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Dongfeng Motor to launch own brand sedan in 2008
Shanghai. January 31 (Gasgoo.com) - China's third-biggest automaking group, Dongfeng Motor Corporation, will launch a B-segment sedan by the end of this year, 21st Century Business Herald reported today.
The report said the model will compete with middle-end cars like Excelle and Elantra. Dongfeng Motor will move on to develop more models covering all B, C and D segments on its own. However, the automaker did not unveil more details over these plans.
The automaker is also building its own sales channel, with additional 75 dealers to be established in the future.
Currently Dongfeng Motor has a capacity to produce 160,000 own brand vehicles annually, and it plans to further expand this capacity.
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