. To speed up the overseas export, it will put into production five mid- and high-end SUV models in the next three years and make a special car for the European market. Moreover, the company is panning to produce the Smart model overseas. At present, it has some shares and technology shares in the overseas assembly plants and will also build its own plants. The company’s data show that due to the financial crisis last year, its overseas sales volume was only 32,000 units.
Also, to ensure the completion of the 1.8mln vehicles sales goal, Great Wall Motor has planned to build four production bases to realize an annual capacity of 2 mln units, which includes the existing 500,000 units. The company will produce 300,000 vehicles in the first phase, Tianjin base in 2011; 300,000 vehicles in the second phase, Tianjin base in 2012. In 2013, the company will build a new plant with a capacity of 500,000 vehicles in Baoding and will also extend its production bases and increase capacity by another 500,000 units.
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