SG Automotive Group production capacity will reach 100,000 units in '08

SG Automotive Group will launch an economical pickup and Qisheng CUV in April, which is powered by 2.0 liter and 2.4 liter Mitsubishi 4G63 and 4G64 engine, together with a 2.8-liter diesel engine. The sales of Qisheng CUV target 5,000 units. SG Automotive Group will launch at least two new models in 2008, meanwhile, two production bases Dandong and Shenyang will be redesigned, with production capacity 100,000 units.

Chief Executive of SG Automotive Group Li Haiyang revealed that this year the Group sales aims at the goal of 20,000 units, and manage to maintain 30% annual growth in the coming few years.