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23-08-2007
Great
Wall Motors will invest RMB 10 billion ($1.33
billion) to develop new models, auto parts and
four platforms for making pickup, SUV, sedan
and MPV.
"By
2010, the overall annual output will be 500,000
units, sales revenue will reach 30 billion yuan($
4 billion)," Wang Fengying said, the general
manager of Great Wall Motors.
The
company has set up a new auto making plant with
an investment of RMB 2.8 billion ($ 0.37 billion)
and a new R&D center, a new testing center
and a trial production center.
Editor:Ida.Zhang
from Chinabuses.com
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